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Digital Twins in the Supply Chain

Enterra Insights

The Apollo 13 mission in the 1960s is an early use case of using twins to model the state of the damaged spacecraft and bring the astronaut crew safely back to Earth.”[3] Honaman explains that the digital representation is a model and requires data. This leads to the third element, connectivity.” 3) Connectivity.

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A Real World Humanitarian Logistics Model

MIT Supply Chain

A humanitarian logistics model developed by the Center for Latin American Logistics Innovation (CLI) improves the efficiency of response efforts by taking a holistic view of these operations. CLI researchers are now refining the model by allowing for social factors such as the influence of activist groups on relief operations.

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Help Supply Chain Planners Be More Successful In These Uncertain Times

Supply Chain Shaman

Time to Sense Market Shifts in the 2007 Recession. The answer is to increase modeling, evaluate sourcing strategies, and build the right push/pull decoupling points. Due to the lack of design of work processes, the output from the technology is sub-optimal. An optimization engine needs a clear objective function.).

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How We Stubbed Our Toe in The Evolution of S&OP

Supply Chain Shaman

The model in Figure 1 became the foundational model for the Gartner S&OP model. Forty interviews and two quantitative studies helped me build the model in my mind. Sales and Operations Maturity Model from 2005-2008. Industries carried on average 32 days more inventory in 2020 than in 2007. (I Mistake #5.

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Lifting The Gray Curtain

Supply Chain Shaman

” The answer lies in the need to redefine work to improve the demand planner’s ability to model. My question was, ” Would the world of Python, R, and NoSQL offer for an improved modeling environment with a digital twin deployment. We started the pandemic with twenty-one more days of inventory than we had in 2007.

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Thomas Cook collapse: why working capital optimization matters

Taulia

The arrival of low-cost airlines – not to mention internet-based firms such as Airbnb – prompted many holidaymakers to move away from the package holiday model favored by Thomas Cook, instead preferring to book their own flights and hotels. The post Thomas Cook collapse: why working capital optimization matters appeared first on Taulia.

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Using Supply Chain Systems Specialists to Complete Your Project

Veridian Solutions

Supply chain leaders faced with a new software implementation process need to know why supply chain systems specialists are valuable and how they add to ROI through better optimization efforts and use of system functions. Let Veridian Optimize Your Next System Implementation Project. Never pay the full cost upfront.