article thumbnail

Mathematical Optimization: Supply Chain Management by the Numbers

Supply Chain Brain

In a sense, mathematical optimization is the latest refinement of the concept of an “expert system,” a term from the early days of AI development that described efforts to mimic the knowledge base acquired by human managers through years of experience.

article thumbnail

Autokiniton Drives Quality Standardization and Automotive Excellence with QAD EQMS

QAD

In the high-stakes world of automotive manufacturing , delivering consistent quality at scale isnt just a competitive differentiatorits a necessity. million square feet of manufacturing floor space and operations across the U.S., With more than 8.3 Customers came out and said, Hey, this is no longer an option.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Time for a Supply Chain Metrics Cleaning

Logility

This holds true no matter if your company is a retailer, wholesaler, distributor, or manufacturer. Fewer meaningful and insightful metrics that lead to a common knowledge base and clear understanding on how to make improvements are better than many metrics that lead to conflict and confusion.

article thumbnail

Why Should Manufacturers Get Social With Their Supply Chains?

Supply Chain Network

In recent years manufacturers have globalised their operations due to the need to reduce costs and to explore business opportunities in new markets. To be able to tap into a global knowledge base of information is not only useful but it can save a lot of time when trying to get the answers to specific questions.”

article thumbnail

Ensemble Forecasting: The Difference Between Staying Ahead or Falling Behind

Logility

Accurate predictions not only ensure optimal inventory management but also drive better decision-making across various sectors such as retail, manufacturing, and supply chain management. Enhancing the Power of Demand Forecasting with Ensemble Forecasting In the realm of demand forecasting, accuracy is essential.

article thumbnail

Doing Business in Switzerland

QAD

Manufacturing in Switzerland. Switzerland has a highly developed manufacturing industry specializing in high-tech and knowledge-based production. Manufacturing is the growth engine of the swiss economy, but the country has lagged in innovation during the last several years. Other Important Swiss Industries.

article thumbnail

9 Critical ERP Features for Discrete Manufacturers

OptiProERP

Manufacturers need specific functionality to run their businesses effectively. Let’s examine what ERP functionality is critical for discrete manufacturers. Manufacturers rely on their inventory to build their products, so they need to have the correct amounts on hand at all times. Inventory Management. Supply Chain Management.