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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Read on for common use cases. .

Modeling 361
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IBP Scenario Modeling for Recovery, Restructuring and Resilience

AIMMS

Those that also leverage scenarios in IBP are even better prepared to deal with the supply chain shocks caused by COVID-19. Our second webinar delved deeper into the technology aspect, focusing on analytical capabilities and scenario modeling. Let’s explore them briefly in this blog post.

Modeling 406
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Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

Supply chain network design (SCND) is a powerful tool for improving business operations. Optimization and simulation are the two main branches of SCND. Optimization accounts for over 90% of all work that is being done by SCND teams. It can be used to solve a wide variety of supply chain problems.

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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

The COVID-19 pandemic has exposed many risks and uncertainties in supply chain networks. Materials shortages , demand fluctuations and plan t closures have led many organizations to revisit their supplier relationships, as well as distribution and production locations. Read on for common use cases. .

Modeling 177
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Guide to Mathematical Optimization & Modeling

For decades, operations research professionals have been applying mathematical optimization to address challenges in the field of supply chain planning, manufacturing, energy modeling, and logistics. This guide is ideal if you: Want to understand the concept of mathematical optimization.

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Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience?

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Supply Chain Network Design: Optimization Advantages

Logility

The Optimization Advantages of a Redesigned Supply Chain Network Cost optimization is one of the most popular supply chain initiatives. Yet, annually refreshed models can be more supportive of yearly contracting processes and decision-making around in-sourcing and outsourcing logistics services.

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How Data Analytics Can Solve the Challenges Faced by SC Leaders in Discrete Manufacturing

From consumer electronics to automotive manufacturing, most of the global economy’s largest industries rely on some form of discrete manufacturing. Manufacturers in these industries face several unique challenges: Labor and material shortages halting production. Lack of collaboration between supply chain stakeholders.

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8 Supply Chain Technology Trends for 2022 and Beyond

Manufacturing leaders who built resilient supply chains were successful in 2021, despite the many supply and demand fluctuations. Supply chain visibility, collaboration, and orchestration are now the top priority for executives. Multi-Tier Supply Chains. Focus on Local Regions.

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Supply Chain Network Design: The Ultimate Use Cases eBook

Explore the most common use cases for network design and optimization software. This eBook shares how supply chain leaders leverage their supply chain design software to tackle a variety of challenges and questions. Scenario analysis and optimization defined. Modeling your base case.