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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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Understand the Factors Behind Inventory Accumulation by Optimization Models with No Demand

Arkieva

While working with various optimization models, I often encountered situations where the supply chain optimization model would make decisions to produce items even when there was no demand. This blog discusses different scenarios that led to the optimization models producing and storing excess inventory.

Modeling 120
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article thumbnail

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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Holiday Supply Chain Optimization for Us Mere Mortals

ToolsGroup

As Christmas draws near, it’s impossible not to think of Santa — and as the CEO of an AI company that optimizes supply chain , it’s impossible to ignore his looming logistical challenge. Holiday supply chain challenges It is an especially fraught holiday season for supply chain logistics.

Modeling 156
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Best Practices to Model Carbon Costs in Supply Chain Network Design

Do you want to know the environmental impact of your supply chain and make sustainable decisions? In this article, we share best practices about modeling carbon costs in network design.

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Fashion Industry Challenges Require Elegant Demand Planning

ToolsGroup

When you’re perusing luxury handbags online, or testing which cocktail dress suits you the best, you probably don’t pause to consider all the supply chain complexities and analytics required to ensure the fashion items you’re craving are in-stock. shorter product life cycles, and often protracted supply lead times. Hybrid models (i.e.

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AI in Demand Planning — Are You Utilizing Your Full Potential?

BlueYonder

In today’s fast-paced world of modern business, supply chains are the backbone of seamless operations. In recent years, artificial intelligence (AI) has emerged as a transformative force, revolutionizing the way supply chains operate. In this blog, we delve into the myriad ways AI is reshaping the future of supply chains.