Remove Modeling Remove Procurement Remove SCM
article thumbnail

The Role of Supply Chain Planning in Today’s Complex Business Environment

Logistics Viewpoints

Over the past five years, supply chains have faced unprecedented challenges. E-commerce demands, trade pressures, and increasingly complex supplier networks have necessitated executives to raise concerns about their supply chain operations. Who is responsible for Supply Chain Planning?

article thumbnail

Mathematical Optimization: Supply Chain Management by the Numbers

Supply Chain Brain

Bowman, SupplyChainBrain Supply chains consist of imperfect humans struggling to make perfect decisions. Bowman, SupplyChainBrain Supply chains consist of imperfect humans struggling to make perfect decisions. By itself, the word “optimize” doesn’t mean anything specific. “A The word “perfect,” of course, can be misleading.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Unmasking the Supply Chain: How Blockchain Brings Transparency and Trust

Logistics Viewpoints

Supply chains, which facilitate the movement of products from manufacturers to consumers, have historically encountered issues such as inefficiency, fraud, and a lack of transparency. ERP & SCM Systems (2000s2015): Centralized ERP suites (e.g.,

article thumbnail

The Best Ways to Use Project Management to Build Resilient Supply Chains Amid Global Disruptions

SCMDOJO

Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. One of the most effective strategies for building resilience is integrating project management into supply chain operations. A well-managed supply chain does not just survive crises it thrives in them.

article thumbnail

AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. And that’s not forecasting; it’s modeling. That’s what AI is capable of doing. The human brain has limitations. It also has great, unlimited imagination.

article thumbnail

Pricing Power: The Most Effective Weapon During Trade Wars

Supply Chain Brain

The challenge is compounded by the comparatively slow digital transformation in the supply chain and distribution sector, with many organizations remaining dependent on pricing systems that are either fully or partially manual. As the speed of trade policy changes continues to escalate, spreadsheets simply cannot keep up.

article thumbnail

Best Supply Chain Management Software For Enterprises in 2025

ThroughPut

CAGR , the global supply chain management software market is expected to touch USD 50 billion by 2032. This one figure speaks volumes about how organizations worldwide want access to the best supply chain management tools to boost efficiency and value in their distribution and logistics network. Growing at an overwhelming rate of 11.1%