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Scenario Modeling Is Now Crucial for Supply Chain Network Design

AIMMS

How are companies leveraging scenario modeling for network design and optimization ? The good news is many of the survey’s respondents recognize the potential of more advanced optimization solutions. In the context of disruptions like COVID-19, scenario modeling can make considerable difference – Tweet this.

Modeling 361
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Omnichannel Retailers Leverage Optimization for Order-Promising

Logistics Viewpoints

Historically, omnichannel software solutions were not capable of optimization. For example, look to fulfill from the closest store location to the consumer first, but if not all the ordered items can be fulfilled from this location, then fulfill from this the e-commerce warehouse. That is changing.

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Continuous Warehouse Optimization and The DC Technology Gap

Logistics Viewpoints

But there is a technology gap between gleaming new automated facilities and tens of thousands of existing warehouses and distribution centers that pre-date the warehouse building boom of the past 5-10 years. Those systems and processes were designed to serve the current business model for 10 years or more.

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What are Digital Twins and How Can They Drive Warehouse Efficiency?

Logistics Viewpoints

The concept of digital twins has emerged as a powerful foundational tool to drive improvements in warehouse productivity and efficiency. In the warehouse context, a digital twin can be created to represent the physical layout, inventory, equipment, and workflows of a warehouse. Physical change (i.e.,

Modeling 236
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Editor’s Choice: Machine Learning Will Make Warehouse Managers More Productive

Logistics Viewpoints

Today’s article is from Lucas Systems and highlights the benefits of machine learning in the warehouse. Real-world uses of AI in business have exploded in the past decade, but few of those applications are focused on warehousing and distribution. This article provides an introduction to machine learning for warehouse managers.

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Multi-echelon Inventory Optimization vs Inventory Optimization

ToolsGroup

Imagine what would happen if each station optimized its schedule and traffic independently: city-wide chaos would ensue. Now consider that by not optimizing your inventory from a global vantage point you may be creating, if not outright chaos, a much less efficient network than you could have.

Modeling 270
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Achieving Overall Logistics Effectiveness in Warehouse Operations

Logistics Viewpoints

We spoke mostly about achieving optimal warehouse performance. Subsequently, we discussed the broader concept of taking a holistic approach to warehouse performance improvement, including warehouse process design, solution selection, and the role of specific steps in achieving overall success in warehouse operations.