article thumbnail

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. It can be used to solve a wide variety of supply chain problems. Simulation techniques can fill those gaps and allow for a more holistic view of a company’s supply chain. But it has gaps.

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. How are companies leveraging scenario modeling for network design and optimization ? Current Technologies in Use for Supply Chain Network Design . Read on for common use cases. .

Modeling 361
Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Design Crosses the Chasm

Logistics Viewpoints

Recent supply chain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced.

article thumbnail

Overcoming Data Pitfalls for Reliable Supply Chain Network Design

Supply Chain Brain

Supply chain network design, a branch of operations research, helps in strategic decision-making about nodes, sourcing, transportation modes and inventory levels.

article thumbnail

Your Supply Chain Challenges, Solved!: 5 Guides

Download these 5 comprehensive guides designed to solve the toughest challenges facing supply chains today. After helping 1,200+ of the world’s most recognized brands to enhance and optimize their supply chains, FourKites has crafted step-by-step guides to help you solve your business’s most pressing challenges.

article thumbnail

Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

A Supply Chain Design Solution from Coupa Imagine you’ve just received the job offer of your dreams. If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. The interview process is over, but more challenges are ahead.

article thumbnail

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? The reason?