Accurate modeling of a company’s supply chain network provides insights into optimal production, storage locations, and raw materials supply network strategy. The modeling process can last from one ...
Supply chain network design (SCND) is a branch of operations research that involves translating business rules into a data model to solve optimization problems. SCND helps in strategic decision-making ...
From 2020-2022, companies weren’t thinking about supply chain strategy or design at all. Everyone had shifted to short-term thinking. In 2023, companies began cautiously raising their heads to assess ...
Design for manufacturing (DfM) is evolving from traditional engineering practices into a data-intensive discipline that requires real-time integration of manufacturing capabilities, supplier ...
In an increasingly uncertain world, the strategic worth of network design will continue to rise. It is not only the pace of change driving network design’s value, it is also the scale of the changes ...
Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. Schneider Electric provides energy management and industrial and building ...
In these challenging times, product value can also be measured, beyond cost and function, by the ability of a manufacturer to quickly make and ship to a customer. With components and labor still not ...
Over the last two decades, the role of supply chains has evolved dramatically—from a cost center to a source of competitive advantage and ultimately to a pivotal force in global commerce. The COVID ...
Artificial intelligence is everywhere these days. But what if it isn’t? I would guess that at least 50%, and probably closer to 70%, of the article pitches I receive these days involve AI. Most ...
Supply chain network design and optimisation constitute a pivotal element in modern logistics and operations management, aiming to configure facilities, transportation routes and inventory systems ...