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Probabilistic Planning Helps Master Supply Chain’s Unknowns

Logistics Viewpoints

When planning your weekend, you might check a 5-day weather forecast, which provides probabilities of rain, sunshine, or cloudy skies. Another example is commuting. Recently, Steve Banker wrote an article about taking a flight and planning the drive to the airport. The supply chain is no exception.

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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. Here are two scenarios that demonstrate the differences.

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One-Number Plans are Bad Plans

Logistics Viewpoints

Matt Hoffman, Vice President of Product and Industry Solutions, at John Galt Solutions One-number plans are bad plans. A one-number forecast, for example, looks across the range of demand that might emerge in a period and decides to create a forecast that is mid-way between the most and the least demand that is apt to emerge.

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Collaborative Planning, Forecasting, and Replenishment (CPFR): Enhancing Supply Chain Efficiency

10xLogistics

In the complex world of supply chain management, the pursuit of efficiency and effectiveness is unending. Collaborative Planning, Forecasting, and Replenishment (CPFR) is a strategy that has revolutionized this space, offering a systematic approach to reducing supply chain inefficiencies. What is CPFR?

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How Disruptions like Coronavirus Test The Resilience Of Supply Chain Planning

AIMMS

The virus continues to compromise supply chains and disrupt companies at a troubling rate, but a re businesses prepared from a supply chain planning perspective? . The era of globalization has enabled supply chains to be broader and more connected. First reaction s to the outbreak . – Tweet this.

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Infor’s Strategy for Differentiation

Logistics Viewpoints

Infor’s CEO, Kevin Samuelson Infor’s strategy for differentiating their business from competitors like SAP and Oracle rests on a truly differentiated approach to ensuring that their customers get ongoing value from the business applications they purchase. For example, Google Maps app is a public cloud application.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

Supply chain resilience is a hot topic the last few years since post-Covid issues and newsworthy incidents like the Houthi attacks in the red sea have raised awareness. The bridge collapse is a stark reminder of the vulnerability of the nation’s aging infrastructure and the importance of supply chain resilience.