Logistics Viewpoints
MAY 22, 2023
Moreover, this exercise might need to be repeated several times depending on how the war proceeds. For it to be an optimal solution, a mathematical model needs to be used. That model can then be used to analyze every new situation that arises. Do we have a demand forecasting tool in place and, if so, how good is that forecast?
AIMMS
FEBRUARY 1, 2021
We often get asked what kind of return on investment you should expect to see when using our network design technology. To do this, we built two representative models of a business. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. ” – Tweet this.
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Logistics Viewpoints
OCTOBER 21, 2021
Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic. For the longest time modeling and designing such nodes, modes, and flows has been the realm of Supply Chain Design. Design can help test such ideas before implementing changes to the master data.
AIMMS
FEBRUARY 1, 2021
We often get asked what kind of return on investment you should expect to see when using our network design technology. To do this, we built two representative models of a business. While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. ” – Tweet this.
Logistics Viewpoints
MAY 26, 2022
This is not a continuous improvement exercise, but a matter of survival as greater unpredictability prevails in our markets, continually taxing resources, and challenging forecast accuracy on both the demand and supply sides.
The Lean Thinker
AUGUST 6, 2019
The business literature is full of examples of this – companies who could not keep up with their own success, their performance deteriorates and, well, many of them go out of business. Starry-eyed executives often look only at the financial models, maybe equipment capacity, and skip over the operational aspects of their due diligence.
Logistics Viewpoints
MAY 25, 2023
But I’d like AI more to a magic trick, so allow me to direct your attention to the technology behind the curtain to highlight both its risks and its rewards and to share the essential leadership skills AI cannot provide. Models trained on human data reflect us, both our pride and our prejudice. The first is bias and misinformation.
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