When your supply chain is small — with just one factory, one product, one DC and a single group of customers — decision-making is straightforward and quick. However, as supply chains grow more complex, involving thousands of suppliers, materials,various transportation...
Backorders occur when customer demand exceeds the available supply or production capacity and at the same time there is a stock out preventing fulfilling the customer demand by inventory. This situation arises due to various constraints, such as limited manufacturing...
According to Gartner, network design is the optimization of the function and location of supply, distribution, and manufacturing networks in support of customer requirements and an overarching company strategy. Supply chain network design software supports the...
In recent years, the Right-wing populism is experiencing a global rise, marked by increasing support for populist parties and leaders across various regions. In Europe, right-wing populist parties have gained significant vote shares in countries like Italy, Spain,...
Supply chain network design is crucial for meeting customer demands and minimizing costs. This involves strategically locating facilities like distribution centers to ensure timely deliveries and cost efficiency. But traditional methods for determining these locations...
