Scoping is the most critical part of a Network modeling project ,however, it is not assigned the importance it deserves when Network modeling projects are
Month: November 2016
Challenges in Implementing an Inventory Policy
Conceptually, implementing an Inventory policy seems straightforward. All you have to do is to categorize your products (say, using ABC Classification) and then define an Inventory Policy
Leveraging Cost time profiles for process diagnostics and improvement
Cost Time Profiles (CTPs) can help you document and visualize the synergies of cost and time information of a process. It is a great tool
Using Regression Analysis in Transportation Analytics- A Use Case
Recent trends indicate a surge in application of predictive analytics methodologies in the Logistics and transportation domain. Regression analysis, which is a widely used predictive
Incorporating service levels in Network design
In a Network design context, service levels are usually measured by transit time or distance. So for example, if you plan to provide same day
Using Greenfield Analysis for long term strategic network design
A Greenfield analysis can be a great way to get started for long term strategic network planning. A Greenfield analysis can tell you what will
Leveraging Geographical Risk Mapping in Supply Chain Design
Supply Chain Network design exercises are sometimes so focused on achieving cost efficiencies, that they overlook a crucial aspect of Supply Chain design-factoring various risks
Commonly used Route Optimization Scenarios: A Cheat Sheet
Route Optimization (RO) is an operational planning exercise that has the potential to generate significant cost efficiency opportunities. If you are a Transportation executive looking to leverage RO
Introduction to Linear and Mixed Integer Problems for Supply Chain leaders
As a non practitioner, you may have heard jargons like Mixed Integer programming, Integer programming etc. when interacting with your modeling team. This post intends
Modeling Bracket Pricing
Many commercial Supply Chain packages (like Llamasoft) don’t allow you to define different price for the same product. If you are developing a model to capture
