Mathematical Optimization-Based Tools vs. Heuristics-Based Tools for Supply Chain Network Design and Optimization
Mathematical Optimization-Based Tools vs. Heuristics-Based Tools for Supply Chain Network Design and Optimization
Overcoming Challenges in Implementing Digital Twins in the Supply Chain
Overcoming Challenges in Implementing Digital Twins in the Supply Chain Overcoming Challenges in Implementing Digital Twins in the Supply Chain In recent years, digital twins have emerged as a game-changing technology in various industries, including supply chain management. A digital twin is a virtual replica of a physical object, process, or system that allows real-time […]
Driving Sustainable Practices: The Environmental Benefits of Supply Chain Network Optimization
Driving Sustainable Practices: The Environmental Benefits of Supply Chain Network Optimization Driving Sustainable Practices: The Environmental Benefits of Supply Chain Network Optimization In today’s rapidly changing world, the need for sustainable business practices is more important than ever. Supply chain network optimization plays a significant role in achieving environmental sustainability goals for organizations. By optimizing […]
Why You Can No Longer Design Your Supply Chain Network Using Excel
Why You Can No Longer Design Your Supply Chain Network Using Excel Why You Can No Longer Design Your Supply Chain Network Using Excel For decades, businesses relied on Excel spreadsheets to manage their supply chains. The simplicity of Excel and its wide availability made it the go-to tool for everything from inventory management to […]
How supply chain digital twins can improve supply chain efficiency?
How supply chain digital twins can improve supply chain efficiency? How supply chain digital twins can improve supply chain efficiency? A digital twin is a virtual replica of a physical object, process, or system. Using a digital twin can help you simulate and analyze different scenarios in your supply chain to identify inefficiencies and […]
Using multi-weight rates to reduce parcel logistics costs
Using multi-weight rates to reduce parcel logistics costs How can you use multi-weight rates to reduce parcel logistics costs Logistics and supply chain costs include the costs of moving a product from the market to the end consumer. These expenses are the culmination of numerous interconnected moving components and the outcome of significant choices supply […]
9 Principles for Supply Chain Network Design
Lambda Supply Chain Solutions Lambda SCS 9 Principles for Supply Chain Network Design 1. What is a digital twin? A digital twin is a digital
Last mile cost reduction using digital twins
Lambda Supply Chain Solutions Lambda SCS Last mile cost reduction using digital twins How digital twins can be used to optimize last mile logistics cost
Using digital twin for inventory planning in E-commerce distribution network
Using digital twin for inventory planning in E-commerce distribution network 1. Introduction – Service level as competitive edge E-commerce is one of the fastest growing and most dynamic industries in the world today, with no signs of slowing down. This also means, Service Levels has been one of the most critical supply chain factors, often […]