Category archives: AIMMS
From import tariffs to the next tsunami: how Prescriptive Analytics can help you build agility and resilience into your Supply Chain NetworkPosted on May 22, 2018 by Paul van NieropLeave a reply
In a world full of turmoil, change has become the new normal. New import tariffs being introduced across the globe, extreme weather events, Brexit… The list goes on and on. What can Supply Chain leaders do to mitigate the risks that these disruptions bring to the Supply Chain? Businesses are constantly reminded that they need to be more agile and resilient in order to survive. But what does this mean when it comes to Supply Chain Network Design?
KFC, a fast food favorite, made headlines last month for suffering a chicken shortage that brought 900 restaurants in the UK to a halt. Recently, the chain announced it was suffering from a gravy shortage as well. Not ideal for a chicken restaurant. No chicken and no gravy mean no customers. The whole debacle could have cost Yum! Brands Inc., KFC’s Parent company, up to £1m in losses per day. Not to mention a PR crisis that, despite a cheeky apology, will follow the company for years to come. What went wrong?
What are companies looking for in supply chain network design technologies? What works well, and what are the challenges? We commissioned Supply Chain Insights to conduct independent research about this topic and discussed the findings in a recent webinar. Today, we’re pleased to share a more extensive report on this topic. The report covers perceptions about supply chain network design (SCND) as a process and outlines the key benefits and barriers experienced by companies when using SCND technology. Let’s take a look at some of the key findings.
This is a guest entry by Frans van Helden, Product Lead at ORTEC Supply Chain Design. As a new writer to this blog, I spent some time to think about what my ‘maiden speech’ should be. I would like to share something about my passions. In my personal life, my true sports passion is bicycling, like your prototype Dutchman. I thought to myself: why do I like it? Cycling, compared to walking, goes at high speed. With sufficient training, you can cover long distances as well. A bicycle is easy to maintain, so if something breaks down, you can repair it yourself. And the best part is: you can spend some time outside, giving your mind some time off, enjoying the countryside. Continue reading »