Definition
A customer order that cannot be fulfilled immediately due to insufficient inventory.
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Devadas Pattathil helped launch Walmart’s online grocery business. In his career, he has seen a lot of change in the supply chain, and now he is seeking to drive that change with his omnichannel tech firm Nextuple.
Detecting and reducing supply chain fraud can be done using artificial intelligence and the existing supply chain systems and the familiar transactions that they produce.
The supply chain predicaments that companies are still reeling from were not caused by the use of methodologies such as lean or just-in-time, but rather likely due to the abuse of these methodologies, compounded by the seemingly carefree attitude…
A control tower can transform supply change management, creating a digital supply chain that is faster, cheaper, and more resilient than the old one.
Use digital capabilities to optimize agility, flexibility, and customer loyalty during rising inflation.
Five ways to mitigate uncontrollable SCM risks.
A scalable total-cost framework for sourcing decisions.
From container shortages, and massive backlogs at the ports, to the recent resurgence of Covid in southern China’s ports, the supply chain and drayage providers, in particular, have seen significant delays and critically tight carrier capacity…
Working with a retail pharmacy chain in an emerging market, we have developed an inventory management model to minimize total inventory-related costs for various forecast horizons.
“First do no harm” is an important tenet of medical doctors. While supply chain management is perhaps not as noble a profession as medicine, we do have a noble goal. Our goal (and real purpose in life) is to optimally match supply and demand…