Inventory Management

How we gamified mathematical optimization using burritos

Wednesday, April 16, 2025 · Lindsay Montanari, senior director, academic programs, Gurobi Optimization
Gurobi Optimization, in collaboration with Dr. Larry Snyder of Lehigh University, created a supply chain optimization game based on the ability to deliver burritos to customers, maximizing profits.

Combating sequential time delays in pharmaceutical supply chains

Wednesday, March 12, 2025 · SCMR Staff
The pharmaceutical industry faces significantly longer lead times than other industries, and time delays can seriously impact the health outcomes of countless individuals. Recognizing the potential risks this poses, one industry giant sought to improve on-time delivery through…

Risk management: The intersection of supply chain and aircraft availability

Wednesday, March 5, 2025 · Robert J. Delaney, MS, and Amanda L. Femano, Ph.D
With finite resources, it is in the best interest of any organization to properly quantify the risk associated with individual components. In both the military and industry, it is imperative that investments in the supply chain are prioritized based on the overall risk to the…

Unlocking efficiency: How automation sharpens forecasting in the energy industry

Wednesday, February 26, 2025 · Massachusetts Institute of Technology
In the fast-paced world of energy-exploration technology, companies are constantly on the lookout for innovative strategies to help them stay ahead of market dynamics. For one global energy company, the key to unlocking efficiency was transforming how it predicts the demand…

From reactive to proactive: Mitigating semiconductor delivery in an oil & gas company

Wednesday, January 22, 2025 · Massachusetts Institute of Technology
By leveraging a data-driven approach and machine learning algorithms, an oil & gas company was able to more accurately predict semiconductor availability, reducing safety stock inventory and more effectively predicting lead-time forecasting.

Deliver fresher food: A pick-to-zero transformation for retailers

Wednesday, January 8, 2025 · Massachusetts Institute of Technology
A pick-to-zero strategy is an order-picking method where shipments are received, put away, picked, and shipped out on the same day. When adding in network design changes, the benefits result in increased product freshness and lower daily shipment costs.

Raw material shortages have abated, but some lingering issues remain

Tuesday, January 7, 2025 · Jason Miller
Raw material shortage issues differ across manufacturing industries and while they have eased in some sectors, they remain elevated above pre-COVID levels for a number of sectors.

Increased semiconductor M&A presents challenges for supply chain professionals

Tuesday, December 3, 2024 · Tammy Max
As more mergers take place in the semiconductor industry, customers need to carefully track data such as product identification numbers that can change at the manufacturer level, adding a layer of confusion.

Integrating inventory into air vs. ocean international transportation modal choice strategies

Wednesday, September 4, 2024 · Tan Miller and Emmanuel Peters
The decision to ship products via air or ocean requires more information than just a cost analysis of the two modes—it involves using inventory carrying cost and inventory investment data to make a sound choice.

Why we can’t ignore inventory rightsizing in industrial sectors

Tuesday, July 16, 2024 · Jason Miller
Bloated inventories were not confined to retail post-COVID, and while the retail sector has brought inventories under control, the industrial sector has not.

Improve stock control and predictability to overcome inventory performance barriers

Friday, June 28, 2024 · Paul Lord, VP Analyst, Gartner
Delivering reliable product supply has only become more difficult in recent years with market challenges. To get back on track, organizations should focus on the development and practice of two performance management disciplines: Stock control for improved predictability…

Can Data Solve Retail’s Goldilocks Problem?

Thursday, January 11, 2024 · Bridget McCrea
Retailers are notorious for either having too much or too little stock, but new technology and data collection may be the answer to getting inventory just right.

Inventory Optimization, It’s Complicated

Monday, November 6, 2023 · Brian Straight
Master the Art of Inventory Optimization in the Post-Pandemic World. Register now for our Webinar!

Retailers Are Ready for Holiday Season

Wednesday, October 25, 2023 · Jeff Berman
Most holiday inventory is already in place, says NRF’s Matthew Shay, as retailers continue to monitor consumer trends.

Instawork Data Shows Supply Chain Rebound Taking Place

Wednesday, July 26, 2023 · Brian Straight
Flexible work platform Instawork says that manufacturers are increasingly looking for workers in a positive sign for the supply chain.
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