The Balancing Act: Lot Size vs. Production Constraints
Understanding and balancing lot size vs production constraints is a common juggling act in supply planning for manufacturers. Learn how to balance them.
Understand the Factors Behind Inventory Accumulation by Optimization Models with No Demand
While working with various optimization models, I often encountered situations where the supply chain optimization model would make decisions to produce items even when there was no demand. This blog discusses different scenarios that led to the optimization models producing and storing excess inventory.
Is Warehousing Imperative to Reduce Logistics Costs?
Logistics costs account for a large portion of final costs. This blog explores whether warehousing can help optimize the logistics process.