The pandemic coupled with war in Ukraine rattled supply chains across all sectors. The upheaval associated with closing or scaling down and then reopening mining operations, often in remote locales, ...

In today’s competitive global economy, forward-thinking companies in asset-intensive industries such as mining understand that parts management and inventory optimization play an important role in an ...

Inventory represents an essential but costly component of service operations, yet too few service management solutions can manage spare parts and van stock alongside scheduling and warehouse ...

Editor's note: The SCM thesis Buffer or Suffer: Dynamic Multi-Echelon Inventory Optimization in Action was authored by Vi Duong and Nic Holwerda, and supervised by Dr. Eva Ponce (eponce@mit.edu). For ...

Just months after snarled supply chains led to widespread inventory shortages, the proverbial pendulum has decidedly shifted to the other side. Now, companies have a different problem. They have ...

The trucking industry is seeing a parts shortage. Although it started with the truck makers having trouble sourcing computer chips and other parts and components for their assembly lines, it is now ...

Companies today face an ongoing balancing act as they try to: • carry enough inventory to respond quickly to customer demand and minimize transportation costs; and • minimize investment in inventory, ...

Due to the global disruption of the pandemic, heated discussions persist around moving from “lean” supply chains that only focus on cost and efficiency, to more resilient and agile supply chains that ...

Inventory optimization is a phrase much used and abused. But ask a supply chain professional, let alone another senior executive, how close to optimal their inventories are and you will either get ...