July 20, 2020
Build Enterprise Resilience with a Digital Supply Chain ModelThe sudden swings in supply and demand businesses have faced during COVID-19 have made plain all the things that can go wrong in supply chains taxed by prolonged disruption – with many businesses enduring what is perhaps the most challenging single event in collective memory.
But by building a supply chain model – a digital representation of the structure, product flows and policies of a physical supply chain – businesses can prepare for and potentially help mitigate the worst effects of disruptive shifts in supply and demand.
In this article for Logistics Viewpoints, LLamasoft’s Evrim Övünç discusses four areas of risk businesses can address through modeling and analytics.
Read the article below.