By outsourcing supply chain operations to specialized service providers, organizations can streamline processes, reduce costs, and improve scalability without sacrificing control or visibility.

Every day is a juggling act for multichannel retailers who need to quickly fulfill customer orders for items purchased online, in-store, via supplier warehouses and through other channels. Today’s ...

Inventory management has become not just an operational necessity but a strategic cornerstone that can make or break a ...

Modern supply chain operations present companies with two essential challenges: managing inventory levels properly to prevent excessive and insufficient stock and maintaining production capacity that ...

Editor’s Note: Every year, 40 or so students in the MIT Center for Transportation & Logistics' (MIT CTL) Master of Supply Chain Management (SCM) program complete one-year thesis research projects. The ...

Artificial intelligence is now touching every industry, including retail, and retailers of all sizes are tapping into the ...

Specialty pharmaceutical growth poses unique challenges for hospital pharmacies. Effectively managing these high-cost therapies that often have unpredictable demand requires a different inventory ...

The supply chain industry is undergoing a transformation, thanks to advances in generative artificial intelligence and large language models (LLMs). These cutting-edge technologies are enhancing ...

The Journal of the Operational Research Society, Vol. 66, No. 2 (FEBRUARY 2015), pp. 331-341 (11 pages) We address the problem of how to determine control parameters for the inventory of spare parts ...