Experience the resilience revolution in supply chain management with our exclusive article. Delve into the intricacies of warehouse design, operational strategies, and risk assessment to uncover the secrets of building a bulletproof warehouse. Through three simulation studies, witness the transformation of warehouse optimization, navigating through strategical, tactical, and operational intricacies for operational excellence. Explore the critical importance of risk analysis and discover how businesses can fortify their warehouses against disruptions, ensuring continuity and profitability. Join us as we present a compelling business case from a multinational consumer goods market, showcasing the power of data-driven decision-making in enhancing warehouse resilience.
Discover the evolution of maintenance strategies, transitioning from reactive approaches to sophisticated prescriptive plans in this insightful article. Delve into the hardware and software essentials at every readiness level, from basic plug-and-play solutions to advanced prescriptive maintenance, leveraging cutting-edge technologies like simulation models, AI, and machine learning. Plug-and-play solutions boast standard sensors with embedded 5G/LTE antennas and software for data gathering, offering advantages such as ease of deployment, cost-effectiveness, and scalability. However, for competitive edges, customized predictive maintenance solutions shine, utilizing tailored machine learning algorithms and AI to enhance decision-making and reduce downtime, albeit with higher upfront costs and longer timelines. Despite challenges, the paper presents a comprehensive business case for implementing advanced prescriptive maintenance in the energy sector, aligning with the traditional Automation Pyramid framework. From on-field sensors to cloud infrastructure and beyond, witness how this innovative approach revolutionizes operational efficiency, minimizing downtime, and optimizing resource utilization to unprecedented levels.
Discover how the dynamic fusion of Make-to-Stock (MTS) and Make-to-Order (MTO) production strategies can be achieved, from theory to practice. Surf any mix of production policies with the support of simulation modeling for seamless management of complexities and impact driven decision support.
