Last updated on Jul 28, 2024

You're facing supply chain disruptions. How can you adjust your optimization models to adapt?

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Supply chains are the lifelines of global commerce, but they are not immune to disruptions. Whether it's natural disasters, geopolitical events, or pandemics, these disruptions can wreak havoc on the most well-oiled supply chains. As someone involved in operations research, you understand the importance of optimization models. These models help in planning and decision-making by predicting the most efficient way to allocate resources. However, when disruptions strike, the assumptions these models rely on can become obsolete. To maintain operational efficiency, you must adapt your models to reflect new realities. This involves reassessing risk, re-evaluating supplier relationships, and incorporating flexibility into your supply chain.

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