In our everyday lives, we often navigate uncertainty using a probabilistic approach without even realizing it. Take weather-dependent activities, for instance. When planning your weekend, you might check a 5-day weather forecast, which provides probabilities of rain, sunshine, or cloudy skies. Armed with this information, you make decisions like whether to have a picnic, garden […]

As an industry, linking supply chain planning and execution has been discussed for decades. Why, in 2024 are we still talking about it and what can be done to move in the right direction? The ability to unify key processes is closely tied to making timely, informed decisions – and the speed and quality of […]