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supply chain

logistics
modeling
operations management
statistics
supply chain
visulization

Why Supply Chain Delays are Multi-faceted: A Mathematical Explanations (Without the Heavy Math)

Paul Krugman recently penned an excellent article explaining why we see the supply chain snarls in New York Times. It mentioned a number of factors: The US consumers are...
carbon
climate
energy
EV
history
supply chain
video

EV is not just about making cars. It is about the Supply Chain.

JB Straubel, Tesla co-founder and its former chief technology officer, recently gave an interview, where he warned that some auto manufacturers may have not thought...
history
logistics
supply chain
video

The One and Only Michael Dell

I have seen Michael Dell in person once (that was in Boston), and I have read about him and taught about him and his company many many times. Even though I knew his story by...
logistics
operations management
supply chain

A great article on this thing called “supply chain shortage”

By now, people should have already heard many times the term “supply chain shortage” in various settings: semiconductor chips, ports, airfreights, toilet papers....
data
modeling
operations management
simulation
statistics
supply chain
tutorial
visulization

Simulation: Is demand equal to sales? (Part II, and why is there a Loch Ness Monster?)

In an earlier post, we discussed the difference between demand and sales using a simulation exercise. Now the question is: How can we visualize the difference? To start off,...
analytics
modeling
simulation
statistics
supply chain

Simulation: Is demand equal to sales? (Part I)

Consider the following problem: Suppose at a retail store the annual demand for a toy is a random variable with a normal distribution of N(600, 100), i.e., with mean of 600...
carbon
climate
data
energy
logistics
supply chain
visulization

Carbon foot-printing problem is first of all an information problem

Carbon foot-printing problem is, first of all, an information problem. In a recent report released by World Economic Forum, the first challenge in reducing carbon emission is...
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