While the term algorithm implies complexity, this isn’t necessarily the case, as an algorithm is simply a set of rules used to solve a problem.
At the same time, the Deloitte’s Global Chief Procurement Officer Survey 2019, released in October, shows businesses are increasingly concerned about their vulnerability to growing political and economic risks. Specifically, they are concerned about a possible downturn along with how to handle ongoing trade uncertainty. In this context, Deloitte has
To illustrate the point, a recent paper from Ventana Research on supply chain planning revealed issues that companies using spreadsheet planning have experienced, including:
To make matters worse, many millennials don’t see the supply chain profession as cool, and numerous companies are guilty of undervaluing supply chain professionals. Here are five things to know that can help you respond to these challenges.
