The research highlights the ever-increasing struggle to balance tradeoffs across today’s complex supply chains and the growing need for companies to adopt prescriptive analytics solutions in order to support strategic, tactical, and operational supply chain planning and decision support processes.
Let’s use a very simple example. You take your car to the shop and they determine that two of your tires have a tire tread below 2/32″. That’s the legal limit for tires. Past that point, it’s been determined that the risk of accidents, blowouts, hydroplaning, etc. are too high.
At a recent industry conference event, frenemy vendors of Supply Chain solutions lamented how the ongoing battle against the Giants (usually SAP) is real. Many of these vendors started their ventures based on first-hand frustrations. They repeatedly watched multi-million-dollar IT projects fail to deliver, following years of implementation, only to
