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In cargo logistics, a key performance measure is transport risk, defined as the deviation of the actual arrival time from the planned arrival time. Neither earliness nor tardiness is desirable for customer and freight forwarders. In this paper, we investigate ways to assess and forecast...
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Stockpiling inventory is an essential strategy for building supply chain resilience. It enables firms to continue operating while finding a solution to an unexpected event that causes a supply disruption or demand surge. While extremely valuable when actually deployed, stockpiles incur large...
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In the wake of the COVID-19 pandemic, severe economic damage and product shortages caused by demand surges and supply disruptions have prompted interests in strategies and tools for building resilient supply chains. The recent geopolitical conflicts as well as increased frequency of natural...
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