Blog | Milk-Run

Seven Bridges of Konigsberg

In the early 1730’s, mathematician Leonhard Euler was tasked to solve a strange problem. The city of Königsberg in Prussia (now...

Out of Kilter Flow Algorithm and its applications in Supply Chain One of the finest mathematician born in 20th Century D. R. Fulkerson is...

Inventory plays a significant role in supply chain. Traditionally, Inventory management has been a back-end planning function and largely...

In current digital era, more and more companies are facing acute pressure from their suppliers and within the management to implement...

Forecasting with Machine Learning The adoption of big data analytics in demand forecasting is very limited because companies continue to...

Ever wondered what would have been going in the mind of Satoshi Nakamoto when he came up with the concept of Bitcoin and its underlying...

Vehicle Routing Problem (VRP) and its many versions like Vehicle routing with time window (VRPTW) have been challenging subject of...

Turning Lost sales into an opportunity Accurate assessment of demand is the key for product planning, order management and replenishment...

Hierarchical Network Location Models – Hub-and-Spoke formulation Basic Notions of Hierarchical sites Often, Supply Chain Planners are...

Modeling the Supply Chain Supply chain is a network of Vendors (Suppliers), Manufacturers (production facilities), Assembly shops,...