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Optimization of order and inventory sourcing decisions in supply chains with multiple nodes, carriers, shipment options, and products

jay
2023-02-14
Subhadip Das
2023-02-14

Order sourcing decisions can be defined as the logistics decisions related to how customer orders and internal inventory requisitions are fulfilled: what nodes (warehouses, distribution centers, stores, etc.) the inventory should be sourced from, what carriers should be used to ship it, what shipping options such as priority delivery or airfreight should be chosen, and so on. The quality of order and inventory sourcing decisions directly impacts shipping costs, delivery times, product availability, and other mission-critical business properties and metrics, making it a crucial optimization enabler for many industries, including retail, manufacturing, logistics, and pharmaceutical.

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