September 12, 2014
News
By Hang Shi and Daniele Primavera, MIT SCM Class of 2014
Each point of sale (POS) in a retail supply chain generates a goldmine of demand data. The data can be used to drive upstream decisions, but the amount of time, effort, and cross-team collaboration needed often frustrates such applications.
The MIT CTL researchers developed models to show how a leading CPG manufacturer can use large volumes of POS data to improve supply chain performance.
Supply Chain Management Review