COVID-19 has exposed the inherent vulnerabilities in supply chains. With COVID-19, major parts of the world continue to impose social distancing and unpredictable lockdowns, leaving many organizations unable to decide on a reasonable course of action. Reason: today’s supply chains are extremely complex. Over the last few years, supply chains have been…

The adoption of technology in the Manufacturing Industry has been slow, but steady. Technology adoption has been relatively faster when it has helped improve productivity, boost quality, and reduce costs. Industry CXOs are convinced that IT has a major role to play in manufacturing, but less than 30 percent of manufacturers have adopted…

Missing data present significant challenges to trend analysis of time series. Straightforward approaches consisting of supplementing missing data with constant or zero values or with linear trends can severely degrade the quality of the trend analysis, which significantly reduces the reliability of the trend analysis. …