Perspective: How I Learned About Supply Chains from Living in a House with 24 Women

Perspective: How I Learned About Supply Chains from Living in a House with 24 Women

This IDC Retail Insights Perspective details the author's experience in relation to applying supply chain principles to real-life scenarios.

If you had asked me at age 10 what I wanted to do when I grew up, I would have told you I wanted to be an actuary. If you had asked me in high school, the answer would have remained — I was going to be an actuary, take all of the exams, and go on to be a Fellow in the Society of Actuaries. It wasn't until my freshman year of college, after an excruciatingly painful calculus exam, that it even crossed my mind that there were other ways to use math to solve puzzles that could help others. Being a stressed freshman whose whole life plan had just been uprooted, I sought advice from my faculty advisor as well as my peers. Several of them had similarly started as actuarial math majors and found that they loved the hands-on experience that industrial engineering brought to the table.

Please Note: Extended description available upon request.

In This Perspective
Space Allocation
Lead Time
Production Planning
Shipping and Transportation Logistics
Yard Management
Strategic Sourcing and Constraint Optimization
Knowledge Sharing
Labor Planning and Allocation
Promotions' Effects on Demand
History Repeats Itself
Vendor-Managed Inventory
Demand Planning and Forecasting
Reverse Supply Chains
In Reflection
Learn More
Related Research

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