Optimised supply chains – the influence of accurate forecasting
Supply chains are among the most exciting and complex problems of our time. Why? There are simply too many factors and too many uncertainties involved. The VUCA world ‘at its best’, so to speak. After the extremely expensive pandemic, Houthi militias are currently ensuring that numerous ships are diverted around the Horn of Africa (‘The Cape of Good Hope’, see Fig. 1) instead of passing through the Suez Canal. Tesla has had to temporarily halt production in Brandenburg as a result, and shipments from Asia to Europe are now set to double in price.