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Anand Nair, PhD, CFPIM
Researcher, educator, consultant, and data scientist working with organizations in manufacturing, healthcare and retail sectors on issues such as inventory management, forecasting, pricing, capacity planning, lean systems, manufacturing planning and control, quality management, contracting, product development, process improvement and technology implementation. Interested in examining ways in which manufacturing and service firms learn, adapt, and self-organize to manage complexity, risk, and relationships inherent in operational, supply chain, and innovation activities. Engaged in investigating how manufacturing and service firms can manage supply and innovation networks by strengthening end-to-end visibility and fostering adaptive strategic and operational behaviors to improve cost, quality, delivery, flexibility, innovation and sustainability performance.
Interests: music, movies, workout, reading, writing, traveling
Recent Activity
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In a recently published article my co-authors and I examine two effects of the quality penalties on an important determinant of health-care quality, namely, continuity of care for ailments targeted (intra-ailment effects) and ailments not targeted (spillover effects) by the... Continue reading
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Cybersecurity is an essential element of supply chain risk management because of the increasing interconnectedness and digitalization of supply chains. As supply chains become more reliant on digital technologies, they also become more vulnerable to cyber threats. Here's why cybersecurity... Continue reading
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Reinforcement learning (RL), a branch of machine learning, is increasingly being applied in operations and supply chain management to optimize decision-making, enhance efficiency, and improve performance. Here are several ways reinforcement learning is being used in this context: 1. Inventory... Continue reading
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Robotic Process Automation (RPA) is revolutionizing sourcing operations by automating repetitive tasks, streamlining procurement processes, and improving efficiency. Here are some use cases of how RPA is being used in sourcing: 1. Vendor Onboarding Use Case: Automating Vendor Registration RPA... Continue reading
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Digital twins, virtual replicas of physical assets, processes, or systems, are transforming the manufacturing industry by providing real-time insights, optimizing operations, and enabling predictive maintenance. Here are some use cases of how manufacturing companies are leveraging digital twins: 1. Predictive... Continue reading
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Capacity planning involves ensuring that a business has the resources it needs to meet current and future demand. Emerging technologies are transforming capacity planning by providing more accurate forecasts, optimizing resource allocation, and enhancing operational efficiency. Here are some key... Continue reading
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Long Short-Term Memory (LSTM) networks are a type of recurrent neural network (RNN) designed to effectively learn and remember long-term dependencies in sequential data. LSTMs address the limitations of traditional RNNs, which struggle with long-term dependencies due to issues like... Continue reading
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AI-driven supply chain planning leverages complex algorithms to enhance efficiency, accuracy, and responsiveness across various supply chain functions. Here’s a detailed explanation of how these algorithms work: Data Collection and Integration The foundation of AI-driven supply chain planning lies in... Continue reading
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Supply chain planning has become increasingly sophisticated with the advent of new technologies. Here are some of the leading technologies being used: 1. Artificial Intelligence (AI) and Machine Learning (ML) AI and ML are at the forefront of modern supply... Continue reading
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In a recently published article, we present the findings of our research that suggests that successfully combating counterfeits requires the attention of a broad collection of organizational functions. It works best with a multilayered strategy encompassing diverse methods and engaging the entire organization and its partners. We recommend that organizations tackle counterfeiting with a cohesive plan for identifying, containing, and preventing it. This comprehensive process means routinely keeping tabs on contract manufacturers and charting how products move through the supply chain. It includes scoping out what is for sale in consumer markets, deploying covert markings, reviewing warranty claims, educating customers, and partnering with key agencies and competitors. Continue reading
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In a recently published article, my co-author and I argue that low-income markets have unique constraints that trigger the co-evolution of innovation and disruption in such markets. When disruptions occur in global supply chains, and in particular, in low-income markets, they spur innovations that may be necessary to address both existing and potential future disruptions. However, such innovations in turn create disruptions to existing supply chains, and they may also create new supply chains. We highlight the unique opportunities and constraints that exist in the low-income market contexts that result in interesting and unique dynamics between innovation and disruption. Further, we identify the mechanisms through which innovation-disruption mutual causality occurs—as well as the boundary conditions for these mechanisms. Continue reading
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According to the 2022 Gartner Supply Chain Technology User Wants and Needs Survey, supply chain organizations are prioritizing (i) increasing productivity and efficiency, (ii) improving resiliency, continuity, risk and security, and (iii) fostering innovation around new operating models and processes. The report presents the following framework for broader strategic supply chain technology themes for 2023. Continue reading
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Source: Kaczorowski, Mikolaj. 2023. A year of innovation in coffee, 2023. Mintel Report. Continue reading
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2022 Gartner’s Annual CFO Survey reports that profitable growth, inflation, and balance sheet health are the top three pressing issues faced by CFOs. These concerns mirror that of the Board of Directors. Cost concerns were primarily related to total labor,... Continue reading
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The Telecommunication and Information Technology Industry has seen a major growth during the six-year period from 2017 to 2022. The industry has grown from $697,958 million to $1,136,645 million. The key technology segments of this industry include: Fiber Optic (Fiber... Continue reading
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The robotics value chain comprises of hardware components, software components, robot manufacturing and robotics as a service. Leaders and challengers in the space of hardware components, software components, robot manufacturing and robotics as a service are as follows: Source: Robotics... Continue reading
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Business deals can mainly take eight distinct forms – Venture Financing, Acquisition, Equity Offering, Debt Offering, Asset Transaction, Private Equity, Partnership, and Merger. Between 2019 and 2022, in terms of volume, venture financing is the dominant form of business deal followed by acquisition, equity offering, debt offering, asset transaction and private equity. Continue reading
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Source: Ask, J.A. and Laseter, T. M. Cost Modeling – A Foundation Purchasing Skill. Continue reading
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Source: https://spendmatters.com/2020/04/06/coronavirus-response-supply-risk-mitigating-and-recovering-from-the-grey-swan-of-covid-19/ Continue reading
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The COVID-19 pandemic’s impacts have been devastating for the global economy, and particularly for manufacturing companies. Many firms were unprepared for a crisis of this magnitude and adapted their operations in an ad-hoc manner. Some of these adaptations were facilitated... Continue reading
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In a recently accepted article, my co-authors and I investigate the impacts of the COVID-19 pandemic and their proactive mediation by adaptive operational decisions in different network design structures in anticipation of and during the pandemic. In generalized terms, we... Continue reading
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I am thankful to the Eli Broad Endowment Fund, my mentors, research collaborators, students, and well-wishers...🙏 Continue reading
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Last month (July 2022) I spent time in an Indian village working with an organization that connects rural communities to solar, water, education, professions and advocacy to help communities and individuals take control of their lives and the well being... Continue reading
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In this post, I cover supply chain and operational issues faced by a small and medium enterprise providing thermal management technology for consumer electronics, lithium batteries, and electric vehicles. I will also allude to actions that are being taken to address supply chain issues. I would be interested in hearing your thoughts on the outlook for small and medium enterprises operating in this space in light of prevailing operational and supply chain challenges. Continue reading