article thumbnail

Supply Chain Design: A Tool to Help Maximize Value

Logistics Viewpoints

If you have been through this process at least once, you already have a good idea of what supply chain design is about: optimization. When most people hear the word “optimization,” they immediately think about minimizing costs. But optimization is much more than that! Let’s continue with this analogy.

article thumbnail

Distribution Network Optimization: Modeling Tools Won’t Give You the Answer

Kane is Able

Distribution network optimization has become a white-hot topic these days as “the Amazon effect” leads businesses to evaluate how quickly they can get products to customers. Warehouse optimization modeling exercises examine the upside of being closer to customers versus the downside of carrying more inventory in more locations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

5 Reasons How RFPs Help in Selecting the Right Logistics Technology Platform For Your Enterprise-Level Business

Locus

More and more companies are looking to digitalization of their end-to-end logistics operations for high efficiencies at optimal costs. Enter the Request for Proposal (RFP): a strategic tool that goes beyond mere vendor selection. Should the solution optimize dispatch for captive fleet, or allow you to leverage an asset-light model?

article thumbnail

Bottom Line: What is the ROI of Supply Chain Network Design Software?

AIMMS

While businesses differ in complexity and size, for this exercise we extrapolated based on these $7.5Bn baselines. We relaxed constraints to allow the model to add (and fund) more distribution centers and also close distribution centers, where they didn’t support an optimized solution. ” – Tweet this. Summing up.

article thumbnail

How Does Your Inventory Optimization Process Compare to Peers?

Are You Betting on the Right Tools to Succeed in 2021? Take it now to see how your inventory optimization process scores and benchmark it against peers. We hope it serves as a thought-provoking exercise to improve your approach! --> The 15-question assessment takes only 5 minutes to complete.

article thumbnail

Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

It was taxing to report above the country level with this tool. This drove us to adopt a better strategic decision-support tool. The main reason was that we were trying to manage our investments as optimally as possible. This was not easy to do with an error-prone tool. This made it prone to error.

article thumbnail

Supply Chain Visibility: A Precursor to Insight and Optimization

CLX Logistics

It is through the establishment of supply chain visibility that supply chain insights, outside the four walls, will be garnered and leveraged as actionable data that supports supply chain optimization. Consider the ways rich data collection can help shape your supply chain towards lower cost and optimal performance.