Remove Exercises Remove Optimization Remove Tools
article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Resolution To address these challenges, companies are seeking comprehensive supply chain planning solutions that can act as a margin multiplier by optimizing resources, managing inventory, and enabling real-time collaboration and visibility across the supply chain network.

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.

Insiders

Sign Up for our Newsletter

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

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.

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

The History of Fleet Route Optimisation in Logistics

Logistics Bureau

So thats the route were taking in this article (no pun intended), we’ll be exploring the evolution of fleet route optimisation from a time-consuming pen-and-paper exercise to a high-tech process that, in some cases, can be completed in minutes. But first, what is route optimisation?