Optimizing the Supply Chain
An optimized supply chain network can greatly improve a company’s competitiveness and profitability. A supply chain consists of suppliers, plants, warehouses, and flows of products from origin to customers. Typically 80% of a product’s landed costs are locked in by the location of a company’s facilities and the determination of product flows between them.
Supply chain network design and optimization is the discipline to strategically determine the optimal location and size of facilities, and the flow through the network, in order to deliver a company’s products to its customers at minimized costs and within the required service level.
With supply chain network optimization, companies can typically expect to reduce long-term transportation, warehousing, and other supply chain costs by 5% to 15%, while improving their service level and operational agility.
Please download the following white paper to learn more about how supply chain optimization is being leveraged in the public and private sector.