Simulation offers supply chain optimisation
Optimisation is a term that is discussed quite frequently within the supply chain sector, though its full potential is still challenging to realise. Organisations have invested quite heavily in supply chain technology platforms such as ERP systems, warehouse management systems and CRM solutions over the last few decades. To date, many organisations have made considerable gains, though it would be fair to say that the real return on investment has been achieved through efficiency improvements, most organisations are still to recoup their total investment. Although the quality of the arcitecture has also enabled these technology systems to collaborate more seamlessly by managing and exchanging data, there remains much more opportunity for further improvements through the applcation of simulation.
Why simulate your supply chain?
Benefits of supply chain simulation
- Real time operational decision making capability
- Ability to change your supply chain model to support variability
- Dynamic changes resource levels to support demand patterns
- Visual representation provides greater awareness of your supply chain
- Identifies the real cost to serve of a supply chain model
- Change management is improved through virtualisation