Executive Briefings

Next Generation Logistics Issues New Release of OptiNet Product

Next Generation Logistics, Inc. has released OptiNet Network Optimization, its planning service for supply-chain optimization. OptiNet is integrated with the vendor's transportation-management suite, FreightMaster TMS. The modeling software draws on current transportation lane costs from FreightMaster. The information is supplement by NGL's expertise in evaluating various network modeling scenarios. According to NGL, the service looks to generate a minimum overall cost calculation using costs related to manufacturing, co-packing, warehousing and transportation. It also determines optimal production quantity by SKU at each manufacturing plant; the trade off between cost and service levels; the optimal number, size and location of warehouses, and the appropriate allocation of products to different plants and warehouses. The combined service can be used by customers on an as-needed basis, such as quarterly, annually or as part of the client's strategic planning process. Graphical reports show the positive and negative cost impacts of alternative network configurations.
http://www.nextgeneration.com

Next Generation Logistics, Inc. has released OptiNet Network Optimization, its planning service for supply-chain optimization. OptiNet is integrated with the vendor's transportation-management suite, FreightMaster TMS. The modeling software draws on current transportation lane costs from FreightMaster. The information is supplement by NGL's expertise in evaluating various network modeling scenarios. According to NGL, the service looks to generate a minimum overall cost calculation using costs related to manufacturing, co-packing, warehousing and transportation. It also determines optimal production quantity by SKU at each manufacturing plant; the trade off between cost and service levels; the optimal number, size and location of warehouses, and the appropriate allocation of products to different plants and warehouses. The combined service can be used by customers on an as-needed basis, such as quarterly, annually or as part of the client's strategic planning process. Graphical reports show the positive and negative cost impacts of alternative network configurations.
http://www.nextgeneration.com