Visit Our Sponsors
Solution: Using simulation, the team was able to evaluate some potential compromises under real-world conditions to find the best solution.
Results: The first suggestion was to share safety stock, but to allocate cycle stock to particular market organizations. This still didn’t provide satisfactory savings, but a second attempt showed that by sharing 25 percent of their cycle stock as well, the market organizations could still get 70 percent of the desired savings.
About the Solution Provider: LLamasoft supply chain design software helps organizations worldwide design and improve their supply chain operations. LLamasoft solutions enable companies across a wide range of industries to model, optimize and simulate their supply chain network, leading to major improvements in cost, service, sustainability and risk mitigation.
Timely, incisive articles delivered directly to your inbox.