SCM Globe lets you quickly define any supply chain, run it in simulations, and see how well it works. You keep improving the design until you get the best performance. Follow these four steps – it will start to seem like second nature – you will start looking at all supply chains using these four steps:
- Select the area of the world where your supply chain operates or will operate
- Define the Products, Facilities; Vehicles, and Routes that make up your supply chain and drag/drop their icons to place them on the map right where you want them
- Run simulations to see how well the supply chain works; find and fix points of failure
- Profit & Loss Reports plus key performance indicators (KPIs) provide objective measures of supply chain operations and point out areas for improvement.
The four steps are illustrated in screenshots below. Cycle through these four steps as you design or analyze any supply chain.
As you run simulations they can be paused and restarted as needed to investigate specific developments in particular parts of a supply chain. This is especially important during volatile times… such as what’s happening right now with the virus pandemic.
Use SCM Globe for supply chain improvement and risk management projects. Model your company’s actual supply chain (or a competitor’s supply chain).
Run simulations to explore different supply chain options. These are some of the things you can do with your simulations:
- identify likely points of failure and operating risks
- find best distribution center locations;
- reduce transportation costs;
- improve capacity planning and production scheduling;
- adjust inventory levels and delivery schedules to ensure product availability;
- understand supply chain impacts from supply and demand variability.
Apply supply chain best practices and classic supply chain equations such as the ECONOMIC ORDER QUANTITY (EOQ) to improve this supply chain design: Cutting Inventory and Operating Costs. Then run simulations and see what happens. See why “best practices” really are best practices.
Here’s a case study based on work with a real company in Africa that shows what we mean: “S&J Trading Company – Angola”.