Data analytics
There can be many reasons to optimise your supply chain network design: expansion of your business to new markets or countries, launching a new product line, or a change of suppliers.
Sometimes supply chain networks grow into Rube Goldberg Machines. Warehouses, routes, and processes are added. The whole system still works, but it’s far from optimal. A periodic review of the effectiveness of your supply chain network can increase its efficiency and save companies time and money. So how to go about optimizing your supply chain design?