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    Supply Chain Optimization

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    How can a supply chain be fully optimized? Examples Provided

    © BrainMass Inc. brainmass.com May 20, 2020, 4:04 pm ad1c9bdddf
    https://brainmass.com/business/supply-chain-management/supply-chain-optimization-156945

    Solution Preview

    Optimization solutions are typically part of, or linked to, the company's replenishment systems, so that orders can be automatically generated to maintain the model stock profile. The algorithms used are similar to those used in making financial investment decisions; the analogy is quite precise, as inventory can be considered to be an investment in prospective return on sales.

    Supply chain optimization may include refinements at various stages of the product lifecycle, so that new, ongoing and obsolete items are ...

    Solution Summary

    Optimization solutions are typically part of, or linked to, the company's replenishment systems, so that orders can be automatically generated to maintain the model stock profile. The algorithms used are similar to those used in making financial investment decisions; the analogy is quite precise, as inventory can be considered to be an investment in prospective return on sales.

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