Using "dynamic optimization" to manage logistics costs

04/11/2013 | DC Velocity online

Transportation-management systems may not be able to handle situations in which the origins and destinations of shipments are uncertain. This is why companies should consider adopting a technique known as "dynamic optimization," says Brett Cayot of PricewaterhouseCoopers. Software needs to be able to evaluate locations within a supply chain and use that information to minimize logistics costs, he says.

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