Optimize supply chain network design to reduce costs

07/9/2013 | IndustryWeek

Companies that want to reduce supply chain costs while improving the quality of their services should consider adopting a supply network design, according to this article. This modeling approach covers end-to-end supply chain cost, including production, purchasing, inventory, warehousing and transportation. Companies should revisit and realign their network design strategies occasionally in order to adapt to changes in business scenarios as well as in regulatory and market conditions, this article says.

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