In the December 2008 issue of Inbound Logistics, Robert A. Malone's column ("Managing Data One Byte at a Time") reminds us of the increasing supply chain data that is now available to us. The article reminds us of three responsibilities we have when in comes to data management: "making sure it's necessary, managing it expeditiously, and using it wisely."
Strategic network design tools, like LogicNet Plus XE, can help make sure you use the data wisely. Traditionally, network design was thought of as an exercise that was done once every several years. But, because of the availability in data, more and more companies are finding value in using LogicNet Plus XE on on-going analysis. When dealing with a large amount of data across your supply chain requires the use of a sophisticated modeling tool to allow you to sort through all of the cost, service, and risk trade-offs, consider all the important variables simultaneously, and find the best solutions for your supply chain.
The on-going analysis could include driving continuous improvement, planning for seasonality, re-aligning territories, and many more activities.
For more information on building your business case for using your supply chain data wisely with on-going use of network design technology, please contact us.