Most supply chain professionals and planners think of finished goods when they hear attributes. But attributes are present in every part of the supply chain from suppliers to raw materials, to machinery, products and distribution centers.
Many companies say that they want to Optimize Inventory, but they often have different things in mind when they say it.
Intelligence is a relative concept and hard to define. When it comes to number crunching and speed of calculations, machines do much better than humans. By the fact that we attribute the mathematical ability to intelligence, machines must be very intelligent!
Covid-19 has been a good lesson for most companies to bring to surface the vulnerability of their supply chains. However, we have many other events including recent tariffs and trade wars, economic downturn of 2008, and tsunami in Japan.
Thanks to Covid-19 almost every supply chain is being re-examined to become more resilient. But there is only so much you can do! There are external factors over which you have no control such as demand changes, up or down, tariffs or dock worker strikes!
Every plan, at high level or execution level, needs to be accurate enough to project true financial implications. Whether you are doing network design, inventory optimization, S&OP or even S&OE, Adexa solutions enable financial projections at greatest level of accuracy.