Manufacturers need to continually review their manufacturing footprint strategies to maximize opportunities, minimize risk and optimize their tactics. They need to respond quickly to new concepts and changes in consumer preferences.
Manufacturing network design software focuses on optimizing plant locations, capacity, and product flow paths. It can span what-ifs on internal production optionality versus outsourced production. Since COVID-19, companies need more flexibility and agility in scenario analysis, so they can ensure their networks are resilient to continued disruption. Thus, planners are
In 2020, manufacturing took a huge hit as a result of the constraints around COVID-19. In April 2020, year-on-year output dropped by nearly 20%. Since then, there’s been a dramatic recovery, although November 2020 figures are still 3.7% lower than those from November 2019. On the other hand, the October
Similar to the phrase ‘a guy goes into a bar,’ the concept of delivering profit across the entire product portfolio can seem like a punchline when it comes to rough-cut capacity planning (RCCP). Isn’t rough-cut capacity planning (RCCP) about meeting demand at the lowest cost?
