Underlying Technology in Digital Planning Twins From a technology perspective, a Digital Planning Twin is a constraint-based digital representation of an enterprise’s full value chain – including all commercial, operational, and financial components. Its cloud-based architecture ensures security and scalability, while no-code implementation and pre-built templates get businesses up and
A key issue is the need to determine the optimal supply chain strategy for the organization over a 3-to-15-year period considering factors like:
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
Even before the disruption caused by COVID-19, supply chain costs were going up year after year. This rise in supply chain costs is driven by several factors, including:
What many don’t realize is that a significant percentage of their total costs are tied up with the supply chain, especially for those businesses that outsource manufacturing. These include:
