Logistics Network Model
New trade agreements, shifting customer and supplier locations, changing labor and freight rates, fuel costs, new products and markets all conspire to […]
New trade agreements, shifting customer and supplier locations, changing labor and freight rates, fuel costs, new products and markets all conspire to […]
Got asked what would happen to inventory when the number of inventory stocking locations change. I thought for a minute and remembered […]
Simulation is the act of imitating or mimicking the behavior of some situation or some process by means of something suitably analogous. […]
Tips for warehouse sizing: Don’t get fooled by “averages” Consider using statistical tools, such as standard deviation, and P.90 probability to analyze […]
Many of you are looking for a correct, comprehensive safety-stock calculation. My company’s approach is based on more than 15 years of […]
Business may be slow now but before you know it you’ll be jammed again. Want to get more done with the folks […]
Why do you think Walmart is asking these questions of their 100,000 suppliers? Can you answer these questions by October 1, 2009? […]
STEP 6: DETAIL AND DO Step 6 details and implements the network plan selected in Step 5. If the purpose of the […]
STEP 5: EVALUATE ALTERNATIVES In Step 5, the planner evaluates the network plans developed in Step 4 by running several alternative scenarios. […]
STEP 4: CREATE SCENARIOS In Step 4, the planner develops scenarios to model various elements of the problem. Each scenario is generated […]
STEP 3: ANALYZE SENSITIVITIES In Step 3, the planner runs the model using optimization software; identifies any infeasibilities, and then troubleshoots. Once […]
STEP 2: DEFINE THE VARIABLES In Step 2 of Simplified SNP, the planner adapts an existing model to the needs of the […]