Supply chain network design is a powerful modeling tool proven to deliver significant reductions in supply chain costs and improvements in service levels by better aligning supply chain strategies.
However, companies that recognize the importance of the tool often are unable to get the most out of it, assert L.N. Balaji and Sandeep Kumar of ITC Infotech, an IT-services firm.
"The challenge typically lies in selecting the right approach," Balaji and Kumar explain.
For strategies to choose the right network-optimization approach, read "How to Reduce Costs Through Supply Chain Optimization" in sister publication IndustryWeek.