The Simulation Solution: Reshaping Supply Chain Strategies
Summary
At the forefront of this new digitally enabled strategy is simulation – a powerful validation, visibility and communication tool for businesses looking to assess automation feasibility, improve network design and optimize distribution centers. Whether a business problem lies in warehouse layout, inventory management, equipment monitoring, network design or process optimization, simulation is a problem-solving tool transforming global supply chains. With an abundance of data in modern operations, it’s important to firstly identify the areas of impact that make a difference, which is why beginning with the problem, not the solution, is crucial to lay the foundation for analysis and simulation. However, the opposite approach can have negative impacts on the supply chain – poorly led companies overanalyze and delay, continually pushing themselves into a tight corner. The difference between looking at changes through a 2D, CAD design lens and an industrial simulation can supply the confidence needed to make a significant business decision which transforms a company’s operating efficiency.