Planning to Review Your Supply Chain Network Design in 2022? Find Your Capability Fit
If you haven’t reviewed your supply chain network considering the upheaval in 2020, you are almost certainly missing out. Almost no business remained unaffected by changes in demand and consumption preferences over the last 12 months. These two changes are the biggest drivers of waste or opportunity in Supply Chain Network Design, as you can see by using our benefits calculator. Supply chains continue to be shaken up and organizations recognize that they need to be more resilient going forward. Building resilience into a supply chain network can be expensive and requires a balancing act between risk mitigation and cost. The scope of change required to assess and design a new network can practically now only be delivered with powerful optimization technology. Read on if you’re looking to evaluate your supply chain network design capability.
The Delivery of Supply Chain Network Design is changing
Annual network design assessments are not adequate going forward. Things are changing too fast and you’ll be too slow to respond to opportunities. A resilient supply chain won’t be delivered with a relatively static periodical review. Instead, it requires an “always on” approach.
This “always on” approach can be delivered with a thoughtful digital representation of your network that is fed and watered at a regular cadence, so diverse optimization scenarios can be delivered every month.
There are now three ways to deliver the “always on” capability:
- Engage with a partner to provide a network design as a service capability that leaves the heavy lifting to the partner, so your team can spend time running optimization scenarios with a well-maintained digital representation. This new option has been growing rapidly.
- Build and train an internal team to use optimization-based network design technology to create and maintain a digital representation of your network.
- Partner with a consulting organization to provide you with network design opportunities on a quarterly basis.
All three delivery routes are valid, but which is the best fit for you? Take our assessment here.
A resilient supply chain won’t be delivered with a relatively static periodical review. Instead, it requires an “always on” approach. – Tweet this
Evaluate supply chain network design software
If you’re interested in evaluating available technologies, watch our 30-minute webinar. It covers the main technologies in the market, with pros, cons and capabilities. This will help you assess when to select what and understand where AIMMS fits. You’ll also get a short demo of our network design application. Watch the recording