Supply chain optimization (SCO) software packages are applications that enable managers and decision makers to develop an optimal supply chain process. SCO software captures data from each activity within the supply chain, and allows decision makers to (a) restructure activities within the supply chain that incur cost, and (b) optimize the use of internal and external resources.
Supply Chain Optimization Software Business Drivers and Benefits
Manage inventory within the supply chain to minimize waste and inefficiencies.
Gather the data in the supply chain necessary to anticipate shortages of products or components—and to take corrective actions.
Schedule production with real-time information to manage resources effectively.
Deliver products or components to the appropriate personnel within the supply chain.
Maximize the efficiency of transportation networks within the supply chain.
Supply Chain Optimization Software Risks
Organizations without supply chain optimization software run the risk of sub-optimal performance, including
non-delivery of components within the supply chain
shortfalls within the transportation network
decrease in scheduling optimization
Why Use the Supply Chain Optimization Software Evaluation Center?
Determine whether a supply chain optimization application will meet your real-world needs.
Evaluate supply chain optimization software packages based on the supply chain structure unique to your organization.
Select a supply chain optimization solution that is robust enough to accommodate unplanned disruptions in your supply chain.
Most Requested Research Related to Supply Chain Optimization
"Your people, [TEC] and your product [TEC's decision support system] allowed Racal to quickly focus on a highly qualified group of suppliers."
- Greg Cruzan, chief technology officer, Racal Instruments Inc.
"I am delighted with the role that TEC has played in our search for the right system... and could not recommend [it] highly enough."
- Sean Reilly, IT manager, Largo Foods
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