The latest release of IBM’s ILOG LogicNet Plus supply chain design solution helps determine optimal supply chain configurations, sourcing strategies and production plans. It takes into account all cost and constraint variables, whether manufacturing, transportation or warehousing, across multiple tiers of complex networks.
Multi-objective optimization technology enables companies to gain a deeper understanding of the trade-offs between conflicting objectives within their supply chain. It moves from single to two-dimensional analysis, allowing companies to develop better business plans by directly balancing critical objectives.
A company deciding on an optimal number of distribution centers can evaluate the optimal risk point between cost and service levels to understand the exact point of diminishing returns.