Developed by Goldratt Research Labs
How Best To Achieve Optimal Supply Chain Performance
Simulate your real-world supply chain and scenarios to identify how best to reduce avoidable shortages, surpluses, lead time delays, capacity losses and costs.
Accurately quantify the impact of changes in demand and supply, and compare different strategies & tactics to mitigate or capitalize on such changes.
unmute & Watch the video to learn about Digital Twins and the PPDT
Developed by Goldratt Research Labs
How Best To Achieve Optimal Supply Chain Performance
Simulate your real-world supply chain and scenarios to identify how best to reduce avoidable shortages, surpluses, lead time delays, capacity losses and costs.
Accurately quantify the impact of changes in demand and supply, and compare different strategies & tactics to mitigate or capitalize on such changes.
Organizations, from small businesses to global enterprises, face real-world VUCCA (Volatility, Uncertainty, Complexity, Constraint, and Ambiguity) conditions in their supply chains. Yet, traditional tools, including well-known ERP systems, fail to consider all VUCCA conditions.
Ignoring VUCCA can have severe consequences — crippling production halts, spiraling costs from unexpected stockouts or excesses, and, most critically, eroding customer trust due to inconsistent deliveries and service.
And this is why we developed the Supply Chain Digital Twin. Not only does it allow for powerful simulations that fully consider all VUCCA conditions, but it also helps managers to:
1. Identify Performance Potential: Understand how much better your supply chain can perform.
2. Strategize for Optimal Outcomes: Determine the best ways to increase availability, reduce lead times, and boost cost efficiency.
3. Quantify Changes: Simulate and test the effects of changes in demand or supply and assess how to effectively mitigate or capitalize on these changes.
4. Compare Best Practices: Access and run scenario comparisons with different supply chain management methodologies such as Material Requirements Planning (MRP), LEAN, Theory of Constraints, and Demand-Driven MRP to discover which ones enhance operations and yield superior financial outcomes.
5. Different Strategies for Different Sectors: Identify the best order fulfillment strategy and parameters for every product location.
Without Our Supply Chain Digital Twin
Without Our Supply Chain Digital Twin
With Our Supply Chain Digital Twin
With Our Supply Chain Digital Twin
Our Goal: 10X Return On Investment
Testimonials from past clients show that an investment in our SCDT typically yields a 10x Return On Investment (ROI), and in some cases many times greater. We're confident that many organizations can achieve similar returns.
Should the ROI calculator project a return of 10X or even more, we urge you to contact us immediately. You could be leaving a lot of money on the table, and our SCDT can help you uncover it.
Try our ROI calculator now and discover how much more your organization can earn and save by using our Supply Chain Digital Twin.
SUCCESS STORIES
Results From Using Our Supply Chain Digital Twin
Microsoft's CTO of Global Digital Supply Chains sought a holistic solution for the management of their expansive digital supply chains. The objective was clear: achieve a world-class supply chain capable of mitigating shortages and surpluses, all while enhancing responsiveness with minimal costs and inventory.
They reached out to us to help design, test, and implement a Theory of Constraints (TOC)-based end-to-end Supply Chain Management solution integrated with their SAP system. The core of our approach was a fully self-configurable supply chain simulation (the Supply Chain Digital Twin), offering Microsoft a low-risk method to validate the efficiency and effectiveness of the new TOC rules against their pre-existing SCM practices.
"The outcome has been nothing short of remarkable". Within a record timeframe of just 3.5 months, the comprehensive SCM solution was in full swing. By the end of the financial year:
Facing complexities in their supply chain, Tata Steel Europe struggled with bottlenecks, ineffective decision-making, and constraints, impeding their ability to improve return on investment and service levels.
Working closely with Tata Steel, we crafted:
Scholastic Book Publishing, a leading book distributor, faced a multifaceted challenge. Their expanding depot locations led to a complicated and costly distribution network. Added to this were rising real estate expenses, an aggressive driver market, and concerns about warehouse space utilization due to unpredictable future demand. When two consulting firms suggested the drop-and-hook method and 40-foot trailers, basing their solutions on averaged data, skepticism arose.
To provide a clearer picture, the company turned to us. Using our Supply Chain Digital Twin (SCDT), we simulated the entire supply chain's dynamics, addressing system complexities, constraints, and potential variabilities. Our model enabled the assessment of diverse configurations, giving Scholastic a risk-free tool to foresee the potential impacts of significant changes.
The simulation unveiled that the proposed drop-and-hook method wasn't as cost-effective as estimated. The initially projected $18M in Net Present Value (NPV) was likely to be a negative $5M.
However, our refined approach, backed by the insights from the SCDT model, identified a strategy that promised an NPV of $47M. This strategy was not just about the numbers. The model offered invaluable insights into driver requirements, vehicle needs, and routing intricacies, giving Scholastic a dynamic tool for ongoing strategic refinement.
Create a digital twin in SECONDS from your supply chain data with the SCDT.
The SCDT offers an in-depth preview and validation of your imported data.
With the SCDT, you can create scenarios to analyze different planning and execution rules, evaluate varied supply chain strategies, and understand the impact of unplanned events.
Below are a few examples of scenarios you can create with the Supply Chain Digital Twin.
Discover the impact of various decisions or operational changes on your supply chain's financial and operational performance by simulating different scenarios in the SCDT.
Discover the impact of various decisions or operational changes on your supply chain's financial and operational performance by simulating different scenarios in the SCDT.
After running simulations in the SCDT, dive into the results to understand, decide, and enhance your supply chain strategies and tactics.
After running simulations in the SCDT, dive into the results to understand, decide, and enhance your supply chain strategies and tactics.
Tailored Solutions for Your Supply Chain Challenges
While giants like Microsoft, Tata Steel, and Scholastic have benefited greatly from our services, our core mission is to offer solutions that align with the unique challenges faced by supply chain managers, irrespective of company size.
Click the button below to book a no-obligation, informative call with our CEO, Dr. Alan Barnard. Let's discuss your specific challenges and see how our solution can start to help you get results fast.
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Supply Chain Digital Twin, a product developed by Goldratt Research Labs
All Rights Reserved © 2024
Have a question or want to learn how the Supply Chain Digital Twin can help your company?
Send Us An Email
marketing@goldrattresearchlabs.com
Have a question or want to learn how the Supply Chain Digital Twin can help your company?
Send Us An Email
marketing@goldrattresearchlabs.com
Supply Chain Digital Twin, a product developed by Goldratt Research Labs
All Rights Reserved © 2024