What is Supply Chain Design?
Supply chain design is a working model that outlines the structure and network of a supply chain to estimate the time and costs involved in bringing goods to market. The model allows a business to spot inefficiencies and potential risks in the supply chain, and it helps analyze scenarios and optimize operations to improve costs, service and speed to market.
The key objectives of supply chain design are to reduce inventory, working capital and transportation costs, increase transparency, and identify opportunities for cost savings.
Learn more about the supply chain management and supply chain software solutions offered by GEP.