You are a manufacturing company and you distribute your products through a 3PL service. You have been squeezing your distribution and transportation costs by bargaining with your 3PL provider year after year. Still you end up with forking out more money than your competitors on your distribution costs. What will you do?
For such a scenario, GoldenEmbryo Technologies have come up with a solution for you. High distribution costs not only eat into your profits, they hinder your growth plans.
Some of the challenges you may be facing includes:
- Distribution Planning is taking at least 1 week and requires input from many people. A lot of effort is required to make these plans.
- By the time the plan is made, it becomes obsolete as initial requirements get changed.
- When any change in plan is required, it is impossible to incorporate these changes in the plan.
- The whole product distribution system looks inefficient.
- Service levels are very low.
- Stock outs are occurring.
- There are many under fill movements of trucks.
- No visibility across the whole distribution system.
- Very difficult to Control distribution system.
- Late orders are creating a lot of problems.
If you are looking for a solution for these problems, then look no further. GoldenEmbryo Technologies has developed a best in its class solution for distribution & transportation which will relieve you of the above mentioned problems. Some of the benefits include:
Some of the benefits include:
- Optimization Engine for distribution & transportation takes less than 5 minutes to create your plans. Planning process using Optimization Engine for distribution & transportation does not require effort by many people as all the laborious work of calculations and estimates is done by the system.
- Every time there is a change in requirements or process, all you have to do is to rerun the plan using Optimization Engine for distribution & transportation. So the plans always reflect the most current situation you are in.
- After implementing Optimization Engine for distribution & transportation, your entire distribution & transportation system will become efficient.\
- After implementing Optimization Engine for distribution & transportation, your service levels can easily reach more than 95% and if your organization is well organized then it can touch 100%.
- After implementing Optimization Engine for distribution & transportation, stock outs can be totally eliminated.
- After implementing Optimization Engine for distribution & transportation, trucks will have optimized load.
- After implementing Optimization Engine for distribution & transportation, there will be total visibility across your supply chain.
- Your entire supply chain will be under control.
- Late orders, change in orders etc. will be taken care of without any effort.
Apart from these direct benefits, there are other benefits which organizations have been discovering after implementing Optimization Engine for distribution & transportation.
Some of these are:
- When Optimization Engine is implemented in an organization where there is already an implementation of any ERP system, Optimization Engine works as the brains behind the business operations whereas the ERP system works as the business enabler.
- Our Optimization Engine software takes care of all sales orders and sales forecasts. It consolidates all sales forecasts made by different sales units as well as the purchase orders; the company receives. Based on this consolidated figure, the company can do any supply chain related planning.
- Our Optimization Engine Software is based on Genetic Algorithm based computation. The plan it generates is the most optimal solution for the given scenario and no other solution can easily beat it.
- Optimization Engine software takes into account stock out cost (loss of order due to unavailability of stock or any problem in delivering the order), inventory cost and transportation cost, raw material costs, human resources costs, inventory costs, machine change over costs and it generates a plan to minimize all of these costs. User has a choice to assign weight age and the software generates the most optimal plan accordingly.
- Optimization Engine software takes into account lead time and other constraints. It takes them into account completely when it generates the most optimal plan.
- Optimization Engine takes into account service levels for items, business units, clients and orders. User has a choice to give weight age to these services levels individually and the software generates the most optimal plan accordingly.
- Our experience shows that even at places like big and reputed multinational companies; the efficiency of their business processes is not optimal even after good implementation of ERP systems. In most cases our software can improve their business processes by at least 10% and it can go even to 50%. This translates to corresponding cost savings for the company.