Title: Advanced planner and optimizer
|Date:||November 8, 2015|
|Length:||3 / 842|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
This has intensified the need to reduce our costs and improve customer satisfaction in order to compete and maintain a competitive advantage in a very price sensitive market.
Analyzing our current situation, we can see that our profit margins have been declining in the past three years due to company wide operational inefficiency...
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Our distribution costs have been increasing because of the high inventories we carry in the warehouses; we are constantly having oversupply or shortages in our raw materials making it difficult to negotiate lower prices with suppliers; and we have been scheduling shorter production runs, thus incurring in high set up costs...
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