... cash-on-hand, loan, interest, and account information, helps inform decision making and design policies, such as those regarding outstanding payments and down payment ratios. With regular information from your supply chain, you can create a supply chain digital twin, and benefit from situational insight for agile operational decision making. ALX details cash flow over time, including: cash on hand loans interest accounts payable accounts receivable payment terms ALX captures the nature ...

... supply chain’s performance. Finally, they understood the optimal shipment quantity of food grain and the ideal number of vehicles required for shipping between warehouses. In the future, NITIE would like to take their analysis further by creating a digital twin or exploring other solution approaches, e.g., machine learning techniques. They are also considering implementing mathematical modeling as well as a multi-objective optimization of the food grain supply chain network. This case study was presented ...

... simulation to better understand the dynamics of the system. After that, you can create a more tailored optimization model based on these insights. To go even deeper in your strategic planning, you can extend the supply chain simulation model into a digital twin — a representation of the actual logistics system. By integrating with the company’s IT infrastructure (ERP, MES, CRM), the technology enables you to predict the behavior and dynamics of a real supply chain to make midterm/short-term decisions....

... stock costs with the need to meet fluctuating consumer demand. In scenarios of low demand, FMCG companies often follow a make-to-stock strategy in readiness for high-demand phases of their product life cycle. Advanced technologies, like supply chain digital twins , enable companies to simulate stock needs and run different FMCG inventory management strategies to optimize stock levels while reducing costs. Integrating strategic sourcing in supply chain and inventory management Aligning strategic sourcing ...

... enables businesses to make informed, valuable decisions. Tools like anyLogistix bridge the gap between theory and real-world application by providing advanced modeling, simulation, and optimization capabilities. These tools allow businesses to build digital twins of their supply chains, test multiple scenarios, and analyze trade-offs in cost, service levels, and risks. Structuring supply chain projects effectively is vital for making efficient, high-quality decisions that drive success. In today’s dynamic ...