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How AI could help us prevent the next global supply chain crisis
As market dynamics become more complex and volatile, successful companies understand the need for resilient supply chain operations as a key competitive advantage. SimFlex is a unique and powerful supply chain network design platform that derisks decisions and enables companies to design, test, and rapidly evaluate robust and efficient value chain solutions. SimFlex can be applied across the planning spectrum to empower long-term strategic decisions.
Superior diagnosis and decision making: Multi-dimensional, quantified, and in-depth analysis to enable regular review of business performance projections and operational processes, supporting sound decision-making.
Increased collaboration: A unified approach that fosters closer business relationships with customers and suppliers, providing visibility and creating a shared understanding across multiple business functions such as finance, procurement, manufacturing, and logistics.
Positive bottom-line impact: Cost savings, increased sales, and competitive advantage through value chain and cost base analysis, improved time-to-market, greater supply chain agility, proactive risk management, and reduced Total Cost of Ownership.
SimFlex is a value chain analysis and planning solution that uses the latest technology to enable companies to evaluate current and projected performance, identify critical trade-offs, and solve business challenges using advanced simulation and optimization technologies.
With cross-functional visibility and consensus, companies can make informed decisions to achieve cost savings and improved service levels. The result is a strategic plan that has optimized inventory across multi-echelon supply chains and increased revenues through enhanced agility, shorter time-to-market, and avoidance of lost sales.
This models and analyzes the value chain platform’s current operating conditions and performance, identifying gaps and prioritizing improvement initiatives. It offers end-to-end value chain modeling capabilities, considering factors like demand fluctuations, lead time variations, and currency exchange rates.
This feature assists companies in analyzing and optimizing their logistics network to minimize costs while meeting serviceability requirements. It considers site location, volume allocation, shipment frequency, and transport modes.
SimFlex provides customizable reports and scorecards, allowing companies to analyze multi-dimensional metrics and assess the environmental impact of their supply chain.
SimFlex analyzes and manages a range of products, optimizing logistics, pricing, and profitability by assessing each product’s performance and market potential.
A Forbes 50 best mid-cap company developing advanced navigation, mobility, manipulation, and AI for robots engaged Flex to help it execute a new supply chain strategy with our SimFlex analysis. This company faced several challenges that needed to be addressed:
To help them address these challenges, SimFlex identified several solutions. We then developed a 3-step plan to be executed over a 2-year timeframe. This plan included the proposal of a second manufacturing site for non-U.S. markets, a centralized in-region hub for inventory and storage, eliminating bulk packaging costs, and vertically integrated manufacturing for mechanical parts. Flex also improved the supply base, bringing closer proximity to the manufacturing sites.
Join the ranks of companies that have partnered with Flex to experience the transformative power of holistic value chain planning. Realize the benefits of cost savings, operational efficiency, and enhanced customer satisfaction. With SimFlex, the future of value chain planning is within your reach.
