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Ask the Manufacturing Execution Systems (MES) Expert: Scheduling Assistance
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Software Selection Specifics

Asked on Mar 15 2006 5:15:42:000PM

Q

What software programs are available for demand forecasting, economic order quantity (EOQ) and transportation models?

TPS Deol, Delhi, India
AIt always depends on how you apply these functions to determine what applications might help you. Further, as we move into an on-demand world, many manufacturers are tying to get their minimal lot size down to one, so as to represent a true pull environment.

Obviously, this isn?t the case everywhere. Finally, it is worth noting that for those companies using EOQ, it is normally done by them and then plugged into their system, rather than having the system cover all three functions you ask about.

That said, there are a number of applications on the market that calculate EOQ, including products from Sage, Logistics Planning Associates, and Amplexus, among others. There are dozens of applications on the market that support demand forecasting or transportation models, which are easy to find.

As for providing demand forecasting and transportation model functions in the same systems, CAPS Logistics, ILOG and OMI International have applications that provide both.

Meet the expert

Simon Ellis

Research Program Director

In his 15-year career, Ellis has developed specialized knowledge of low-cost sourcing, RFID, data synchronization, lean, Six Sigma, and other supply chain disciplines and technologies.
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