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by Chris Chiappinelli, MA Editorial Staff   | Abstract: | Supply chain simulation tool boosts decision-making acumen. |
| Keywords: | Supply chain simulation tool |
LLamasoft, founded in 1999 to help manufacturers make better decisions about everything from where to locate their facilities to how to arrange their product mix, markets its flagship Supply Chain Guru application as a combination supply network modeling and optimization tool.
Using modeling technology, "you [can] essentially predict the future of a complicated operation before you ever make any mistakes on the plant floor," says Donald Hicks, founder, president, and CEO of LLamasoft.
A manufacturer, for instance, may run a simulation of its 2009 fulfillment performance based on expected demand. Supply Chain Guru allows that company to specify various scenarios — leaning out inventory stocks at the distribution centers, for instance, or increasing supply from 10 to 15 days — and see how those conditions would affect customer service rates, inventory holding costs, and other business metrics.
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