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Best Supply Chain Design Optimization Tools
PUBLISHED ON:
April 19, 2024
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Supply chain executives usually seek new supply chain design optimization tools because they’re tired of dealing with these shortcomings of their current software:
- Network design isn’t a priority: When your supply chain processes are confined to document sharing and traditional servers or computers, you hinder your organization’s flexibility and agility, which are crucial component in a balanced, optimized supply chain design.
- There’s no way to test proposed supply chain designs before implementation: Other supply chain design solutions’ simulation offerings are overly complex and difficult to use. They can’t quickly run simulations because of computing limitations, or they don’t offer discrete event simulation at all. The inability to test supply chain design software is a major disadvantage for companies that need to test potential designs and service levels before implementing them.
- Inability or difficulty performing supply chain site selection: Greenfield analysis balances many factors to help organizations choose the optimal facility locations. Competing site selection software can result in recommendations for putting a facility in a lake, on a mountain, or other areas that simply aren’t realistic. These programs are also slow and require excessive data input.
- Sensitivity analysis just plan doesn’t work: You need to know how your proposed supply chain designs will respond to changes in demand, costs, and more. Historically, this sensitivity analysis is cumbersome and slow. And when you finally gather the required data, the variables you evaluated have already changed.
If you’re experiencing the same frustrations with your current supply chain design software, you don’t have to stay there. Cosmic Frog considers all aspects of a profitable, resilient, balanced network design. Create your free trial Cosmic Frog account today to get started with the fastest, most powerful supply chain design software on the market.
Optilogic Cosmic Frog
Cosmic Frog is the better way to design and optimize your supply chain. The Optilogic solution is 100% SaaS-based, providing easy access and immediate, straightforward collaboration. Our tool uses hyperscaling technology, allowing hundreds of models and scenarios to run in parallel, including automated sensitivity analysis, at the click of a button.
Let’s take a closer look at how Cosmic Frog delivers supply chain design optimization that competing products can’t touch.
Key Feature 1: 200+ Years of Supply Chain Design Experience Working for You
Other tools lack focus on supply chain design. ERP and supply chain planning vendors claim that they have supply chain design capabilities, but their solutions are functionally weak and lack R&D resources compared to the primary solutions sold. These vendors cannot offer deep expertise or talent in network design and support. New feature roadmaps often suffer as a result.
Cosmic Frog is different. We’re an established team of supply chain design experts who set out to build the fastest, most powerful supply chain network design platform on the planet. Because Cosmic Frog is 100% SaaS-based, we can implement new features faster than any other provider.
Optilogic is made up of the people who developed LLamasoft, LogicTools, Barloworld Cast, and other pioneering design solutions. Our team is simply the best and most experienced in the industry, with over 200 combined years of experience designing and implementing design worldwide.
We’ve got the GAS factor (that stands for Give a S#!t) and are passionate about doing whatever it takes to make our customers successful.
Key Feature 2: Eliminate Supply Chain Regret by Testing Designs in Real-World Scenarios
Most supply chain design software falls short on simulation capabilities. In many cases, competitors simply don’t have a simulation engine. If they do, it’s typically extremely complex and difficult to use and is hindered by computing limitations. This is a huge disadvantage for companies that need to test potential designs and service levels before implementing them.
For years, simulation was ignored because of performance and memory requirements. Optilogic has effectively removed those barriers, allowing you to complete simulations at the order and shipment levels using real-world variability. This allows businesses to calculate true service rates for proposed supply chain states before implementing.
Optilogic’s Cosmic Frog supply chain design solution includes a discrete event simulation engine specifically built for modeling complex supply chains—down to the order/SKU level.
Our solution provides a straightforward, data-driven approach for supply chain design. It allows analysts to build models of their networks, simulate the flow of products through a network, and calculate related operating costs, service levels, and other key performance indicators across any timeline: hours, weeks, days, months, and years.
Cosmic Frog simulation empowers you to:
- Set and test inventory policies
- Predict the impact of new product introductions
- Test the impact of altering distribution channels or logistics
- Plan for demand variability
- Verify service levels to ensure you follow through on customer promises
To carry out these simulations in Cosmic Frog, first collect supply chain data and policies on transportation costs, lead times, and inventory levels. This data is the base of the simulation model.
Scenario development comes next. Here you’ll identify what changes you want to make and what aspects of the supply chain those changes will impact.
Last is test execution, when Cosmic Frog runs your simulations and analyzes the results.
Key Feature 3: Efficient, Powerful Greenfield Analysis/Site Selection
Greenfield analyses with other solutions often suggest unrealistic, impractical site selection. The analyses are slow and hinder forward momentum.
Optilogic Greenfield analysis is a simple, fast, and effective way to outline a strategic supply chain network design plan. With Greenfield analysis, companies can
- Improve efficiency and reduce cost by accounting for potential fluctuations in customer demand and their geographic locations, your budget, and even customer service goals.
- Reduce lead times by identifying the optimal locations for distribution centers according to the distance between suppliers and customers and the resources available at each location.
- Boost customer service by optimizing facility locations that can serve customers quickly and efficiently.
- Quickly and easily evaluate growth opportunities for expansion and capital expenditures such as new facilities, mergers, and acquisitions.
Cosmic Frog Intelligent Greenfield Analysis runs 80% faster than competitor solutions and offers capabilities above and beyond traditional greenfield analysis tools. See below what Cosmic Frog can do and how it redefines what greenfield analysis software is meant to be:
Rapidly Autogenerate Many Candidate Locations
Cosmic Frog quickly finds promising areas for new distribution centers. Analysts can then consider candidate locations within a network design optimization run with open/close decisions to determine the best choice.
Model and Trade-Off Fixed Facility and Transport Costs
Cosmic Frog allows you to specify a fixed opening cost for new facilities and a per-distance transportation cost.
Consider Multiple Service Level Bands
You can specify a certain portion of customer demand be served within a specific range. For example, you may specify that 80% of demand must be serviced within 300 miles of a facility, the next 10% within 500 miles, and so on.
Get a Risk Rating on Every Greenfield Scenario Run
Cosmic Frog’s risk engine assigns an OptiRisk score for potential site locations. Understanding potential risk levels helps you make smart decisions that increase supply chain resilience.
Set Capacity Constraints for Existing and Potential Locations
You can specify maximum throughput constraints on distribution centers to limit the amount of outgoing product from each facility.
Define the Number of Facilities to Return
Cosmic Frog gives you a 10,000-feet view of your operations. It collects, organizes, and presents relevant data to help you understand the optimum and specific number of facilities by exploring all possibilities.
For example, use Cosmic Frog Intelligent Greenfield analysis when:
- You’re considering expansion into a new region and need to identify optimal facility locations
- You’re preparing for a major network optimization project and need a quick high-level analysis to guide your efforts
- You’re a 3PL/LSP and need to determine a high-level indicator of what facility locations might look like
To begin your Greenfield analysis, the only data you need is customer location and customer demand. Cosmic Frog uses this information to map out the ideal location for your production and warehousing facilities and distribution centers.
Key Feature 4: Sensitivity Analysis that Actually Works
With competitor solutions, sensitivity analysis is slow and rarely accomplished due to the limitations of desktop solves and complex, difficult to use applications. This means companies lack a crucially important capability to identify the best future supply chain designs and avoid the regret of poor strategic supply chain decisions.
Sensitivity at Scale allows you to automatically create and run hundreds or thousands of sensitivity scenarios at the click of a button.
View the entire solution landscape to pinpoint the exact tipping point of when and how to adjust your supply chain design strategy. This leads to more accurate and efficient design strategies that were previously unattainable.
This is made possible with the power of cloud hyperscaling in 100% SaaS-based Cosmic Frog.
For example, to use Sensitivity at Scale to analyze a near-shoring strategy, begin by using Cosmic Frog to model different scenarios moving supply out of China into Latam and Europe. Then simply click ‘Sensitivity at Scale’ button at the top of your screen. Cosmic Frog will automatically run sensitivities to determine the effect on each scenario if transportation or demand fluctuates.
Signing up for a free Cosmic Frog account takes less than five minutes. Try risk-free and gain instant access to hundreds of templates and resources to get started designing your optimal supply chain right away. Compare Cosmic Frog plans at www.optilogic.com/compare-plans.
Coupa / LLamasoft
Coupa acquired LLamasoft in 2020 and calls its supply chain design solution LLamasoft Supply Chain Modeler. The Coupa offering is a combined desktop and cloud-based solution focused on network optimization, inventory optimization, and simulation.
Following Coupa’s acquisition by Thoma Bravo, supply chain design support and development has diminished, as has Coupa’s in-house supply chain design expertise. Coupa also lacks a full cloud-based solution and risk engine.
Features and Capabilities:
- Desktop supply chain design tool supporting network optimization, inventory optimization, and simulation
- Partial cloud-based modeling solution which often requires hybrid desktop/cloud approach for more complex modeling
- Desktop-based ETL tool
- Cloud-based demand modeling tool and app builder for custom solutions
AIMMS Supply Chain Navigator
AIMMS, headquartered in The Netherlands, offers the SC Navigator network optimization solution. SC Navigator uses a mathematical optimization back end with a scenario analysis-based front end to create supply chain design models. The company also offers products for inventory planning, demand forecasting, and S&OP.
AIMMS has a simple user interface and intuitive, clean mapping features, but lacks simulation and risk analysis capabilities.
Features and Capabilities:
- Cloud-based
- What-if scenario modeling
- CPLEX based solving along with options to use other solvers
- Scenario based inventory planning app to help with analysis of inventory (stock levels, safety stock, etc.)
- S&OP and demand forecasting
GAINS
GAINS, a supply chain planning software provider, acquired the 3 Tenets Optimization (3TO) solution in 2023, a network optimization solution.
Logility
Logility acquired the Starboard supply chain network optimization solution in 2022. Logility’s solution offers basic network design capabilities to answer questions around network optimization, distribution strategy, facility location, and nearshoring/supplier strategy.
The Logility solution has a simple user interface, is easy to use and has some impressive map functionality; however, it may lack feature depth and development priority in a primarily supply chain planning-focused company.
Optimize Your Supply Chain Design for Today and Tomorrow
Your supply chain only serves you if it’s optimized for your organization’s needs. Defining and implementing the best supply chain design for you, today, requires constant optimizing and rebuilding.
Cosmic Frog is the best supply chain design optimization tool on the market. The cloud-based software delivers more horsepower, greater efficiency, continuous data gathering, and one-click scenario modeling to give you the ideal supply chain design for your company at any given time under whatever conditions come your way.
Capitalize on the better way to design your supply chain with Cosmic Frog. Create your free Cosmic Frog account now to get started.