Next Generation Logistics (NGL), a supply chain consulting, managed services, and technology company, offers a new release of its comprehensive supply chain optimization planning service, OptiNet Network Optimization. This service is integrated with the company's FreightMaster Transportation Management Suite (TMS) to reduce transportation and distribution costs.
The OptiNet Network Optimization Service uses a sophisticated modeling software tool, which draws on current transportationlane costs from FreightMaster TMS. This information is combined with NGL's analytical expertise to evaluate current, alternative, and green-field network modeling scenarios.
The NGL solutions focus on calculating the minimum overall cost by utilizing manufacturing, co-packer, warehousing, and transportation costs. It also looks at the optimal production quantity by SKU at each manufacturing plant. The software calculates the trade-off between cost and service level and determines the optimal number, size, and location of warehouses. In addition, it provides information on the appropriate allocation of products to different plants and warehouses.
Customers can use this combined service and technology offering on an as-needed basis, such as once a quarter, annually, or as part of a strategic planning process. Graphic reports can quickly demonstrate both the positive and negative cost impacts of alternative network configurations, taking into consideration not only transportation costs but also manufacturing costs, storage costs, and customer demand.
Company: Next Generation Logistics Inc.
Company URL: www.nextgeneration.com