In recognition of the need for supply chain managers to cut costs and secure a constant, high degree of delivery performance, Damco has announced that it is now offering improved capabilities to optimise the entire end-to-end supply chain.
Based on new technology, Damco will provide customers with a stronger foundation for making decisions about inventory levels and location, distribution, capacity and transportation mode efficiency.
'A more quick, thorough and holistic approach to supply chain design and optimisation is key to operate in a world of constant change,' commented Erling Johns Nielsen, global head of supply chain development at Damco. 'You can have the best supply chain concept in the world. However, without being able to adapt to change while having access to experienced supply chain professionals located close to your supplier and customer base, who can implement and execute the change on a daily basis, you will not reap the full benefits.'
Earlier in the year, Damco launched Damco Dynamic Flow Control, which dealins with constant changes on the demand and supply side 'without adding cost, time, and complexity', the group noted. The new optimisation tool is the strategy part of Damco Dynamic Flow Control.
'These change projects used to take several months,' Erling Johns Nielsen added. 'New tools combined with Damco Dynamic Flow Control ensures that it takes much less time to simulate the impact of the change, design new business rules and subsequently roll out the solution across all stakeholders involved in the supply chain. This is really a missing link in many supply chains.'
As part of the solution, Damco has signed a contract with Llamasoft, a provider of network design and optimisation software, which adds “Supply Chain Guru” to Damco’s array of tools.
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