Supply Chain Design
Supply Chain Design refers to the strategic planning of how products move from suppliers to customers. It involves determining the best locations for factories, warehouses, and distribution centers to optimize efficiency and reduce costs. This process considers factors like transportation, inventory management, and demand forecasting to ensure that products are delivered on time and in the right quantities.
Effective Supply Chain Design also takes into account the relationships between different stakeholders, including suppliers, manufacturers, and retailers. By analyzing these connections, businesses can create a more resilient and responsive supply chain that adapts to changes in market demand and minimizes disruptions.