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Supply Chain Strategy

Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. April 16, 2015. Supply Chain Secret Sauce: Optimization. The first step in optimization is to define the objective function. What is the objective? Suppose this is all I have for the objective. I want to minimize the total logistics costs. That is actually pretty easy. How do you minimize transportation cost? So how did I do? We did great, right? And I don’t have the constraints defined. How am I going to accomplish it? President ...

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Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. April 16, 2015. Supply Chain Secret Sauce: Optimization. The first step in optimization is to define the objective function. What is the objective? Suppose this is all I have for the objective. I want to minimize the total logistics costs. That is actually pretty easy. How do you minimize transportation cost? So how did I do? We did great, right? And I don’t have the constraints defined. How am I going to accomplish it? President ...
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Supply Chain Strategy | supplychainexecutive.blogspot.com Reviews

https://supplychainexecutive.blogspot.com

Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. April 16, 2015. Supply Chain Secret Sauce: Optimization. The first step in optimization is to define the objective function. What is the objective? Suppose this is all I have for the objective. I want to minimize the total logistics costs. That is actually pretty easy. How do you minimize transportation cost? So how did I do? We did great, right? And I don’t have the constraints defined. How am I going to accomplish it? President ...

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1

Supply Chain Strategy: Supply Chain Secret Sauce: Optimization

http://supplychainexecutive.blogspot.com/2015/04/supply-chain-secret-sauce-optimization.html

Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. April 16, 2015. Supply Chain Secret Sauce: Optimization. The first step in optimization is to define the objective function. What is the objective? Suppose this is all I have for the objective. I want to minimize the total logistics costs. That is actually pretty easy. How do you minimize transportation cost? So how did I do? We did great, right? And I don’t have the constraints defined. How am I going to accomplish it? Overcoming...

2

Supply Chain Strategy: September 2008

http://supplychainexecutive.blogspot.com/2008_09_01_archive.html

Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. September 24, 2008. What's a Supply Chain? Second, if you drew lines connecting all the trading partners in a typical supply chain, what you would see would not look anything like a chain. You would see something that looks more like a complex web of links. A chain stretched full is a line. The danger in the choice of the systems. Posted by Edward H. Frazelle, Ph.D. Wednesday, September 24, 2008. Links to this post. 1266 West Pace...

3

Supply Chain Strategy: April 2015

http://supplychainexecutive.blogspot.com/2015_04_01_archive.html

Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. April 16, 2015. Supply Chain Secret Sauce: Optimization. The first step in optimization is to define the objective function. What is the objective? Suppose this is all I have for the objective. I want to minimize the total logistics costs. That is actually pretty easy. How do you minimize transportation cost? So how did I do? We did great, right? And I don’t have the constraints defined. How am I going to accomplish it? President ...

4

Supply Chain Strategy: March 2009

http://supplychainexecutive.blogspot.com/2009_03_01_archive.html

Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. March 01, 2009. Supply Chain Performance Index(TM): THE Supply Chain Super Metric. I have been working in the area of supply chain performance measurement for more than 20 years. The single best indicator for supply chain performance I have developed to date is the total logistics cost per perfect order. We call that the Supply Chain Performance Index (SCPI). Posted by Edward H. Frazelle, Ph.D. Sunday, March 01, 2009. RightChain(T...

5

Supply Chain Strategy: September 2010

http://supplychainexecutive.blogspot.com/2010_09_01_archive.html

Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. September 28, 2010. Get off the Wrong Chain! Think about a typical supply chain including sales, manufacturing, sourcing, transportation, and warehousing. First stop. sales. Let's assume that the sales force creates the forecast and works on commission. What's the worst thing that could happen to a commission sales person? Running out of product. So, guess what kind of forecast they will most likely turn in? Most transportation ma...

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Supply Chain Strategy

Dr Frazelle's counsel, commentary, and tutorials on supply chain strategy. April 16, 2015. Supply Chain Secret Sauce: Optimization. The first step in optimization is to define the objective function. What is the objective? Suppose this is all I have for the objective. I want to minimize the total logistics costs. That is actually pretty easy. How do you minimize transportation cost? So how did I do? We did great, right? And I don’t have the constraints defined. How am I going to accomplish it? President ...

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