Optimization—the key to your supply chain success
What is the optimization piece of supply network optimization?
Optimization is a mathematical method applied to business processes to maximize the impact of decisions. It enables businesses to minimize costs and get the most out of existing resources. For example (as was explored in the opening paragraph), if supply chain planners use the power of optimization to determine the best possible combination of factories and distribution centers to guide a product from start to inish, proits go up, costs down, and eiciency increases.