Risk Mitigation

Plan for disruptions and reduce risk without sacrificing efficiency and driving up costs

Challenge:

Surprises of all kinds threaten to undermine even the best supply chain designs. And even in times of relative calm, customers want more choices, fast and uninterrupted service, and low pricing. Complete protection of your supply chain from costly disruptions typically means adding capacity and suppliers, shifting to low-cost manufacturing facilities, and increasing inventory. But this also significantly increases supply chain risk and costs. In a high-stakes environment of volatility and constant change, how can you balance supply chain efficiency and risk reduction?

Solution:

The LLamasoft Digital Design and Decision Center enables you to balance risk trade-offs with the ability to model, optimize, and simulate your supply chain network operations. Find the best transportation routes and inventory levels for the current state, then proactively prepare for potential supply chain events. Contingency plans are much easier with the capability to run various “what-if” scenarios associated with future disruptive events. React quickly to new variables, on the shortest of notice, with models that enable you to quickly determine the best response.

  • Build digital models of the end-to-end supply chain so you can quickly redesign and re-optimize when forecasted changes or unplanned events occur
  • Understand sourcing, product flow paths, and revenue impact of disruptions, and products that are single-sourced or have a high concentration or reliance on limited providers
  • React rapidly and intelligently when unplanned events occur, and test various alternative responses rather than guessing or delaying your response
  • Monitor supply chain performance and quickly identify areas of risk or redundancy for deeper analysis

Contingency plans are much easier with the capability to run multiple “what-if” scenarios associated with potential disruptive events. React quickly with the ability to determine the best response fast.

Better insights = proactive decision-making to power innovation

With LLamasoft, you’ll unlock an interconnected intelligence across supply chain functions. Using the industry’s most comprehensive set of powerful analytics and scenario testing, you’ll have the data and insights to make real-world decisions without constraints, enabling support innovation and transformative growth.

Case Study: Identifying Contingency Plans for Risks to Ensure On-Time Deliveries

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