Supply chain design is a working model that outlines the structure and network of a supply chain to estimate the time and costs involved in bringing goods to market. The model allows a business to spot inefficiencies and potential risks in the supply chain, and it helps analyze scenarios and optimize operations to improve costs, service and speed to market.
The key objectives of supply chain design are to reduce inventory, working capital and transportation costs, increase transparency, and identify opportunities for cost savings.
Learn more about the supply chain management and supply chain software solutions offered by GEP.
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
GEP NEXXE is a unified and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artificial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.