Product of the Week / Supply Chain News / eSupply Chain

Damco Unveils Supply Chain “Missing Link”

A new network optimization tool enhances end-to-end supply chain management, says Damco.

November 27, 2012

“A more quick, thorough and holistic approach to supply chain design and optimization is key to operate in a world of constant change”, commented Erling Johns Nielsen, Global Head of Supply Chain Development at Damco. His comments followed a company announcement that Damco’s new network optimization tool will offer improved end-to-end supply chain management.

“You can have the best supply chain concept in the world,” said Erling Johns Nielsen, “however, without being able to adapt to change while having access to experienced supply chain professionals located close to your supplier and customer base, who can implement and execute the change on a daily basis, you will not reap the full benefits.”

Earlier in 2012, Damco launched the Damco Dynamic Flow Control, which it says deals with the hassle of constant changes on the demand and supply side without adding cost, time, and complexity.

The new optimization tool is the strategy part of Damco Dynamic Flow Control, the company announcement explained. A prerequisite for supply chain excellence is that you can evaluate supply chain performance and simulate different options very quickly while understanding implications to cost, service levels, lead time and capacity and then translate those findings into specific actions on a day-to-day level, the company said.

“These change projects used to take several months”, said Erling Johns Nielsen. New tools combined with Damco Dynamic Flow Control ensures that it takes much less time to simulate the impact of the change, design new business rules and subsequently roll out the solution across all stakeholders involved in the supply chain. This is really a missing link in many supply chains”, he concluded.

As part of the solution, Damco has signed a contract with Llamasoft, a provider of network design and optimization software, which adds “Supply Chain Guru” to Damco’s array of tools.


 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

KC SmartPort Momentum

Kansas City SmartPort Momentum 2013 focused on 3PLs, the issues facing the industry, and the role or logistics in economic development

Podcasts

 

Calculating a true landed cost for global sourcing directly correlates with the profitability of purchased goods. However, few companies can command real-time visibility in to all the costs involved for cross border movements. In this podcast, World Trade 100 and Amber Road highlight how a comprehensive global trade platform that converges both logistics and compliance costs can deliver true landed cost visibility.

 

Speaker: Hung Lee, Senior Product Manager, Amber Road

More Podcasts

THE MAGAZINE

World Trade 100 Magazine

april cover wt100 2014

2014 April

Check out the April 2014 edition of World Trade WT100, featuring articles on fueling changes for trucking plus much more!

Table Of Contents Subscribe

Supply Chain Disruptions

Which are the most common causes of disruptions in your supply chain?
View Results Poll Archive

WT100 STORE

world-class-warehousing.gif
World-Class Warehousing and Material Handling, 1st Edition

Filled with proven operational solutions, it will guide managers as they develop a warehouse master plan, one designed to minimize the effects of supply chain inefficiencies as it improves logistics accuracy and inventory management - and reduces overall warehousing expense.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Use our interactive maps to locate service providers across North America.Interactive Map

Logistics Development Partners 

IWLA Members

STAY CONNECTED