Optimisation: Maximising ROI within the supply chain

Authors

• Irvin Lustig, ILOG

Document Type

Discussions (Round Table)

Abstract

Optimisation is the technology employed within a supply chain management system that can have the single greatest impact on reducing costs, improving product margins, lowering inventories, and increasing manufacturing throughput. In short, optimisation is the key to achieving maximum return on investment (ROI). According to John Bermudez of the Boston- based AMR Research, the planning and scheduling modules that depend on optimisation technology have generated 30 to 300% ROI within companies that have already used them1. And the returns should continue to rise. Bermudez called the technology a means to unlock the potential from all of the data residing in ERP... in order to support better management decisions. 

Recommended Citation

Lustig, Irvin (2000) "Optimisation: Maximising ROI within the supply chain," IIMB Management Review: Vol. 12: Iss. 4, Article 6.
Available at: https://research.iimb.ac.in/imr/vol12/iss4/6

Publication Date

12-1-2000

First Page

60

Last Page

64