RightChain Nodes User Guide
(a) The “Optimization Controls” panel allows you to specify any and all constraints, cost factors, and scenario configurations impacting the solution. Four types of optimization controls are incorporated – “Location Controls”, “Design Parameters”, “Inventory Controls”, and “Transportation Cost Factors”.
(b) “Location Controls” permit the user to configure the scenario based upon (i) whether or not the transportation activity data set includes inbound, outbound, or both directional activities; (ii) the distance points of reference (e.g. ShipTo Lat/Lon, ShipFrom Lat/Lon); and (iii) the default country if one is required.
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(c) “Design Parameters” permit the user to configure the optimization scenario based upon (i) the number of warehouses or distribution centers for consideration; (ii) the “weighting” factor for transportation activity analysis and cost computations; (iii) whether or not to use or require any “pre-defined” locations as candidates for optimization. “Pre-defined” locations may be selected from existing warehouse or DC locations, postal codes, and/or major logistics facilities such as airports or ocean ports. (d) “Inventory Parameters” permit the user to configure the inventory implications of the network optimization scenario requiring (i) the number of days of activity in the core data set, (ii) the current number of inventory days on hand in the network, (iii) the current storage density measured in units of inventory on hand per square foot of footprint, (iv) the percent of on-hand inventory that is safety stock as compared to any other bucket of inventory including lot size, cycle stock, and/or pipeline inventory, (v) the current number of warehouses or distribution centers in the network, and (vi) the current or average inventory investment. (e) “Transportation Cost Factors” permit the user to configure the transportation cost implications of the network optimization scenario including (i) the rate type – universal or rate table; (ii) the universal transportation rate; (iii) the rating unit of measure other than distance; and (iv) the distance unit of measure used for rating.
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RightChain™ Nodes | Optimization Page Navigation | Optimization Control Panel
RightChain™ Incorporated
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