SUPPLY CHAIN STRATEGY

46 | R i g h t C h a i n ™ for everyone. That’s why we coined the phrase, “ Don’t philosophize, optimize !” Optimization quantifies and translates unique marketplace objectives and constraints and determines a supply chain decision solution for each element of supply chain strategy. We developed our RightChain™ Optimization ToolSuite™ to assist our clients in the on-going optimization of their supply chains. The RightChain™ Optimization ToolSuite™ includes optimization tools that address the major decisions that make up supply chain strategy in customer service, inventory, supply, transportation, warehousing, and the supply chain as a whole. Our RightChain™ Optimization ToolSuite™ has its roots in our optimization tools developed as early as the mid-1980s and it has been successfully used in nearly every major industry in nearly every part of the world. In summary, via optimization RightChain™ quantifies and monetizes marketplace objectives, dynamics, and constraints and yields a supply chain decision solution for each element of supply chain strategy. RightChain™ Objective Functions The RightChain™ uses a menu of objective functions for supply chain decision optimization. They are all forms of