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Network Design Empowers Leading Expert in transport logistics to Attain a Highly Efficient Supply Chain Model.
Success Stories
Revolutionize your logistics operations with Translytics' in-house network optimization algorithm, just like the leading Indian logistic service provider did!
Network Design
Network Design Empowers Leading Expert in transport logistics to Attain a Highly Efficient Supply Chain Model.
Summary
Founded in 2013, the company specializes in delivering client-centric logistics solutions with a focus on systematic and process-driven approaches. Its services are particularly geared towards last-mile delivery, which is a vital link in the go-to-market strategies of modern businesses. Despite its expertise, the company faced significant difficulties in aligning logistics between its clients’ manufacturing plants and regional distribution centers through its hubs. They could achieve the following with Translytics’ Hub-Hub optimization algorithm:
INR 12.62+ Lacs/month
Saving through Hub-Hub Optimization
Areas of Focus
As Company facing problems in their network optimization, Translytics’ team collaborated with the them and identified major improvement areas:
- As is Network Analysis
- Gaps Analysis & Areas of improvement in As Is network
- To find out opportunities of Network optimization and reduction of cost of logistics
- Business case showing the saving opportunity in transport optimization
Solution Approach
Using Translytics' in-house Network Optimization algorithm, the team thoroughly examined the customer's current logistics situation. Following a comprehensive analysis, the team recommended a reduction in the number of regional distribution centers (RDCs) and suggested that materials should not be directly transferred from the plant to RDCs, nor should there be transfers between RDCs. Instead, the team suggested maintaining inventory at RDCs based on buffer stock to cater to variations in demand and in-transit days. Furthermore, the Network Optimization algorithm has the ability to simulate multiple scenarios for a specific region, based on operational feasibility.
Impact
- Total possible saving opportunity through Network Optimization 12.62 Lacs per month which is 29% of spend.
- Major saving is in stock transfer ( from plant to Main hub , Hub to RDCs transfer ), as touch points are reduced & FTL shipments are planned
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