New features include network-modeling and time-phasing tools.
Supply-chain optimization software maker Optiant will announce tomorrow the next iteration of its PowerChain suite.
PowerChain 4.0 sits on top of a companys existing Advanced Planning System and is geared to help optimize inventory based on sales and operations planning while balancing supply-chain needs.
PowerChain 4.0 helps companies to support complex manufacturing environments with fluctuations in business arrangements by providing Web-based software for modeling the various stages in a supply chain, optimizing the configuration based on their unique parameters and evaluating decisions based on needs.
There are three major new functionalities added to 4.0: General Networks, Time Phasing and Multi-Stage Sensitivity Analysis.
General Networks Modeling is a tool that enables the modeling of real-world networks by allowing users to click and drop the structure of their supply chain into a graphic user interface and optimize for optimal amounts of inventory, for example, or where inventory should be stored.
PowerChains time-phasing templates allow users to implement precise inventory strategies that address distinctive performance requirements of each phase of a products lifecycle, as well as during transition phases.
Integration with the underlying APS system allows time phasing in any time bucket, be that daily, weekly or monthly. The time-phasing tool also features built-in intelligence that allows for logical recommendationsin other words, the system will not recommend a plant be open in February, closed in March and re-opened in April, Optiant officials said, in Boston, Mass.
The multi-stage sensitivity analysis allows for service-time or cycle-time optimizations by letting users determine the effect of service or cycle-time reduction strategies like changing internal manufacturing practices or shortening supplier lead-times.
PowerChain 4.0 software ships this week and is available through Optiant and its strategic alliance partners, including PRTM, PricewaterhouseCoopers, The St. Onge Company and Accenture.
When the Chain Snaps
Peregrine Revives B2B Supply Chain Business as Inovis
Ironing Out Supply Chain Wrinkles