ChainScope: a concept for multi-item multi-echelon models
June 8, 2013
A major development concerning operational management of companies and networks of companies is the concept of Synchronized Base Stock (SBS) policies. This concept has been implemented at Philips Semiconductors, generating 15 million in additional profits annually, for a period of five years. The SBS concept not only enables far more effective operational material management, it also enabled the development of ChainScope, a tool for supply chain optimization. ChainScope determines the optimal control parameters, such as safety times and stocks, and lot sizes, that drive all existing manufacturing planning and control concepts, including MRP and APS systems. ChainScope has been extensively tested in a wide variety of production environments, ranging from process industries, to FMCG, to low volume high tech. ChainScope explains your current operational performance and provides detailed directions for improvement.