What Does Supply Chain Optimization Mean?
Supply chain optimization is the study of how to optimize a manufacturing or industrial supply chain using strategies and resources. There are various kinds of supply chain optimization that work in different ways to enhance what companies do to move items through the supply chain.
Techopedia Explains Supply Chain Optimization
Some types of supply chain optimization tools are largely predictive, where others may contemplate hypothetical scenarios. In general, supply chain network optimization is often described as a type of optimization based on analyzing hypothetical or “what-if” scenarios.
