You're optimizing facility locations for cost savings. How do you maintain operational excellence?

Maintaining operational excellence while optimizing facility locations for cost savings requires a careful balance of strategy and execution. One key aspect is leveraging technology to streamline operations—advanced software can drastically improve efficiency in logistics and inventory management. Additionally, fostering strong local partnerships ensures reliability and can lead to cost-effective solutions without sacrificing service quality. Ultimately, it's about making data-driven decisions that align with both cost objectives and operational goals. Operational excellence shouldn’t be compromised; it should be enhanced through thoughtful optimization.

There are supply chain optimization tools readily available to solve facility location problems. Parameters such as costs, travel times or distances, other parameters defining the constraints, geography etc. can be given as inputs and the tool can recommend the best location(s) to open the facility.