MORe: Service Examples
Examples of the types of questions MORe can help organisations answer are:
- What safety stock should we hold at each of our warehouses?
- Which product lines should we manufacture at each of our plants so as to minimise overhead expenses without blowing out other costs?
- How should our daily delivery routes be planned so as to minimise transportation cost while still retaining quality of service for our customers?
- What should our distribution network look like?
- Our company relies heavily on particularly capital intensive pieces of equipment: when should we plan to maintain, upgrade or replace this equipment?
- What is the right pricing structure for our range of products?
- Our people are our business: how can we plan shifts and construct rosters for staff so as to provide best service for our customers, while keeping our staff happy with their work schedules?
- We need to cut customer orders from stock lengths of material: what is the most efficient way to do this?
- The success of our business relies on packing items into containers: how can we do this quickly and efficiently?
- As a lending organization, how should we asses our clients risk of default, and how can we best anticipate and manage that risk?
These are just a small number of selected examples of the types of issues MORe can help address, by bringing to bear techniques such as simulation, linear programming, queueing theory, integer programming, or any of the spectrum of mathematical tools now available to help organisations manage the complexities of operating in an increasingly competitive and lean environment. |