Resilient Supply Chain Optimization

CORE

The CORE initiative focuses on making supply chains more secure and resilient to threats such as natural disasters or other major disruptive events.

CORE is a collaborative project involving more than 70 organisations in Europe and the USA, including technology providers and innovators and supply chain and logistics industry partners.

MJC²'s supply chain optimization tools are used to increase resilience, working alongside industry leaders such as Procter & Gamble, European Shippers Council and British Maritime Technology.

Resilient Supply Chain Optimization

Ever-increasing pressure on cost and service level has driven supply chains to be very tightly-connected, with large volumes of freight going through major strategic hubs.

CORE focuses on software tools that allow supply chain operators and shippers to manage and analyse the risk in their supply chain and to develop contingency plans for respond to major disruptions.

Apart from the supply chain optimization systems provided by MJC² CORE is developing many other innovative supply chain resilience and security technologies - please see the CORE website, or watch the summary presentation below.

CORE - Consistently Optimized Resilient Secure Global Supply Chains

Global Benefits

CORE delivers benefits to the all stakeholders in the global supply chain, both for normal operations and in response to major supply chain disruptions:

  • Reduced CO2 and noxious gases emissions by making sure that the greenest (and cheapest) mode of transport is used while still achieving required customer service.
  • Reduced costs by better utilisation of fleets and resources, reducing wasted repositioning movements or empty running for vehicles.
  • Reduced queueing and less congestion on roads by smoothing arrival profiles at hubs and depots (thus increasing network throughput while lowering costs).
  • Reduced buffer stocks along the supply chain network points, thus lowering inventory costs and making the supply chain more agile.
  • Reduced response times to major disruptive events such as emergencies and natural disasters by providing powerful optimization tools that can re-optimize in seconds.

MJC²'s software allows planners and managers to develop contingency plans to increase supply chain resilience, while providing real-time visibility.

The real-time re-optimization software reacts automatically to "normal" events such as delays or cancellations, but can also replan large operations in response to a major disruption such as a natural disaster or political problems.

 

 

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