https://store-images.s-microsoft.com/image/apps.45120.42e786c8-a995-4686-9618-099d0230cb4d.78065032-a9dd-4496-9fdf-d60805925ec4.f12b27cd-1116-405f-9342-861af6151459

allocationplanning

by Inquizity Metanoia

Allocation Planning or Medium Term Planning determines the optimal plan for a specific facility

The planning could include planning for Procurement from Suppliers, Planning for Production (Product-Mix) across Multiple Plants, Planning for Allocation of Products from Plants to Warehouse to Markets and Transportation choice of Products from Plant to Warehouse to Market.

  • Our solution is a Mixed Integer Linear Programming solution; an optimization modelling based decision tool
  • This helps the management of Large / Medium size firms to undertake Medium term Planning of Manufacturing and/or Logistics operations
  • It provides the user with the ability to compare the existing plan with the plan created using the tool to determine how it will increase profits or reduce costs
  • It also includes the capability to determine the period-wise and average utilization level of each resource/equipment/process, the bottleneck resources and their behaviour over time
  • This, in turn, identifies the focus for capacity expansion
  • The Aggregate Planning is done for different objectives functions of such as Cost Minimisation, Contribution Maximisation, Service Level Maximisation
  • Test allocation plans by doing different "what-if" scenarios, and accordingly viewing which can have maximum impact
  • The Planning process also takes into account different constraints that make the solution practical and actionable
  • Being Multiple Time Period, it is also possible to find the optimal inventory levels across multiple time periods such that the overall cost is minimised.

At a glance

https://store-images.s-microsoft.com/image/apps.34971.42e786c8-a995-4686-9618-099d0230cb4d.78065032-a9dd-4496-9fdf-d60805925ec4.62294930-fa2b-4ba3-95ea-4c33a70e17e6
https://store-images.s-microsoft.com/image/apps.10636.42e786c8-a995-4686-9618-099d0230cb4d.78065032-a9dd-4496-9fdf-d60805925ec4.41bb9e70-b274-4174-807a-58b4937773bb
https://store-images.s-microsoft.com/image/apps.12836.42e786c8-a995-4686-9618-099d0230cb4d.78065032-a9dd-4496-9fdf-d60805925ec4.f7436a83-afe7-42a6-87f3-3b4f6dd32086