Barloworld Supply Chain Software, provider of strategic and tactical supply chain solutions to optimise network design, demand and supply planning and inventory management, has announced the launch of its new CAST Flow solution, giving businesses with domestic and international supply chain networks unrivalled agility.
According to the company, the new CAST Flow solution will bring organisations powerful new strategic and tactical tools, enabling them to respond much faster to supply chain disruption or sudden changes in manufacturing.
At present, businesses are often designing their strategic and tactical networks a year or more ahead, making it difficult to re-model an existing design. CAST Flow integrates demand planning and forecasting, enabling organisations to generate a representative short-term model. The sophisticated tool also allows them to run tactical models across the network for a defined product set or single SKU in order to analyse supply, inventory levels and the flow of goods within the constraints of the network.
"The CAST product suite and CAST Flow module help organisations determine flow path strategy and risk-mitigation on an ongoing basis," said Fraser Ironside, director, Barloworld Supply Chain Software. "Developed around the need and use case of complex supply chains and global businesses, we are confident that CAST Flow will benefit the many businesses that require short as well as longer-term planning capability.
Meeting the growing need for improved internal and external supply network visibility, the tactical planning and optimisation tool covers a range of key functions including demand planning, forecasting, segmentation and SKU flow optimisation. This enables users to model a change in forecast or to successfully accommodate sudden disruptions or alterations to customer service commitments on a daily, weekly and monthly basis.
"Used in conjunction with CAST Aurora strategic network design solution, CAST Flow makes businesses more equipped to accommodate short term changes in their end-to-end supply chain operations, as well as mid-to-long term changes in the network" added Ironside.
"This meets a real and pressing requirement in the market. For example, the ongoing congestion plaguing U.S. West Coast ports at present is forcing shippers to re-examine alternative product flows through their supply chains and safeguard against possible shortfalls in product imports. This is a prime example of where the software can help organisations affected respond more strategically and effectively to an unexpected short-term disruption."
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