Sourcing Optimization

Sourcing decisions — which suppliers to use, in what volumes, across which periods — have a direct impact on your cost structure and supply reliability. But with multiple suppliers, products, and planning periods, finding the optimal mix is a problem that quickly exceeds spreadsheet capabilities.

Factible Tools optimizes sourcing across your supplier base, incorporating price schedules, minimum order quantities, capacity constraints, and contractual commitments — finding the sourcing plan that minimizes total procurement cost while meeting your requirements.

What questions can you answer?

What's the optimal split between suppliers for each material in each period? How do contractual obligations affect our optimal sourcing plan? What's the cost of single-source versus multi-source strategies? How should we adjust sourcing when one supplier's capacity is constrained?