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GE Healthcare Deploys LogicTools Network Design to Evaluate Supply Chain Strategies

by Barbara Kram, Editor | February 08, 2006
Chicago - February 7th, 2006 -- LogicTools, a leading developer of supply chain planning solutions, has announced that GE Healthcare has deployed LogicNet Plus, its market leading network design solution.

"GE Healthcare is looking to reduce logistics costs while improving service to its customers," says Sharan Singanamala, Global Architecture Program Manager at GE Healthcare. "Through the use of supply chain optimization to analyze our distribution networks we believe we can become more efficient while providing the same if not better service levels. We selected LogicTools solution since it is the best in the market in terms of ease of use and solver performance."

Using LogicTools solutions, companies like GE Healthcare, with significant international manufacturing interests can reduce costs by better understanding their supply chain structure and the drivers and trade offs that impact their costs. The ability to understand the drivers behind supply chain costs allows companies to fix problems in the supply chain that may not be apparent through analysis of local operations. One typical example is the ability to quantify the impact of changing order frequencies or transportation modes.
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"With the expansion of global manufacturing and off shoring initiatives, leading manufacturers now have three major initiatives - six sigma for reducing variability, lean manufacturing for reducing inventory and network planning to ensure that end to end supply chain requirements are optimized," said David Simchi-Levi, CEO of LogicTools. "As a leader in the first two methodologies it is not surprising to me that GE Healthcare is using our solutions to advance the third initiative."

LogicTools provides solutions that optimize the supply chain by considering the entire network, taking into account production, warehousing, transportation and inventory costs, as well as service level requirements. The LogicTools suite includes LogicNet Plus© for network design, Inventory AnalystTM for strategic inventory positioning and optimization and LogicChain© for multi-site production sourcing.

About GE Healthcare
GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, drug discovery, and biopharmaceutical manufacturing technologies is helping clinicians around the world re-imagine new ways to predict, diagnose, inform and treat disease, so their patients can live their lives to the fullest.