LLamasoft Rolls Out Reference, Benchmark Data For Supply Chains
ANN ARBOR — LLamasoft, a provider of supply chain design software, announced the release of Data Services, a new offering that provides reference and benchmark data to LLamasoft customers and others in the supply chain design community.
By providing easy access to this data, LLamasoft Data Services enables significant reduction in model building time and validates model outputs against realistic standards.
Modelers spend the majority of their time gathering and reconciling data, and often struggle to populate data for potential networks with new lanes, future demand and potential facilities. LLamasoft designed Data Services to help the supply chain design community build models more quickly with easy access to reference data; validate inputs and outputs against realistic standards; and interpret the benefits of future state scenarios.
Data Services data sets will include mode-specific transportation costs and transit times, facilities cost estimates, demographics, risk metrics, duties and taxes, sustainability metrics and others. Users can access Data Services initially through an Excel macro interface with future direct connections planned to LLamasoft supply chain modeling software such as Supply Chain Guru and Transportation Guru, or through a Web-based interface. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas.
“Our goal with Data Services is to streamline and simplify the model building process so that users can design better supply chain and transportation networks with less time and effort,” said LLamasoft President and CEO Donald Hicks. “Providing quality reference and benchmark data is one more way LLamasoft is demonstrating our continuing commitment to and investment in supply chain design solutions.”
LLamasoft supply chain design software helps organizations worldwide design and improve their supply chain operations. LLamasoft solutions enable companies across a wide range of industries to model, optimize and simulate their supply chain network, leading to major improvements in cost, service, sustainability and risk mitigation. More at www.llamasoft.com.