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posted Sep 6, 2011, 11:36 AM by Guillaume Barrere   [ updated Sep 14, 2011, 12:09 PM ]
 
After years of conceptualization and development, SCG's supply-chain back-testing engine is ready to reach to the world.

 

 

SCG spokesman today announced new software and services that will transform how supply-chain strategic decisions are taken forever.

 

“We believe that back-testing is a key component of effective supply-chain strategy development.

It is accomplished by reconstructing, with historical data, operations that would have occurred in the past using rules defined by a given strategy.

The result offers statistics that can be used to gauge the effectiveness of the strategy.

Using this data, one can easily optimize and improve their strategies, find any technical or theoretical flaws, and gain confidence in their strategy before applying it to the real world.

The underlying theory is that any strategy that worked well in the past is likely to work well in the future, and conversely, any strategy that performed poorly in the past is likely to perform poorly in the future.”

 

The company introduced an integrated set of tools that provide highly configurable and customizable supply-chain what-if scenarios back-testing capabilities.

 

“With our software and our supply-chain expertise we can help you transform your supply-chain into a formidable cost efficient machine”.

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