TECHNICAL ANALYSIS

analytical tools / technology

Different logistics projects need to be dealt with using different planning and analysis methods. The following lists some methods we used.

Time Study
• Determine the ‘standard time’ in performing specific activities or processes
• Provide useful information in capacity planning and daily operation planning / scheduling

Solution Study
• Assess the feasibility and viability of proposals from operational and financial perspectives and make recommendations
• Assist in identifying a business-sound solutions before committing resources in an investment or interruption to operation

Process Study

Method Study
• Systematically record and critically examine existing and proposed ways of doing work
• It is a means of developing and applying easier and more effective methods and reducing costs

Resources Utilization Ratio
• Determine the utilization of resources of existing system or proposed system by means of scientific methods
• Assist in capacity planning of resources and assessing the efficiency of a system

Buffer Zone Design

Buffer Design
• Determine the amount of buffer resources in the capacity planning in order to meet the demand during the peak period
• This buffer insures the capability to handle peak demand, unexpected issues and reserve for future expansion

Computer Simulation
• Make use of computer programs to mimic real operations with the inclusion of resources and processes
• Provide a test bed to assess the impact on operation performance with varying operating parameters and process flow logics without affecting real operation

Line Balancing
• Allocate resources in different work stations in a parallel operation process to balance the workload among the work stations
• Maximize the productivity level and minimize the idle time of resources

Layout Design
• Arrange the resources and equipments based on their functions and process flow, and travel distance & frequencies among them
• Maximize the flow efficiencies of materials and workers

Operations Research
• Uses mathematical modelling, statistics, and algorithms to arrive at optimal or near optimal solutions or parameter settings to complex problems
• Determine maxima (profit, yield) or minima (loss, risk)

Operation Flow Analysis
• Investigate movement and function of objects or personnel around facilities, area or region
• Focus on relative logical relationship of movements and functions
• Optimize flow efficiency by eliminating redundant steps and simplifying the processes

Critical Path Method
• Determine the critical path activities of a project that delay is not allowed otherwise whole project schedule will be delayed
• Prioritize resources and attention to critical path activities to ensure timely completion of project

Investment Return and Period Calculation
• Determine the ROI (return on investment) and/or payback period of different design options or proposals
• in appraising the financial viability of investment options
• Assist in appraising the financial viability to give a comprehensive evaluation of investment options