Parametric modelling enabled a retail distributor to explore more than 20 investment scenarios and make a decision on a new site for a cold store in less than a month.
Parametric model enables quick assessment of many options
The retail distributor had four possible sites near the port where a cold storage facility could be constructed. The facility needed to provide various thermal zones, from ambient to refrigerated to frozen, so our assessment included identification of the optimal distribution of these zones.
There was a significant time pressure and many scenarios to be assessed. We designed a parametric solution incorporating all the elements of the scenarios including warehouse size, thermal zones, product volumes and zoning allocations. With our parametric model, we were able to quickly assess all the options and identify the storage area required to handle the expected volume of goods.
It was clear none of the sites under consideration was large enough to provide the necessary storage space and that a cold storage facility was not a feasible solution. However, the containerised option did meet the requirements. With this information, our client had the clarity and insight needed to develop a sound business case for their containerised solution.
- ScopeTo advise whether it's feasible to use a cold containerised solution or a cold storage facility.
- SolutionBoth options were not feasible solutions, but the containerised option did meet the requirements. With this information, the client had the clarity and insight needed to develop a sound business case for their containerised solution.