Value Maximization and Decision Support
Helping industry members generate more value from their wood basket based on fibre quality, product flow and supply chain agility, implementing value chain concepts at the operational, tactical and strategic levels, and developing decision-support tools driven by market needs.
The Value Maximization and Decision Support (VMDS) area of focus aims to help member companies optimize their value chain and improve decision-making by providing a variety of tools, resources and best practices.
In the area of fibre quality, VMDS offers improved value-based tools to support long-term forest planning. This means more effective silviculture prescriptions and log allocations based on supply chain needs. Researchers are also working toward better stand valuation and segregation or bucking decisions by developing a methodology for using Enhanced Forest Inventory data (EFI) to estimate the wood net value of stands and quantities of end products over large areas.
Other decision-support tools are being designed to improve wood flow efficiency along the value chain. This will improve control of inventory levels and transportation logistics, with benefits including better fibre, lower costs, better customer service, higher truck fill rates, and a smaller environmental footprint.
Significant VMDS initiatives include:
- providing a functional platform to receive data from work done at the Canadian Wood Fibre Centre and eventually information about fibre and wood attributes;
- increasing the reliability of cost and productivity predictions through a functional FPInterface™-EFI data link;
- creating FPInterface-compatible simulation and optimization tools to allocate fibre or to select harvesting areas;
- developing an agile sawmill model focusing on smaller orders of higher value products in response to market demands;
- modelling fibre supply for pulp and paper and identifying the optimal blend to align with customer quality needs.
To promote supply chain agility, VMDS is also working to provide linkages in existing decision-support system tools and to develop new models with the support of the Natural Sciences and Engineering Research Council of Canada Value Chain Optimization (VCO) network. This will improve responsiveness to customer demands and result in more profitable product mixes and a better regional industrial network.