River Logic Blog

User Review: IBM's CPLEX Optimization Studio Falls Short

After completing a program in predictive analytics and choosing IBM’s SPSS Modeler as the tool of choice, I attended my first IBM conference (IBM Insight) in October 2014. My first priority was to learn more about the SPSS modeling tool.

Sequential Planning is Out. Global Planning is In.

This blog post is the fourth in a series of posts on Integrated Business Planning. This post also builds on the concepts defined in a previous post done by Carlos Centurion on “Moving Along the Analytics Maturity Curve."

What is Constraint-based Modeling?

Every company operates within a large set of constraints, including annual budgets, material purchase contracts, resource capacity, hospital ward space, environmental regulations, customer order contracts, financial reporting regulations and others. While these financial, physical and policy ...

The 4 Foundational Keys to Profitability Analysis

In the first half of our blog series on cost and profitability modeling, "Are You Doing Cost Modeling Right?," we discussed in-depth how the traditional approach to modeling can disservice an organization’s key stakeholders. To support this, we also provided some real-world examples that described ...

Are You Doing Cost Modeling Right?

For both businesses and government/non-profit organizations, shareholders and tax-payers expect managers to make the most out of the money allocated to the organization, as well as any other resources invested.

Integrated Business Planning Requires Systems of Innovation to Drive Value

Gartner’s standard PACE layering approach is very applicable to the Integrated Business Planning space. Gartner defines three layers of systems that are relevant to any domain (which can be seen below in Figure 1): 

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