Riverlogic Blog

River Logic, Inc. Blog


Avoiding Analysis Paralysis in Prescriptive Analytics

In considering modern business analytics, I was asked recently how connected and dependent all the pieces were.  Specific to prescriptive analytics, is it necessary to have predictive analytics in place to find success in prescriptive analytics?  The answer is a resounding no. The only prerequisite for prescriptive analytics is a high degree of confidence in […]

Read More »
Share |
University of Georgia Leverages EO to Help Small Physician Practices

Several months ago, I was contacted by John Maynard, Assistant State Director at the University of Georgia Small Business Development Center Network – see www.georgiasbdc.org.  John was interested in using Enterprise Optimizer to support new research he and his colleagues were conducting relevant to solo physicians and small medical practices. After completing River Logic’s self-paced […]

Read More »
Share |
Integrated Business Planning and Sustainability

Empirical evidence shows that well-run companies, with happier employees and shareholders, tend to be more environmentally and socially conscious – and more willing to fund sustainability programs.  Well-run companies are also committing to Integrated Business Planning (IBP), the holistic decision-making process leveraging prescriptive analytics to link important strategic, operational and financial planning functions.  They challenge […]

Read More »
Share |
Prescriptive Analytics – Winning in a Competitive Environment

I recently read a new whitepaper I highly recommend for senior business managers, C-level executives, and the strategic consultants that advise them. The paper, written by Tony Hernandez, Kevin Morgan and Dalia El-Sherif, discusses how organizations can leverage advanced analytics to create competitive advantage. The paper is extremely insightful and includes thought leadership around a […]

Read More »
Share |
Journey to Prescriptive Analytics

 Prescriptive analytics like those provided by Enterprise Optimizer (EO) are the holy grail of business analytics.  The ability to develop, deploy, and embed prescriptive analytics in the business has huge long-term cost saving or net income maximization potential for the business.  Much like saving a small amount of time or cost in a manufacturing process […]

Read More »
Share |
Prescriptive Analytics in the Healthcare Provider Industry

Prescriptive Analytics – or Optimization – is a very powerful science.  It started in logistics in the 1940s and has largely remained in the supply chain space.  Until recently, that is.  Every industry has multiple problem areas where optimization could deliver significant value.  As consulting firms, software vendors, visionaries within companies and industry analysts have […]

Read More »
Share |
The Power of Optimizing Demand and Supply Simultaneously

Since we are in the business of Prescriptive Analytics – or optimization – I am often in discussions with partners and customers about current and potential use cases.  Invariably the question comes up: where is the highest value from optimization?  Great question, as optimization has to date mainly been applied in silo functions – whether […]

Read More »
Share |
How to Spot an Opportunity for Prescriptive Analytics (Optimization)

Prescriptive Analytics (Optimization) is a very powerful approach that can deliver significant value strategic, tactical and operational use cases in every industry.  Unfortunately, until now it has also been very hard to develop optimization models and firms have required the use of PhDs and significant education for management.  Nowadays with more advanced tools like River […]

Read More »
Share |
Integrated Business Planning in Coal Mining

One of our partners – GMCS out of Moscow, Russia – recently helped us prepare a case study of a comprehensive EO-based planning solution they recently implemented at a large coal producer.  The client has 30+ mines, produces 100m+ tons of coal per year and sells to 800+ customers.  The solution delivered close to 5% […]

Read More »
Share |
Free your mind for better enterprise planning

I recently read a story about a teacher at an impoverished elementary school in Matamoros, Mexico, who one day told his young students they were free to decide what they wanted to learn and how to spend their time doing it.  His job was to nurture their curiosity, help them when needed, and to provide […]

Read More »
Share |
Page 1 of 812345...Last »