River Logic provides a business analytics platform, Enterprise Optimizer® (EO), on which a wide variety of business intelligence, performance management, and process improvement solutions have been built.
These solutions strengthen decision support at all levels of the enterprise. Below you can view examples of how some of our partners have employed Enterprise Optimizer® to build Solutions.
Improve hospital performance by optimizing the end-to-end impact of physician line ups, OR block allocations, case mix and resource levels. HEROadvisor™ considers all costs in the way they are incurred by the business, the key constraints (and their impact on costs) and patient mix to provide a unique understanding of current performance and opportunities on the margin. Users can run extensive what-if and optimization analyses as they seek to improve performance and/or react to changing market conditions.
Minimize cost by optimizing the allocation of operating room (OR) time and staff to blocks and/or procedures. Based on process maps for each procedure, staffing requirements and policy constraints, determine the optimal allocation of blocks and procedures to ORs as well as recommended start times. Extend the analysis by considering impact on recovery and PACU utilization.
Identify the optimal transition models to becoming an Accountable Care Organization (ACO) with full knowledge of the potential impact on the organization. Enabled by an integrated, end to end model of the business, evaluate alternative scenarios and support negotiations with Payers, physician groups and other providers. Determine the financial impact, risk exposure and financial requirements that will need to be managed for successful transition.
IBP extends executive S&OP to integrate financials with demand and supply planning as an input, producing a base plan that is optimized to maximum profit without relying on heuristic approximations (such as entering unit cost). IBP helps users identify gaps and opportunities through unique Opportunity Value, profitability and bottleneck analyses. IBP then provides almost unlimited ability to evaluate scenarios, including the optimal demand to pursue, product mix, capacity planning and risk scenarios (e.g. input cost, currency, prices)
CtS enables CPG manufacturers to model the extended manufacturer-retailer supply chain and identify the key drivers of inventory, revenue realization and cost to enable total margin optimization. Manufacturers evaluate the impact of retailer behaviors (e.g. stocking policy, order size, pallet mix) and their service commitments (e.g. frequency, lead times, incentive programs) to understand the net P&L and operational impact on their operations as well as each retailer. Manufacturers can proactively identify and propose win-win scenarios to their retailer partners.
The Water Management Optimisation Suite builds a model of the client’s business in its present state and by using different data sets, Executive teams can then test ‘future world’ scenarios (i.e. not simply taking past activity and projecting forward when the organisation can undergo radical changes into the future). These can accommodate the use of operational models (daily / weekly) to support issues such as sludge tinkering or scarce water allocation, tactical models (monthly / quarterly) to optimise water treatment, optimise energy usage or manage leakage or longer-term strategic scenario planning over a twenty-five year period or longer to optimally allocate capex or manage risk and sustainability.
Of critical importance is the capability to apply multiple objective functions to solve the above challenges from different perspectives. Unlike traditional technologies that may optimise on one criterion e.g. cost optimisation or profit optimisation, the solution suite enables users to optimise on almost any desired function. This could include carbon emissions minimisation or, in the regulated water environment, optimisation of Regulated Asset Value / Regulated Capital Value.
This solution aims to reduce the opportunity cost, increase availability and minimize transport cost for cash notes. It plans and optimizes note sorting, Central Bank Deposits, and Clearance Recommendations by denomination, and deposits and withdrawals from note handling facilities. Supports what-if analysis on resource levels, costs, and alternative demand scenarios. Provides financial statements of cash operations, forward visibility on KPIs, and actual vs. plan performance monitoring.
TPO Planner improves the impact of trade promotion spend by optimizing budget allocation and trade calendars to different business objectives, including market share, revenues, and profit.
The solution makes carbon planning an integral part of the organisation’s daily decision making. The solution includes an accurate and holistic business model of the organisation which identifies all business functions that impact on the carbon footprint. All Capex investment projects and their associated carbon impact implications are built into the model as decision options. The optimisation capability of the technology can then be deployed to determine the optimal answer to key business decisions considering not only the trade-off between operation and financial objectives, but also taking into account carbon emissions as an objective function. Automated and user-friendly dashboards then empower employees throughout the organisation to see the impact of their decisions on the carbon footprint, thus institutionalising a carbon reduction culture
Track, monitor, and forecast the operational and financial impact of on-boarding and serving a customer, including order behavior, freight, warehousing, and cost of logistics. Support flowpath, frequency, pallet configuration and order behavior, and what-if optimization analyses to find win-win opportunities. Establish a communication mechanism between 3PL / 4PL and each customer by providing P&L, KPIs, and detailed cost analysis.
Planning of material flows at various levels – annual, quarterly, and monthly to optimize the financial performance of coal holding across the supply chain. This goal is achieved through integration of planning processes of production, transportation, marketing, and finance within a single model and application of multiple objective functions. User tools to ask what-ifs and analyze and compare the production trade-off, including contingency plans and supplies.
Water is used as an input in most mining processes and therefore, the availability of water affects a mine’s throughput. In addition, water transportation can be expensive especially for mines in desert or high-altitude locations. Mine water optimization allows mines to plan and optimize the use of water, taking into account not only the transportation and storage costs but also its impact on throughput and revenues to understand the best sources, stocking and consumption strategies.
The medical practice management rotation provides a strong foundation in the economics of medicine, finance, workflow, team building and practice optimization. (Associated with Mercer University School of Medicine, Georgia Health Sciences University’s Medical College of Georgia)