Production Planning / Scheduling

Expand Your Production Planning / Scheduling

With River Logic

Production Planning/Scheduling is a short-term process with a horizon of few days to a month where-in plants/resources are allotted orders (forecasted or confirmed customer) to be made based on physical and business constraints. Optimization maximizes performance by considering not only asset utilization and production objectives in scheduling decisions, but also their impact on cost and working capital investments.

Evaluate capacity decisions including production sourcing, shift configurations and use of regular and over-time labor by production lines

Consider trade-offs between capacity, inventory build-ahead, service level and financial performance

Efficiently allocate investments including six-sigma projects, machine re-builds, brownfield and greenfield expansions considering operational impacts (e.g. uptime, throughput, asset flexibility) and financial performance (revenue, profit, NPV)

A Step-by-Step Guide

to Driving Business Impact with Capacity Panning

What can you do with it

Optimally allocate production and labor to different lines

Evaluate the impact of different objectives, such as production, utilization, cost and working capital

Understand the impact of business (policy) constraints on overall performance, including cost implications

Consider complex constraints, such as ratios, sequencing, min-run, max-run, lot sizes, soft constraints with penalties, etc.

Visualize outputs through a Gantt based view of the schedule with information on how the constraints are being adhered to

Quickly generate multiple scenarios to assess trade-offs and react to unplanned circumstances

Unique Value / Impact

Deliver 10-15% reduction in addressable costs (i.e., conversion, inventory)

Produce a feasible and optimal solution with better plan quality for the entire planning horizon than using a rules-based approach at the beginning

Empower production planners to spend more time adding value to the business, and less time managing data and complex equations

River Logic Demonstration