--- title: River Logic Blog | Prescriptive Analytics Blog | Eric Kelso description: Eric Kelso is Vice President of Product Management for Enterprise Optimizer at River Logic. He has over two decades experience building and implementing prescriptive analytics optimization software, and has successfully completed more than 50 major projects in the discrete, process manufacturing and consumer packaged goods industries. --- ### Get in Touch [![logo](https://download.riverlogic.com/hs-fs/hubfs/logo.png?width=3153&height=398&name=logo.png "logo")](http://riverlogic.com) [![logo-hover](https://download.riverlogic.com/hs-fs/hubfs/logo-hover.png?width=3153&height=398&name=logo-hover.png "logo-hover")](http://riverlogic.com) - [Solutions](http://www.riverlogic.com/solutions) - [Capacity Planning](https://download.riverlogic.com/solutions/capacity-planning) - [Commodity Trading & Logistics](https://download.riverlogic.com/solutions/commodity-trading-and-logistics-optimization) - [Product Mix & Customer Profitability](https://download.riverlogic.com/solutions/product-mix-customer-profitability) - [Production Planning](https://download.riverlogic.com/solutions/production-planning-and-scheduling) - 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[Contact Us](https://download.riverlogic.com/contact-us) - [Our Board](https://download.riverlogic.com/board-of-directors) - [Our Leadership](https://download.riverlogic.com/leadership) - [Careers](https://download.riverlogic.com/careers-current) - Get in Touch Get in Touch [![Get in Touch](https://no-cache.hubspot.com/cta/default/484375/8a2efec4-88ad-40a3-bc49-91f4a5e57e38.png)](https://cta-redirect.hubspot.com/cta/redirect/484375/8a2efec4-88ad-40a3-bc49-91f4a5e57e38) Chart Toppers [7 Steps: How to Reduce Costs Through Supply Chain Network Optimization](https://download.riverlogic.com/blog/7-steps-how-to-reduce-costs-through-supply-chain-network-optimization) [(Read More)](https://download.riverlogic.com/blog/7-steps-how-to-reduce-costs-through-supply-chain-network-optimization) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#SupplyChainNetworkDesign,](https://download.riverlogic.com/blog/topic/supply-chain-network-design) [#SupplyChainNetworkOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-network-optimization) [#SupplyChainAnalyticsSoftware](https://download.riverlogic.com/blog/topic/supply-chain-analytics-software) [mailto:?subject=7%20Steps:%20How%20to%20Reduce%20Costs%20Through%20Supply%20Chain%20Network%20Optimization&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2F7-steps-how-to-reduce-costs-through-supply-chain-network-optimization](mailto:?subject=7%20Steps:%20How%20to%20Reduce%20Costs%20Through%20Supply%20Chain%20Network%20Optimization&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2F7-steps-how-to-reduce-costs-through-supply-chain-network-optimization) Chart Toppers [Selecting the Best S&OP Software: 7 Tips for Success](https://download.riverlogic.com/blog/selecting-the-best-sop-software-7-tips-for-success) The disruptive impact of COVID-19 has put new emphasis on the importance of integrated sales and operational planning (S&OP) software for managing supply chains. This well-established technique helps supply chain management focus on crucial ...[(Read More)](https://download.riverlogic.com/blog/selecting-the-best-sop-software-7-tips-for-success) [#S&op,](https://download.riverlogic.com/blog/topic/sop) [#DemandPlanning,](https://download.riverlogic.com/blog/topic/demand-planning) [#SalesAndOperationsPlanning,](https://download.riverlogic.com/blog/topic/sales-and-operations-planning) [#SupplyChainPlanning,](https://download.riverlogic.com/blog/topic/supply-chain-planning) [#SupplyChainSoftware](https://download.riverlogic.com/blog/topic/supply-chain-software) [mailto:?subject=Selecting%20the%20Best%20S&OP%20Software:%207%20Tips%20for%20Success&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fselecting-the-best-sop-software-7-tips-for-success](mailto:?subject=Selecting%20the%20Best%20S&OP%20Software:%207%20Tips%20for%20Success&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fselecting-the-best-sop-software-7-tips-for-success) Chart Toppers [Understanding Supply Chain Resilience & What COVID-19 Taught Us About It](https://download.riverlogic.com/blog/understanding-supply-chain-resilience-and-what-covid19-taught-us) While the U.S. economy is showing signs of a slow recovery with private employers adding around 428,000 jobs in August, the impact of COVID-19 on national supply chains will be felt for a long time.[(Read More)](https://download.riverlogic.com/blog/understanding-supply-chain-resilience-and-what-covid19-taught-us) [#Sustainability,](https://download.riverlogic.com/blog/topic/sustainability) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#Covid-19,](https://download.riverlogic.com/blog/topic/covid-19) [#SupplyChainResilience,](https://download.riverlogic.com/blog/topic/supply-chain-resilience) [#SupplyChainAgility](https://download.riverlogic.com/blog/topic/supply-chain-agility) [mailto:?subject=Understanding%20Supply%20Chain%20Resilience%20&%20What%20COVID-19%20Taught%20Us%20About%20It&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Funderstanding-supply-chain-resilience-and-what-covid19-taught-us](mailto:?subject=Understanding%20Supply%20Chain%20Resilience%20&%20What%20COVID-19%20Taught%20Us%20About%20It&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Funderstanding-supply-chain-resilience-and-what-covid19-taught-us) Chart Toppers [Supply Chain Resilience vs. Flexibility, Sustainability, & More](https://download.riverlogic.com/blog/supply-chain-resilience-vs-flexibility-sustainability-more) COVID-19 has demonstrated the need for supply chain resilience; the ability to bounce back and adapt to disruptive change. But is resilience the only or primary requirement, or are there other factors to consider such as flexibility, sustainability, ...[(Read More)](https://download.riverlogic.com/blog/supply-chain-resilience-vs-flexibility-sustainability-more) [#Sustainability,](https://download.riverlogic.com/blog/topic/sustainability) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#SupplyChainAnalytics,](https://download.riverlogic.com/blog/topic/supply-chain-analytics) [#SupplyChainResilience,](https://download.riverlogic.com/blog/topic/supply-chain-resilience) [#SupplyChainAgility](https://download.riverlogic.com/blog/topic/supply-chain-agility) [mailto:?subject=Supply%20Chain%20Resilience%20vs.%20Flexibility,%20Sustainability,%20&%20More&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fsupply-chain-resilience-vs-flexibility-sustainability-more](mailto:?subject=Supply%20Chain%20Resilience%20vs.%20Flexibility,%20Sustainability,%20&%20More&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fsupply-chain-resilience-vs-flexibility-sustainability-more) Chart Toppers [Supply Chain Cost Optimization: You'll Fail If You Don't Do It Right](https://download.riverlogic.com/blog/supply-chain-cost-optimization-youll-fail-if-you-dont-do-it-right) Supply chain costs account for a significant percentage of final product cost. Apart from actual raw material costs, logistics can account for anything between 5% and 50% of total product cost, depending on where products are sourced, their value ...[(Read More)](https://download.riverlogic.com/blog/supply-chain-cost-optimization-youll-fail-if-you-dont-do-it-right) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#SupplyChainAnalytics,](https://download.riverlogic.com/blog/topic/supply-chain-analytics) [#SupplyChainPlanning,](https://download.riverlogic.com/blog/topic/supply-chain-planning) [#CostOptimization](https://download.riverlogic.com/blog/topic/cost-optimization) [mailto:?subject=Supply%20Chain%20Cost%20Optimization:%20You'll%20Fail%20If%20You%20Don't%20Do%20It%20Right&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fsupply-chain-cost-optimization-youll-fail-if-you-dont-do-it-right](mailto:?subject=Supply%20Chain%20Cost%20Optimization:%20You'll%20Fail%20If%20You%20Don't%20Do%20It%20Right&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fsupply-chain-cost-optimization-youll-fail-if-you-dont-do-it-right) Chart Toppers [A New Trend Has Emerged in Supply Chain: Creating Immersive Experiences](https://download.riverlogic.com/blog/a-new-trend-has-emerged-in-supply-chain-creating-immersive-experiences) Virtual reality (VR) and associated technologies such as augmented reality (AR) and mixed reality (MR) are slowly moving into the mainstream. For a long time, interest in this technology was mainly focused on gaming experiences, but as it has ...[(Read More)](https://download.riverlogic.com/blog/a-new-trend-has-emerged-in-supply-chain-creating-immersive-experiences) [#SupplyChainAnalytics,](https://download.riverlogic.com/blog/topic/supply-chain-analytics) [#SupplyChainExecution,](https://download.riverlogic.com/blog/topic/supply-chain-execution) [#VirtualReality,](https://download.riverlogic.com/blog/topic/virtual-reality) [#ArtificialIntelligence,](https://download.riverlogic.com/blog/topic/artificial-intelligence) [#MixedRealityExperience](https://download.riverlogic.com/blog/topic/mixed-reality-experience) [mailto:?subject=A%20New%20Trend%20Has%20Emerged%20in%20Supply%20Chain:%20Creating%20Immersive%20Experiences&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fa-new-trend-has-emerged-in-supply-chain-creating-immersive-experiences](mailto:?subject=A%20New%20Trend%20Has%20Emerged%20in%20Supply%20Chain:%20Creating%20Immersive%20Experiences&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fa-new-trend-has-emerged-in-supply-chain-creating-immersive-experiences) Chart Toppers [What Is the Difference Between Optimization Modeling and Simulation?](https://download.riverlogic.com/blog/what-is-the-difference-between-optimization-modeling-and-simulation) Engineers have used models for decades to help them understand processes and determine optimal solutions. Sometimes models are created so designers discover answers to specific design problems, and in other circumstances, they’re used to simulate ...[(Read More)](https://download.riverlogic.com/blog/what-is-the-difference-between-optimization-modeling-and-simulation) [#Optimization,](https://download.riverlogic.com/blog/topic/optimization) [#ModelingSoftware,](https://download.riverlogic.com/blog/topic/modeling-software) [#OptimizationModeling,](https://download.riverlogic.com/blog/topic/optimization-modeling) [#Simulation,](https://download.riverlogic.com/blog/topic/simulation) [#SupplyChainSimulation](https://download.riverlogic.com/blog/topic/supply-chain-simulation) [mailto:?subject=What%20Is%20the%20Difference%20Between%20Optimization%20Modeling%20and%20Simulation?&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fwhat-is-the-difference-between-optimization-modeling-and-simulation](mailto:?subject=What%20Is%20the%20Difference%20Between%20Optimization%20Modeling%20and%20Simulation?&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fwhat-is-the-difference-between-optimization-modeling-and-simulation) Chart Toppers [Supply Chain Simulation: What You Need to Know in 2020 & Beyond](https://download.riverlogic.com/blog/supply-chain-simulation-what-you-need-to-know-in-2020-beyond) The idea of simulating a process in order to understand how it works goes back many centuries. However, it was only with the development of advanced programming languages that it really became practical to simulate something as complex as a supply ...[(Read More)](https://download.riverlogic.com/blog/supply-chain-simulation-what-you-need-to-know-in-2020-beyond) [#Optimization,](https://download.riverlogic.com/blog/topic/optimization) [#SupplyChain,](https://download.riverlogic.com/blog/topic/supply-chain) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#SupplyChainModeling,](https://download.riverlogic.com/blog/topic/supply-chain-modeling) [#Simulation,](https://download.riverlogic.com/blog/topic/simulation) [#SupplyChainSimulation](https://download.riverlogic.com/blog/topic/supply-chain-simulation) [mailto:?subject=Supply%20Chain%20Simulation:%20What%20You%20Need%20to%20Know%20in%202020%20&%20Beyond&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fsupply-chain-simulation-what-you-need-to-know-in-2020-beyond](mailto:?subject=Supply%20Chain%20Simulation:%20What%20You%20Need%20to%20Know%20in%202020%20&%20Beyond&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fsupply-chain-simulation-what-you-need-to-know-in-2020-beyond) Chart Toppers [Could A Second Wave of COVID-19 Ruin Manufacturing for Good?](https://download.riverlogic.com/blog/could-a-second-wave-of-covid-19-could-ruin-manufacturing-for-good) While everyone is heaving a sigh of relief now that the COVID-19 pandemic seems to be more under control, many experts are warning that a second wave is likely. At this stage, it's not clear if these fears will materialize, or even how severe a ...[(Read More)](https://download.riverlogic.com/blog/could-a-second-wave-of-covid-19-could-ruin-manufacturing-for-good) [#SupplyChainManagement,](https://download.riverlogic.com/blog/topic/supply-chain-management) [#SupplyChain,](https://download.riverlogic.com/blog/topic/supply-chain) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#Covid-19,](https://download.riverlogic.com/blog/topic/covid-19) [#SupplyChainRisk](https://download.riverlogic.com/blog/topic/supply-chain-risk) [mailto:?subject=Could%20A%20Second%20Wave%20of%20COVID-19%20Ruin%20Manufacturing%20for%20Good?&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fcould-a-second-wave-of-covid-19-could-ruin-manufacturing-for-good](mailto:?subject=Could%20A%20Second%20Wave%20of%20COVID-19%20Ruin%20Manufacturing%20for%20Good?&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fcould-a-second-wave-of-covid-19-could-ruin-manufacturing-for-good) Chart Toppers [The Five Biggest Supply Chain Challenges of 2020](https://download.riverlogic.com/blog/the-biggest-supply-chain-challenges-of-2020) COVID-19 continues to disrupt world economies, even in countries that have the pandemic under control. Additionally, despite pressure to get the economy back up and running, ongoing uncertainties, lack of consumer confidence and supply chain ...[(Read More)](https://download.riverlogic.com/blog/the-biggest-supply-chain-challenges-of-2020) [#SupplyChainManagement,](https://download.riverlogic.com/blog/topic/supply-chain-management) [#SupplyChain,](https://download.riverlogic.com/blog/topic/supply-chain) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#Covid-19,](https://download.riverlogic.com/blog/topic/covid-19) [#SupplyChainRisk](https://download.riverlogic.com/blog/topic/supply-chain-risk) [mailto:?subject=The%20Five%20Biggest%20Supply%20Chain%20Challenges%20of%202020&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fthe-biggest-supply-chain-challenges-of-2020](mailto:?subject=The%20Five%20Biggest%20Supply%20Chain%20Challenges%20of%202020&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fthe-biggest-supply-chain-challenges-of-2020) Chart Toppers [Coronavirus and Supply Chain Leaders: 9 Must-Know Threats](https://download.riverlogic.com/blog/coronavirus-and-supply-chain-leaders-9-must-know-threats) Coronavirus COVID-19 is a fast-spreading illness caused by the SARS-CoV-2 virus. The flu-like illness causes coughing, fever and shortness of breath and, in some cases, potentially deadly pneumonia. People in poor health and the elderly seem to be ...[(Read More)](https://download.riverlogic.com/blog/coronavirus-and-supply-chain-leaders-9-must-know-threats) [#RiskManagement,](https://download.riverlogic.com/blog/topic/risk-management) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#SupplyChainPlanning](https://download.riverlogic.com/blog/topic/supply-chain-planning) [mailto:?subject=Coronavirus%20and%20Supply%20Chain%20Leaders:%209%20Must-Know%20Threats&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fcoronavirus-and-supply-chain-leaders-9-must-know-threats](mailto:?subject=Coronavirus%20and%20Supply%20Chain%20Leaders:%209%20Must-Know%20Threats&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fcoronavirus-and-supply-chain-leaders-9-must-know-threats) Chart Toppers [Online Consumer Shopping Trends and Supply Chain Technology](https://download.riverlogic.com/blog/online-consumer-shopping-and-supply-chain-technology) Online sales for consumer packaged goods (CPG) have been growing at a fast pace. For those not entirely sure about CPG, this market segment includes packaged personal and household products such as food, beverages, cosmetics, cleaning and reading ...[(Read More)](https://download.riverlogic.com/blog/online-consumer-shopping-and-supply-chain-technology) [#SupplyChainManagement,](https://download.riverlogic.com/blog/topic/supply-chain-management) [#SupplyChain,](https://download.riverlogic.com/blog/topic/supply-chain) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#Cpg,](https://download.riverlogic.com/blog/topic/cpg) [#ConsumerPackagedGoods,](https://download.riverlogic.com/blog/topic/consumer-packaged-goods) [#SupplyChainPlanning](https://download.riverlogic.com/blog/topic/supply-chain-planning) [mailto:?subject=Online%20Consumer%20Shopping%20Trends%20and%20Supply%20Chain%20Technology&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fonline-consumer-shopping-and-supply-chain-technology](mailto:?subject=Online%20Consumer%20Shopping%20Trends%20and%20Supply%20Chain%20Technology&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fonline-consumer-shopping-and-supply-chain-technology) Chart Toppers [Prescriptive Analytics Software: Here’s What You Need to Know](https://download.riverlogic.com/blog/prescriptive-analytics-software-heres-what-you-need-to-know) The term prescriptive analytics was coined by IBM in 2010 with the launch of their ILOG CPLEX Optimization Studio, one of the earlier solver programs on the market. While early efforts at this form of analytics were limited by the need to hardcode ...[(Read More)](https://download.riverlogic.com/blog/prescriptive-analytics-software-heres-what-you-need-to-know) [#PrescriptiveAnalytics,](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [#Optimization,](https://download.riverlogic.com/blog/topic/optimization) [#OptimizationSoftware,](https://download.riverlogic.com/blog/topic/optimization-software) [#ModelingSoftware,](https://download.riverlogic.com/blog/topic/modeling-software) [#PrescriptiveAnalyticsSoftware](https://download.riverlogic.com/blog/topic/prescriptive-analytics-software) [mailto:?subject=Prescriptive%20Analytics%20Software:%20Here’s%20What%20You%20Need%20to%20Know&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fprescriptive-analytics-software-heres-what-you-need-to-know](mailto:?subject=Prescriptive%20Analytics%20Software:%20Here’s%20What%20You%20Need%20to%20Know&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fprescriptive-analytics-software-heres-what-you-need-to-know) Chart Toppers [What to Know About Capacity Planning In The New Era Of Digital](https://download.riverlogic.com/blog/what-to-know-about-capacity-planning-in-the-new-era-of-digital) Everyone knows about capacity planning, or at least the majority of business owners believe they do. The problem is that conventional approaches to planning capacity are no longer adequate. Market volatility, increased competition and rapidly ...[(Read More)](https://download.riverlogic.com/blog/what-to-know-about-capacity-planning-in-the-new-era-of-digital) [#Manufacturing,](https://download.riverlogic.com/blog/topic/manufacturing) [#CapacityPlanning,](https://download.riverlogic.com/blog/topic/capacity-planning) [#SupplyPlanning,](https://download.riverlogic.com/blog/topic/supply-planning) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#RoughCutCapacityPlanning,](https://download.riverlogic.com/blog/topic/rough-cut-capacity-planning) [#Planning](https://download.riverlogic.com/blog/topic/planning) [mailto:?subject=What%20to%20Know%20About%20Capacity%20Planning%20In%20The%20New%20Era%20Of%20Digital&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fwhat-to-know-about-capacity-planning-in-the-new-era-of-digital](mailto:?subject=What%20to%20Know%20About%20Capacity%20Planning%20In%20The%20New%20Era%20Of%20Digital&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fwhat-to-know-about-capacity-planning-in-the-new-era-of-digital) Chart Toppers [Top 11 Supply Chain Trends You Need to Know in 2020](https://download.riverlogic.com/blog/top-supply-chain-trends-you-need-to-know-in-2020) 2019 has come and gone, and it's time to look at the latest supply chain trends for 2020. Many exciting things are happening as supply chain executives respond to changes arising from the availability of Big Data, supply chain digitization and ...[(Read More)](https://download.riverlogic.com/blog/top-supply-chain-trends-you-need-to-know-in-2020) [#SupplyChain,](https://download.riverlogic.com/blog/topic/supply-chain) [#SupplyChainExcellence,](https://download.riverlogic.com/blog/topic/supply-chain-excellence) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#SupplyChainAnalytics,](https://download.riverlogic.com/blog/topic/supply-chain-analytics) [#SupplyChainPlanning](https://download.riverlogic.com/blog/topic/supply-chain-planning) [mailto:?subject=Top%2011%20Supply%20Chain%20Trends%20You%20Need%20to%20Know%20in%202020&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Ftop-supply-chain-trends-you-need-to-know-in-2020](mailto:?subject=Top%2011%20Supply%20Chain%20Trends%20You%20Need%20to%20Know%20in%202020&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Ftop-supply-chain-trends-you-need-to-know-in-2020) Chart Toppers [How to Select the Best Supply Chain Optimization Software](https://download.riverlogic.com/blog/how-to-select-the-best-supply-chain-optimization-software) Effective supply chain management is crucial for successful businesses. Without it, companies are unable to control input costs nor are they able to guarantee reliable delivery of goods and services. Not only is it important to have reliable supply ...[(Read More)](https://download.riverlogic.com/blog/how-to-select-the-best-supply-chain-optimization-software) [#SupplyChainManagement,](https://download.riverlogic.com/blog/topic/supply-chain-management) [#SupplyChain,](https://download.riverlogic.com/blog/topic/supply-chain) [#TradePromotionOptimization,](https://download.riverlogic.com/blog/topic/trade-promotion-optimization) [#SupplyChainOptimization,](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [#ModelingSoftware](https://download.riverlogic.com/blog/topic/modeling-software) [mailto:?subject=How%20to%20Select%20the%20Best%20Supply%20Chain%20Optimization%20Software&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fhow-to-select-the-best-supply-chain-optimization-software](mailto:?subject=How%20to%20Select%20the%20Best%20Supply%20Chain%20Optimization%20Software&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fhow-to-select-the-best-supply-chain-optimization-software) Chart Toppers [6 Big Myths You Need to Know about Prescriptive Analytics](https://download.riverlogic.com/blog/6-big-myths-you-need-to-know-about-prescriptive-analytics) Today, a little more than 10% of mid- to large-size companies are using prescriptive analytics to gain a competitive edge, drive efficiency, reduce costs, and increase profit-driving opportunities. Although the number of businesses that use ...[(Read More)](https://download.riverlogic.com/blog/6-big-myths-you-need-to-know-about-prescriptive-analytics) [#PrescriptiveAnalytics,](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [#AdvancedAnalytics,](https://download.riverlogic.com/blog/topic/advanced-analytics) [#PredictiveAnalytics,](https://download.riverlogic.com/blog/topic/predictive-analytics) [#CitizenDataScientist,](https://download.riverlogic.com/blog/topic/citizen-data-scientist) [#Digitization,](https://download.riverlogic.com/blog/topic/digitization) [#SupplyPlanning,](https://download.riverlogic.com/blog/topic/supply-planning) [#Cpg](https://download.riverlogic.com/blog/topic/cpg) [mailto:?subject=6%20Big%20Myths%20You%20Need%20to%20Know%20about%20Prescriptive%20Analytics&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2F6-big-myths-you-need-to-know-about-prescriptive-analytics](mailto:?subject=6%20Big%20Myths%20You%20Need%20to%20Know%20about%20Prescriptive%20Analytics&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2F6-big-myths-you-need-to-know-about-prescriptive-analytics) Chart Toppers [10 Prescriptive Analytics Examples for the Food and Beverage Industry](https://download.riverlogic.com/blog/10-prescriptive-analytics-examples-for-the-food-and-beverage-industry) Are you wondering why the number of businesses using prescriptive analytics will triple within the next several years? Corporations are ramping up the use of this advanced analytics subset for a good reason. With the ability to compute and leverage ...[(Read More)](https://download.riverlogic.com/blog/10-prescriptive-analytics-examples-for-the-food-and-beverage-industry) [#PrescriptiveAnalytics,](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [#DemandPlanning,](https://download.riverlogic.com/blog/topic/demand-planning) [#CapacityPlanning,](https://download.riverlogic.com/blog/topic/capacity-planning) [#Cpg,](https://download.riverlogic.com/blog/topic/cpg) [#FoodAndBeverage,](https://download.riverlogic.com/blog/topic/food-and-beverage) [#ConsumerPackagedGoods](https://download.riverlogic.com/blog/topic/consumer-packaged-goods) [mailto:?subject=10%20Prescriptive%20Analytics%20Examples%20for%20the%20Food%20and%20Beverage%20Industry&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2F10-prescriptive-analytics-examples-for-the-food-and-beverage-industry](mailto:?subject=10%20Prescriptive%20Analytics%20Examples%20for%20the%20Food%20and%20Beverage%20Industry&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2F10-prescriptive-analytics-examples-for-the-food-and-beverage-industry) Chart Toppers [What is Integrated Business Planning and Why is It Crucial in 2020?](https://download.riverlogic.com/blog/what-is-integrated-business-planning) What is Integrated Business Planning (IBP)? Integrated Business Planning (IBP) is an expanded form of Sales and Operations Planning (S&OP) that spans the end-to-end value chain of a business, and ties strategic, profitability-related objectives ...[(Read More)](https://download.riverlogic.com/blog/what-is-integrated-business-planning) [#IntegratedBusinessPlanning,](https://download.riverlogic.com/blog/topic/integrated-business-planning) [#FinancialPlanning,](https://download.riverlogic.com/blog/topic/financial-planning) [#DemandOptimization,](https://download.riverlogic.com/blog/topic/demand-optimization) [#DemandPlanning,](https://download.riverlogic.com/blog/topic/demand-planning) [#SupplyPlanning,](https://download.riverlogic.com/blog/topic/supply-planning) [#DemandShaping,](https://download.riverlogic.com/blog/topic/demand-shaping) [#SupplyChainOptimization](https://download.riverlogic.com/blog/topic/supply-chain-optimization) [mailto:?subject=What%20is%20Integrated%20Business%20Planning%20and%20Why%20is%20It%20Crucial%20in%202020?&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fwhat-is-integrated-business-planning](mailto:?subject=What%20is%20Integrated%20Business%20Planning%20and%20Why%20is%20It%20Crucial%20in%202020?&body=https%3A%2F%2Fdownload.riverlogic.com%2Fblog%2Fwhat-is-integrated-business-planning) [Industrial Materials Companies](https://download.riverlogic.com/blog/topic/industrial-materials-companies) ### [Industrial Materials Companies in the Supply Chain: Time to Seize the Moment](https://download.riverlogic.com/blog/industrial-materials-companies-in-the-supply-chain-time-to-seize-the-moment) ### [River Logic Can Help Congress Balance the Budget](https://download.riverlogic.com/blog/river-logic-can-help-congress-balance-the-budget) If only Congress would use River Logic… Watching the recent budget negotiations on TV, it is clear to me that Congress is currently grappling with two critically important issues: (1) infeasibilities – and how to avoid them; and (2) opportunity values – ... [Prescriptive Analytics](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [Optimization](https://download.riverlogic.com/blog/topic/optimization) [Global Planning](https://download.riverlogic.com/blog/topic/global-planning) [EO Users](https://download.riverlogic.com/blog/topic/eo-users) ### [Why Simulation is a Must for Optimization-based Scenario Planning](https://download.riverlogic.com/blog/simulation-a-must-for-optimization-based-scenario-planning) In the age of Big Data, corporate leaders have more power at their disposal than ever before. Meanwhile, globalization has increased the number and quality of competitors fighting for the same customers. There is enormous pressure on planners to achieve ... [Optimization](https://download.riverlogic.com/blog/topic/optimization) [EO Users](https://download.riverlogic.com/blog/topic/eo-users) ### [11 Software Requirements for Stochastic Optimization](https://download.riverlogic.com/blog/software-requirements-for-stochastic-optimization) This is the first part of a two-part series on stochastic optimization, defined in Wikipedia as “optimization methods that generate and use random variables. For stochastic problems, the random variables appear in the formulation of the optimization ... [Decision Analysis](https://download.riverlogic.com/blog/topic/decision-analysis) [Optimization](https://download.riverlogic.com/blog/topic/optimization) [Optimization software](https://download.riverlogic.com/blog/topic/optimization-software) ### [Is Your Choice of Optimization Software a Long-term Risk?](https://download.riverlogic.com/blog/choice-of-optimization-software-a-long-term-risk) Well-run organizations continually assess the risk associated with critical internal dependencies and external factors, like the condition of physical assets and security of facilities, as well as exchange rates, government policy, economic cycles, ... [Prescriptive Analytics](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [Big Data](https://download.riverlogic.com/blog/topic/big-data) ### [Prescriptive Analytics: It’s More Than Rules and Big Data](https://download.riverlogic.com/blog/prescriptive-analytics-its-more-than-rules-and-big-data) I recently read Prescriptive models take analytics one step beyond, written by Scott Robinson, Louisville Metro government, and published by SearchBusinessAnalytics. [S&OP](https://download.riverlogic.com/blog/topic/sop) [Prescriptive Analytics](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [Integrated Business Planning](https://download.riverlogic.com/blog/topic/integrated-business-planning) [prescriptive analytics software](https://download.riverlogic.com/blog/topic/prescriptive-analytics-software) [Chemicals](https://download.riverlogic.com/blog/topic/chemicals) ### [­­­­Optimization Modeling and Prescriptive Analytics in Chemicals](https://download.riverlogic.com/blog/optimization-modeling-and-prescriptive-analytics-in-chemicals) This is the first blog post in a series aimed at highlighting important Enterprise Optimizer® (EO) modeling features and uses. All information below is based on an EO model created for a real customer. High-level background description is provided, but ... [Integrated Business Planning](https://download.riverlogic.com/blog/topic/integrated-business-planning) [Scenario Management](https://download.riverlogic.com/blog/topic/scenario-management) ### [Microsoft Office Excel Scenario Manager and Prescriptive Analytics](https://download.riverlogic.com/blog/microsoft-office-excel-scenario-manager-and-prescriptive-analytics) River Logic’s Enterprise Optimizer® and Microsoft Office Excel® have a long and close working relationship. For two decades, EO’s prescriptive analytics-based models have read data from and written data to Excel workbooks. Consistently one of EO’s most ... [Predictive Modeling and Analytics](https://download.riverlogic.com/blog/topic/predictive-modeling-and-analytics) [Integrated Business Planning](https://download.riverlogic.com/blog/topic/integrated-business-planning) [Global Planning](https://download.riverlogic.com/blog/topic/global-planning) [logistics](https://download.riverlogic.com/blog/topic/logistics) ### [8 Data Requirements for Advanced Logistics Planning](https://download.riverlogic.com/blog/8-data-requirements-for-advanced-logistics-modeling) As I began to write about advanced logistics planning, the first thing that popped into my head, literally, was “damn motorcycles.” I’m currently at 35,000 feet, flying home after a couple of weeks with my wife visiting relatives and friends in Thailand. ... [Decision Analysis](https://download.riverlogic.com/blog/topic/decision-analysis) [Optimization](https://download.riverlogic.com/blog/topic/optimization) [Algorithms](https://download.riverlogic.com/blog/topic/algorithms) ### [Monte Carlo Optimization for Beginners](https://download.riverlogic.com/blog/monte-carlo-optimization-for-beginners) The Monte Carlo method is a well-known simulation technique that uses statistical random sampling to solve mathematical problems. In use for about 85 years, many variants exist across a wide range of disciplines. If you're not familiar with these, I ... #### About River Logic We’re on a mission to ensure companies across the globe drive maximum value with every decision they make, no matter how complex. 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