The single most important differentiator for River Logic is its proprietary ability to calculate Opportunity Values™. This is essential in the new economic science, known as Integrated Business Planning (IBP).

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 ...

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 ...

Recently, I participated in a conversation with our development team about solution-building. I thought it was important for them to understand a few key points. When providing my thoughts, I also considered development partners and clients currently ...

The key to increasing profitability is to identify which processes in your operations are or may become bottlenecks in the flow of work. Bottlenecks in business are the points where potential changes can have the most dramatic impact on the bottom line. ...

In the first decade of my career, most optimization models that I authored also required one or more scripts. They were necessary to automate tasks such as importing data, setting parameters, solving the model, executing another program (e.g., to crunch ...

When designing an enterprise model for planning purposes — one that accounts for strategic planning, financial planning and operations — several decisions are required. One of the most important is how to define time. The assumption of time definition ...

Last spring in Portland, Oregon, the two primary container shipping companies with regularly scheduled service abruptly stopped calling, partly due to a longshoreman strike at the time. The impact was fast; the fallout substantial. Whereas containers ...

About a decade ago, I would occasionally watch the TV show Good Eats. I’m not a chef; I’m not even much of a cook. I can still burn microwaved popcorn. Truth is, I just enjoyed the science aspect of the show. You might be asking “What does a food show ...

This is the second 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 problem ...