--- title: River Logic Blog | Prescriptive Analytics Blog | Finance description: Finance | The River Logic blog covers industry topics around prescriptive analytics, innovative technologies, manufacturing, energy and more. --- ### 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) [S&OP](https://download.riverlogic.com/blog/topic/sop) [Prescriptive Analytics](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [Financial Planning](https://download.riverlogic.com/blog/topic/financial-planning) [Finance](https://download.riverlogic.com/blog/topic/finance) [Supply Planning](https://download.riverlogic.com/blog/topic/supply-planning) ### [What is S&OP and Why Should Finance Care?](https://download.riverlogic.com/blog/what-is-sop-and-why-should-finance-care) The theory of Sales and Operational Planning (S&OP) goes back many years. In fact, the first attempts at S&OP were made before personal computers were even available. While theory has remained much the same, the practice has changed dramatically ... [Financial Planning](https://download.riverlogic.com/blog/topic/financial-planning) [Finance](https://download.riverlogic.com/blog/topic/finance) [Supply Chain](https://download.riverlogic.com/blog/topic/supply-chain) [CFO](https://download.riverlogic.com/blog/topic/cfo) [Supply Planning](https://download.riverlogic.com/blog/topic/supply-planning) ### [Why Now is the Time for CFOs to Axe the Average Cost Method](https://download.riverlogic.com/blog/supply-chain-cfos-need-to-kiss-average-cost-methods-goodbye) CFOs have long known that businesses aren’t using sound microeconomics when they make decisions…because individual business units within the company aren’t! This practice misrepresents the company’s financial health and reflects poorly on its gatekeeper, ... [Integrated Business Planning](https://download.riverlogic.com/blog/topic/integrated-business-planning) [Finance](https://download.riverlogic.com/blog/topic/finance) ### [Why do Integrated Business Planning Initiatives Fail?](https://download.riverlogic.com/blog/why-integrated-business-planning-initiatives-are-failing) Back in September, River Logic was a sponsor at the IE Group S&OP Innovation Summit in Boston, MA. During the event, one of River Logic's customers, Cox Industries discussed how they true Integrated Business Planning at their organization using River ... [S&OP](https://download.riverlogic.com/blog/topic/sop) [Financial Planning](https://download.riverlogic.com/blog/topic/financial-planning) [Finance](https://download.riverlogic.com/blog/topic/finance) ### [How to Perfect Your Risk Mitigation Strategies](https://download.riverlogic.com/blog/how-to-perfect-your-risk-mitigation-strategies) As we well know, there are risks inherent in almost every major business decision. Even if decision-makers opt out of an opportunity because it seems too risky, that decision in itself can still be hazardous. Being too timid could lead to things like new ... [Finance](https://download.riverlogic.com/blog/topic/finance) ### [Uh Oh...5 Clues that Recession is Near](https://download.riverlogic.com/blog/5-clues-that-recession-is-near) The laws of gravity are known to apply to economics. Everything that goes up must come down, meaning a coming recession is a matter of when, not if. [Prescriptive Analytics](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [Finance](https://download.riverlogic.com/blog/topic/finance) ### [Transform the Finance Function with Prescriptive Analytics](https://download.riverlogic.com/blog/transform-the-finance-function-with-prescriptive-analytics) "Big data” (a buzz word) is a term that more and more businesses know. It's essentially a term that signifies large and complex amount of data sets — structured and unstructured — that are notoriously hard to process and analyze with traditional ... [Financial Planning](https://download.riverlogic.com/blog/topic/financial-planning) [Finance](https://download.riverlogic.com/blog/topic/finance) ### [Traditional Cost Modeling is Failing. Here's What You Can Do.](https://download.riverlogic.com/blog/traditional-cost-modeling-is-failing-heres-what-to-do) Businesses, non-profits, and even government organizations need cost models to support decision making. Without cost and profitability models, financial planning — much less financial optimization — would be almost impossible. [Prescriptive Analytics](https://download.riverlogic.com/blog/topic/prescriptive-analytics) [Profitability Analysis](https://download.riverlogic.com/blog/topic/profitability-analysis) [Finance](https://download.riverlogic.com/blog/topic/finance) ### [Maximizing Financial Flow vs Capacity Discipline — Cuz That's Where the Money Is!](https://download.riverlogic.com/blog/maximizing-financial-flow-versus-capacity-discipline) What is Capacity Discipline? When the infamous bank robber, Willie Sutton, was asked why he'd robbed banks, he purportedly said, "Cause that's where the money is!" Capacity Discipline is a buzz phrase that airlines like to use to describe their own ... [S&OP](https://download.riverlogic.com/blog/topic/sop) [Integrated Business Planning](https://download.riverlogic.com/blog/topic/integrated-business-planning) [Finance](https://download.riverlogic.com/blog/topic/finance) [Supply Optimization](https://download.riverlogic.com/blog/topic/supply-optimization) [Supply Chain](https://download.riverlogic.com/blog/topic/supply-chain) [Sales and Operations Planning](https://download.riverlogic.com/blog/topic/sales-and-operations-planning) ### [S&OP Process: What does it mean to Integrate with Finance?](https://download.riverlogic.com/blog/integrate-finance-with-sales-and-operations-planning) Whether it’s referred to as Integrated Business Planning, Profit Sales & Operations Planning (PS&OP), “Strategic” S&OP or another name, the market is looking for the next generation of the S&OP process to include financials as an integral ... [Finance](https://download.riverlogic.com/blog/topic/finance) [CFO](https://download.riverlogic.com/blog/topic/cfo) ### [Top Four Issues Facing CFOs in 2017](https://download.riverlogic.com/blog/top-four-issues-facing-cfos-in-2017) In the last decade, we’ve seen the role of CFO increasingly take on more responsibilities and move away from just sorting out the finances. 2017 will be no different, with your leadership and decision-making tested by many issues. We’ve highlighted four ... #### 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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