Category: Blogs

Addressing Challenges in Electronics Supply Chains with Network Design Technology In today’s rapidly evolving electronics and components industry, managing supply chains is more challenging than ever. From sourcing raw materials to delivering finished products, businesses face multiple hurdles that can disrupt operations and hinder growth. However, network design technology has emerged as a valuable tool…

The Challenge One of the largest semiconductor manufacturers globally faces significant challenges in managing its complex supply chain. With operations spanning across multiple regions, the company encountered issues such as: Due to the complexity of the global supply chain and the many variables involved, these problems were difficult to address using traditional methods like Excel,…

Problem A major retailer in the U.S. sought to enhance its merchandise planning and promotion strategies by utilizing advanced analytics. Facing increasing competition in the retail market, along with evolving consumer behaviors and pricing pressures, the company recognized the need for improved decision-making tools. One of the key challenges was that each category manager was…

Problem A major power plant in Africa operates 18 gas engines with a total installed capacity of 175 megawatts (MW), using natural gas as its primary fuel. This plant is one of the largest of its kind in the region. In recent years, the South African electricity utility, Eskom, introduced a program that allows independent…

Challenge A food company, managing operations across two manufacturing sites and four third-party distribution centers, faced the task of optimizing their logistics network. The company dealt with over 100 different stock-keeping units (SKUs), and management sought to assess whether their existing network of production and distribution was operating efficiently. Key considerations included the potential addition…

Problem In healthcare, efficient time management is crucial, yet creating reliable shift schedules remains a significant challenge, particularly in hospitals with a large workforce. Often, doctors are required to plan their own shifts, which takes time away from patient care. Alternatively, hospitals may hire planners to manage this task, but the process involves complex considerations,…

Challenges As a producer of metallurgical additives for steelmaking, many manufacturers face the challenge of mixing various raw materials to create blends that meet specific client requirements. Historically, this was done through complex and manual Excel workflows, which could take several days each month to complete. Outcomes To address this, manufacturers have turned to mathematical…

Problem Steel manufacturing involves managing various materials, including coal and flux, which are essential for removing impurities during production. Coal alone accounts for around 60% of the production cost, making it crucial to carefully control the amount used in the blast furnace, along with other inputs like flux. Manufacturers must also consider operational capacity, material…

Organizations are increasingly focused on improving decision-making speed and quality. A growing number of them are turning to prescriptive analytics—a type of advanced analytics that not only analyzes data but also offers actionable recommendations. Let’s delve into what prescriptive analytics entails, examine some key use cases, and explore what’s fueling its rapid adoption. What is…