2018 Gartner Supply Chain Top 25

Gartner's release of its 14th annual Supply Chain Top 25 provides an inside view of the elite corporations and their advanced practices that make them the best in the world.

In the Supply Chain Top 25 ranking, Unilever retains its number one spot with a composite score based on six categories, like Gartner and peer opinions, inventory turns, revenue growth, and more.

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Use Prescriptive Analytics to Make Decisions that Will Help Your Company Make More Money

Efficiency Gains and Cost Savings Don’t Always Drop to the Bottom Line. Prescriptive Analytics Can Explain Why and What to Do About It.

How prescriptive analytics can help manufacturers set priorities and realize greater financial gains from capital investments and improvement efforts.

During employee team meetings, the CEO of one of our clients would always make a point of reviewing how the company made money. “We take a bunch of random raw materials,” he would say, “and convert them into something we can sell for more than what it costs to make. What’s left over is called profit. We’re in business to make more of that stuff called profit.”

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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 applications. What's important isn’t the quantity but what organizations DO with “big data”. A major problem with big data (or data in general) is that companies are not focused on analyzing data for insights; they simply don't know where to start or what to do with it!

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Use of Mixed Integer Optimization in Greenfield Plant design

One of the riskiest and most difficult decisions in business is whether or not to build a new plant and, if so, what configuration that plant should take. Bad decisions prior to construction can haunt you and your stakeholders for decades. What if space for work-in-process inventory is too small? What if your equipment selection is not properly balanced? How will the plant perform under different economic environments?

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Using Prescriptive Analytics to Decrease Supply Chain Disruptions

An article by Nari Viswanathan, Vice President of Product Management for River Logic, was recently featured on Supply Chain Management Review. In this article, Nari discusses the fact that Supply Chain in particular has been slow to adopt advanced analytics capabilities, mainly due to their apprehensiveness around replacing existing systems. However, Nari makes the argument that, given recent advancements in technology, data and more, it's now easier than ever for Supply Chain leaders to embrace the change that their companies are so greatly need.  Below is a blurb from Nari's article. The full article can be accessed on Supply Chain Management Review.

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Barrel Up: Oilfield Digitization Comes of Age

A company making a widget that sells for $50 but in a matter of months gains demand, allowing the price to be bumped up to $70, would sound like a great thing. Right?

If only it were that simple in the Energy industry. The barrel price of Brent crude — the thermometer of industry health — has made a comeback that has many stakeholders more skeptical than elated. Why? Unlike other industries, Energy turns on an axis of its own as we covered earlier. However, what makes this time different is that the uptick, for most U.S. firms, comes from a position of offense as a leading exporter rather than playing defense because of foreign oil actions. The equation has changed. 

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River Logic Customers and Partners Gain Huge Architectural Benefits from Service Fabric

River Logic’s strength is in prescriptive analytics-based optimization. The company has over 1,100 person-years of experience in building 100’s of models that solve complex business problems across dozens of industries. Two years ago River Logic made the decision to move to Microsoft Azure, which significantly helped the company maintain a modern architecture that is quickly scalable. As our readers know, Power BI is embedded within the River Logic’s solution, enabling world-class visualization of prescriptive analytics data.

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Leveraging Prescriptive Analytics to Drive Digital Transformation in Oil & Gas

Over the last year, here at River Logic we have had the opportunity to make some pretty major waves in the Energy Industry — more specifically in the world Oil & Gas. Our internal knowledge of the space and the breadth of our solution delivery have both grown drastically. This is largely due to our relationship with our Energy partners, mentioned below. Given the nature of optimization-based prescriptive analytics, understanding how to apply this technology in a somewhat foreign industry can be a pretty big challenge. The truth is, optimization is complex — everything from understanding the best technology to use, to knowing what problems to tackle first, to ensuring your implementations will drive the fastest, and largest return.

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Transparency in Trading: Margin Erosion or Profit Opportunity?


In oil and gas trading (and many other types of Energy trading), the description of legendary 80s arbitrager Ivan Boesky holds partial truth today. Boesky — the inspiration for Wall Street’s Gordon Gekko character — was said to have had the hide of a rhinoceros and the nerve of a burglar.

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The Real-World Applications and Business Benefits for Prescriptive Analytics

You’ve undoubtedly heard the buzz about prescriptive analytics. Smart people have probably told you that your company needs to be using such capabilities. In this blog post, we look at real-world applications and, more importantly, how such capabilities can make your company more efficient and more profitable.

In brief, prescriptive analytics uses algorithms to create a flexible performance model of your business that can provide managers insights into the best decision to make in a given situation. It has the benefit of fully respecting the constraints and objectives of the business while also reporting the financial impact.

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