4 Ways to Maximize Arbitrage Opportunities Using Prescriptive Analytics

Day traders, hedge fund managers, commodity brokers, and energy traders routinely take advantage of market price differences to turn immediate profits. Maximizing an arbitrage opportunity requires precise timing and confidence in your market data, otherwise what looks to be a sure profit could turn into a net loss. That’s why more financial, energy, and commodity traders are relying on prescriptive analytics to ensure their arbitrage profits.

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Unilever Reveals Radical Savings with the Power of Prescriptive Analytics, Brought to Life through Microsoft PowerBI

Anyone in Manufacturing is almost certainly familiar with the daily struggle of simulating the real world using a hypothesis (e.g. rules)-based technology to evaluate the impact of decisions before they are made.  In the case of capacity planning and production allocation, this entails manually defining rules that determine capacity and requirements while allocating production to different lines while ensuring the plans remain feasible. This is a very complex problem with more than a million possible answers, causing talented employees (that would otherwise bring more value to the company) to spend countless and frustrating hours manipulating complex trade-offs around assets, throughput, finished or near-finished goods inventory, investments, etc. 

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The New Oil and Gas Quarterback to Climate Change Solutions: Prescriptive Analytics

Most Americans who hear the phrase “Hail Mary” (outside of church) think of football. It  brings to mind a long pass in the last seconds of the game that scores a victory for the team who would otherwise have lost.

In June, the Vatican had its own pep talk for “Team Earth” with oil and gas executives: quit drilling for fossil fuels that cause harm to the environment and impact the world’s poorest. At the event, the Pope emphasized his interest in the renewables strategy, much like a “Hail Mary” for humanity.

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Six Transformational Values Realized from Prescriptive Analytics

Courtesy of our partners over at TBM Consulting!

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Shake, Rattle, and Roll: Time for Another Look at Capacity Planning?

Global Growth. NAFTA negotiations. Trade wars. Trucking crisis. Fuel price increases. As events continue to shake and rattle the growing economy, is now the best time to take another look at your company’s capacity planning?

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Growth in Petrochemicals: Is the Only Way Up?

How to manage profits with growth opportunities

 “Global economic growth is lifting more people into the middle class in developing countries, and higher incomes mean sharply rising demand for consumer goods and services.”

This statement from a recent International Energy Agency (IEA) report is good news for the petrochemicals market, forecasting 25% growth for this oil and gas sector. However, does growth mean increased profits? If capacity, product mix, inventory costs, and numerous other factors are not aligned, the answer is…not necessarily.

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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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Supply Chain Brief