River Logic

How Prescriptive Analytics Shapes Business Transformation and Supply Chain Social Responsibility

River Logic

Growing up in a small oilfield town, we didn’t have a McDonald’s; we had Joy’s Grill. Joy, the owner, and his wife, Wanda, ran a straightforward automated operation in their diner with one row of booths and a counter open to the grill.

Working Capital Management: Two Challenges and How to Address Them

River Logic

Working Capital seems easy enough to understand. Divide a company’s current assets by its current liabilities and you get a ratio that helps you determine how easily a company could cover its short term debt. This is generally referred to as how liquid a company is.

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New Ventana Research on Supply Chain Planning and Prescriptive Analytics

River Logic

River Logic recently sponsored a new piece of Ventana Research entitled "Supply Chain Planning with Prescriptive Analytics: Technology Enables a More Effective Process.". Prescriptive Analytics Market Research

The Ten Must-Read Supply Chain Blogs of 2017

River Logic

The first month of the New Year has come and gone. Since everyone chooses to do their “best of” lists in January — causing us all to be a bit slammed with “bests” — we instead decided to share our must-read supply chain blogs of 2016 a little later.

How to Achieve Six-Figure Benefits from Digitizing Paper-Based Supply Chain Operations

The traditional paper-based approach to supply chain operations presents serious challenges and perils. Digitization, in turn, offers a bounty of benefits – up to and including six-figure cost savings and significant efficiency and revenue gains. Here’s how.

Why Do Supply Chains Need an Effective Communication Plan?

River Logic

Effective communication is a vital component to successful supply chain management , yet an alarming amount of businesses have no official communication plan in place to guide their employees.

Transform Your Supply Chain or Lose Out to Competitors

River Logic

The business world is in a state of flux as new technologies continually change the way companies operate. The pace of innovation is fast. Those in the lead respond to changing market demands quickly and efficiently, leaving behind those who rely on inflexible and dated supply chains. Prescriptive Analytics Supply Chain Advanced Analytics

Supply Chain Planning Trade-Offs: A Success Story in the Snack Food Industry

River Logic

A River Logic customer was unable to meet demand for their most profitable product, because they were working with constrained capacity. They had no visibility into their supply chain planning trade-offs, were wrangling 20+ spreadsheets to create plans, and missing out on major profit opportunities. Since adopting River Logic, hundreds of thousands in cost savings per week have been uncovered. Customers Supply Chain

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How Advanced Analytics Technology Addresses the Gender Gap

River Logic

Feeling and logic. Throughout corporate history, these primary behaviors have been respectively assigned to women and men, although we know these labels aren’t always accurate. Take Steve Jobs.

Capacity Planning: Is Your Plan Feasible and Optimal?

River Logic

Most organizations have a hard time minimizing the discrepancies between their capacity and the demands of their customers. As a result, most of them are under-utilizing resources or are unable to fulfill customer demand. Capacity Planning Supply Chain

Building AI to Unlearn Bias in Recruiting

Research shows that the hiring process is biased and unfair. While we have made progress to solve this, it’s potentially at risk due to advancements in AI technology. This eBook covers these issues & shows you how AI can ensure workplace diversity.

River Logic Joins TBM Consulting Group at the American Supply Chain Summit

River Logic

River Logic is excited to announce that we will be joining TBM Consulting Group at the American Supply Chain Summit next week in Dallas, TX. Not only has our company never attended this event before, but this will be our first event at which we will join TBM Consulting Group as an official partner.

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2018 Gartner Supply Chain Top 25

River Logic

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. Gartner

Using Prescriptive Analytics to Decrease Supply Chain Disruptions

River Logic

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.

Gartner's 8 Supply Chain Trends You Can't Ignore

River Logic

Gartner recently identified the top eight disruptive technologies most likely to impact organizational supply chains in 2018. Keep in mind, these trending technologies are scattered throughout the various stages of the Gartner Hype Cycle , which charts the development of technologies from concept to maturity and adoption. Starting with those closest to commercial viability, here the the eight supply chain trends you can't ignore. Prescriptive Analytics Advanced Analytics

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How ClearMetal Customers Stay a Day Ahead of the Competition

Every shipper in the world receives alerts that their shipment arrived at port 1.5 days after it actually happened. ClearMetal customers get alerted 31 hours earlier. Learn how ClearMetal is giving their customers a competitive advantage nobody else can.

Q&A with Bill Remy and Ken Koenemann of TBM Consulting Group, Inc

River Logic

Background. This is a Q&A with Bill Remy, Chairman and CEO, and Ken Koenemann, Vice President of Technology and Supply Chain for TBM Consulting Group, Inc

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Webinar: Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis

River Logic

River Logic and Supply Chain Consulting Partner Spinnaker Management will be hosting a webinar on March 7, 2018 entitled "Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis.". S&OP Partners Webinars

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TBM CONSULTING GROUP PARTNERS WITH RIVER LOGIC TO ENHANCE PRESCRIPTIVE ANALYTICS CAPABILITIES TO SUPPLY CHAIN CLIENTS

River Logic

DALLAS, January 30, 2018 - River Logic , a leading provider of prescriptive analytics technology, today announced its new partnership with TBM Consulting Group , an operations and supply chain consulting firm known for its Lean heritage and expertise in operational excellence. TBM helps clients dramatically accelerate and sustain operational results using a powerful combination of process rigor and enabling technologies

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Seven Decision-making Capabilities to Drive Supply Chain Excellence

River Logic

The topic of supply chain excellence is extremely broad and spans a smorgasbord of topics associated with People, Process and Technology. However, if we focus on key decision-making capabilities that can help companies achieve supply chain excellence, we come up with the following seven areas.

Optimize Supply Chain Network Capacity Utilization for Manufacturing Competitiveness

Download a complimentary copy of this Gartner report and get best practices to sustain agility and set the stage for growth. More and more companies are using advanced analytics as an enabler to handle demand variability, reign in network complexity, and improve decision making around capacity planning. Will you be among them? Insights you will gain from this report: How you can best structure decision-making around capacity planning. How to design your network to deal with rising complexity and overflows. How to leverage prescriptive analytics to make decisions around desired trade-offs. How to deal with change management and governance.

The Autonomous Supply Chain: Possible or Impossible?

River Logic

In the press, a great deal of attention is given to the concept of using drones to deliver parcels direct to people's homes as well as the use of autonomous delivery vehicles on the road. As exciting as these concepts are, a lot more work is needed before they are mature enough for large-scale implementation. logistics Supply Chain

An S&OP Expert Interview Series by Niels Van Hove

River Logic

Over the last month, Sales and Operations Planning (S&OP) and Supply Chain expert Niels Van Hove has published a series of expert interviews on his blog, Supply Chain Trend. The goal was to understand where S&OP stands today and what each interviewee's view is for the future. Below is a list of the 5 interviews he conducted with a link to each, as well as an introduction on why Van Hove chose to conduct this series on S&OP. S&OP Sales and Operations Planning

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Spinnaker Partners with River Logic to Deliver Optimization-enabled Business Planning Solutions

River Logic

DALLAS, July 7, 2017 -- River Logic today announced its new partnership with Spinnaker, a supply chain services company that helps clients grow, manage risk, reduce costs and improve customer service by developing world-class supply chain capabilities. Partners Optimization Business Planning Company News

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Automotive Spare Parts Business: Business Challenges and Supply Chain Excellence Strategies

River Logic

Great news for our readers in the Automotive Spare Parts Industry! Our partners at GitaCloud recently wrote an article on supply chain and the automotive industry. Below is a brief excerpt of the blog post. The full post can be found via this link.

Your Data Has Value. Learn How Technology Can Unlock It.

Supply chain data is flawed, we all know this. Hear ClearMetal CEO, Adam Compain, talk about how the right technology and strategies will give you better visibility and create value within your supply chain. The ability to move from reactive firefighting to proactive planning is closer than you think.

Role of Prescriptive Analytics in Supply Chain Vision 2030

River Logic

Figure 1. Role of Prescriptive Analytics in Next Generation Decision Support. There is a new technology revolution in the making with the explosion of Internet of Everything, Machine Learning, self-driving cars, etc.

River Logic to Attend NASCES 2017 in Chicago

River Logic

DALLAS, TX — August 15, 2017 — River Logic will be exhibiting at the North American Supply Chain Executive Summit September 11-12th in Chicago. Insider Partners Supply Chain Events

Supply Chain Sustainability: Series Re-cap

River Logic

The largest, most successful companies are rapidly adopting initiatives focused on improving the sustainability of their supply chain.

5 Lessons From Our Greatest Supply Chain Leaders

River Logic

One of the best ways to develop skills in a specific area is to emulate the habits of people who have already attained success in that field. This is as true for supply chain management as it is for sports.

Taking S&OP to the next level with supply chain analytics

Many supply chain leaders realize the potential of analytics but need to see concrete examples. With our 30-year heritage in advanced analytics and our experience with Fortune 500 and mid-size companies, we have plenty of those to share. Sales and operations planning (S&OP) tools are increasingly being adopted by companies and while they enable data visualization and collaboration, they often miss the intelligence to recommend actions that improve your EBITDA. Find out how our self-configurable S&OP solution can help you take S&OP to the next level. This webinar covers: How to get more insights from your S&OP using analytics. How to get more "signals" to identify opportunities and risks which weren't traditionally visible. How to spend less time on data gathering, more time on reflection and discussion. How S&OP coupled with analytics will help you make better decisions than your competition.

Why Do Supply Chains Need an Effective Communication Plan?

River Logic

Effective communication is a vital component to successful supply chain management, yet an alarming amount of businesses have no official communication plan in place to guide their employees.

Scenario Analysis: A Powerful Analytics Force

River Logic

Scenario Management Supply Chain Management Scenario Analysis

How Agile is Your Supply Chain?

River Logic

Supply chain agility is an increasingly important concept for businesses that wish to maintain or develop a competitive advantage, but many managers do not actually understand what agility means in regards to their supply chain.

IoT in Supply Chain: Is the Hype Real?

River Logic

I think we all know the answer to this one.YES, the hype is real. Over the past decade, the Internet of Things (IoT) has evolved from a concept relevant only to technology enthusiasts to something that is permeating every aspect of our society. According to Gartner , 5.5

The 4 Stages of Supply Chain Analytics

How do you move from “what happened” to “what would happen if”? Most supply chains struggle with the first, and the latter is wishful thinking. What stage are you in? Find out where your supply chain is on the maturity curve.