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Category archives: AIMMS

3 Compelling Reasons to Start Using Prescriptive Analytics

Posted on February 09, 2017 by Leave a reply

If you’ve read up on the latest topics in the field of data analysis, then you’ve probably encountered the term Prescriptive Analytics. Prescriptive Analytics is a type of Advanced Analytics that results in a recommended action. Unlike Descriptive (focused on reporting with basic trend or pattern recognition) or Predictive Analytics (focused on predicting the future with forecasting techniques), Prescriptive Analytics uses techniques like machine learning and mathematical modeling to help you improve decision making.

Prescriptive Analytics is at the cutting edge of data science and companies are increasingly interested in exploring its benefits. According to Gartner’s Forecast Snapshot, the Prescriptive Analytics software market will reach $1.1 billion in value by 2019. About 35% of companies are expected to adopt this type of analytics by 2020, but what exactly is driving adoption? AIMMS has been in the business for more than 25 years. Over time, we’ve identified 3 major reasons businesses feel compelled to adopt Prescriptive Analytics. Let’s explore them further.

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This entry was posted in AIMMS, Optimization, Prescriptive Analytics, Supply chain optimization on by .

Top 5 posts from our Supply Chain Blog in 2016

Posted on January 05, 2017 by Leave a reply

bestof2016As we step into 2017, we took some time to reflect on the most popular posts on our Supply Chain blog last year. Trending topics included S&OP, Prescriptive Analytics, Supply Chain Optimization, Supply Chain Centers of Excellence and Supply Chain Analytics. What are you interested in learning about this year? Let us know in the comments and check out the curated list of our most well-read blog posts in 2016:   Continue reading »

This entry was posted in AIMMS, Liberty Global, Prescriptive Analytics, Sales and Operations Planning, Supply chain optimization on by .

Optimizing Liberty Global’s Supply Chain: An Interview with Willem Vesters

Posted on December 08, 2016 by Leave a reply

willemLiberty Global is the world’s largest international TV and broadband company with operations in more than 30 countries. The company started working with AIMMS and our implementation partner Districon in October 2015 to develop a Demand Aggregation tool. Today, they are looking to expand their use of AIMMS for other planning capabilities. We had the pleasure to speak with Willem Vesters, Liberty Global’s VP Global Supply Chain Planning, to learn more about their optimization journey.

Hi Willem, can you please tell us more about your background?

I am originally from Breda, a city in the southern part of the Netherlands. I have a Master’s Degree in Aerospace Engineering from Delft University of Technology but I’ve spend most of my career in operations. I worked at ING for a short period, then moved to Philips and subsequently I became the Supply Chain Planning Director for Office Depot in Europe. These days, I head up the Supply Chain Planning division at Liberty Global.

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This entry was posted in AIMMS, Integrated supply chains, Liberty Global, Supply chain optimization on by .

Internet of Things (IOT), Cost-to-Serve, Segmentation and Supply Chain CoEs are unable to deliver promised business value without Prescriptive Analytics

Posted on November 08, 2016 by Leave a reply

business-idea-831053_1280Gartner’s Hype Cycle for CSCOs is a valuable read for current and potential Supply Chain leaders. It brings together a long list of trends, enabling technologies, business frameworks and competencies that should be in your consideration set. The big theme of course, is the digitization of the supply chain and the implications it will have on business performance. What seems very clear is that if you’re not planning to jump aboard this train very quickly, you’re going to have what will appear to be a stone-age supply chain within 5-10 years.

As a Gartner recognized Prescriptive Analytics software company, we’re most interested in all things digital that have analytical flavor by nature. We see our clients deliver strong value from digital innovation, but only when organizations have the knowledge and technology to do things differently. This requires Prescriptive Analytics, a type of advanced analytics that results in a recommended ACTION.

In other words, for digital transformation to succeed, organizations need to be able to “take action” based on their data. Let’s take a look at some of the competencies mentioned in Gartner’s report so I can provide evidence to back up this outrageous statement.

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This entry was posted in AIMMS, analytics, Prescriptive Analytics, Segmentation, Supply chain optimization on by .

Brexit: 5 Things Supply Chain Leaders Should Consider to Prepare for its Impact

Posted on July 20, 2016 by Leave a reply

eu-1473958_1280The Brexit is a reality and with it, companies in Europe are facing even more uncertainty than before. There is serious concern that the UK’s decision to leave the EU will bring further destabilization and economic risks. How will it impact your supply chain and your bottom line? This article discusses 5 key things supply chain leaders should consider post-Brexit. It also explains how analytics can help you determine the best way forward. Specifically, I will explore how Prescriptive Analytics can help you improve decision-making and make data actionable in an increasingly volatile economic landscape, instead of only providing insight into your data’s behavior.

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This entry was posted in analytics, Brexit, Prescriptive Analytics, Scenario building, Supply chain optimization on by .

AIMMS Sponsors the 18th Annual Supply Chain & Logistics Summit in Barcelona

Posted on June 29, 2016 by Leave a reply

IMG_0120Last week, part of our EMEA team (Christophe, Marcel and Kim) attended the Supply Chain & Logistics Summit as a sponsor for the fifth consecutive time. The conference took place in Barcelona. The overall theme of the Summit was the Value Chain and How to Build the Competitive Supply Chain of the Future. This main topic was covered throughout the whole program. Sessions addressed subjects like:

  • Enhancing Competitiveness Through Technology
  • Supply Planning & Optimization
  • Harnessing Logistics to Satisfy Customers
  • Leveraging the Global Economy

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This entry was posted in AIMMS, Conferences, Supply chain optimization on by .

A Practical Guide to Setting Up a Supply Chain Analytics Center of Excellence

Posted on May 04, 2016 by Leave a reply

It comes as no surprise that business and supply chain leaders are seeking new approaches to get ahead in the analytics age. Implementing an analytics strategy, and in particular implementing prescriptive analytics, can significantly improve revenues and drive down costs. How can you ensure that your team is prepared to embrace these new technologies and approaches? Experience shows us that technology is the easy part. Getting buy-in agreement and changing your company culture to embrace analytics is often more difficult. A Center of Excellence (COE) can help you start off with the right team structure, engage the right stakeholders and put you on the right path to implementation.

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This entry was posted in AIMMS, analytics, Supply chain optimization on by .

What Your Company Needs to Succeed in Today’s Retail Landscape

Posted on March 08, 2016 by Leave a reply

pabloIt’s no mystery that some of the world’s largest retail chains are struggling to survive. Walmart is closing a record number of stores (269) in the U.S. and abroad this year. Trusted names like Sears, J.C. Penney, and Gap have also lost their momentum. In Europe, V&D, a major Dutch department store, and Brantano, a large footwear retailer operating in the Netherlands, Belgium and the UK, have officially declared bankruptcy. Demand is sluggish and many have failed to adapt and streamline shopping experiences for today’s connected consumer. Still, even in the midst of this turmoil, retailers like Kroger and Zalando are thriving. What are these companies doing differently and what trends should retailers look out for? Let’s take a closer look.

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This entry was posted in analytics, Supply chain optimization on by .

Through the Hype Cycle: Exploring the Many Applications of AIMMS Technology in Supply Chain Planning

Posted on February 18, 2016 by Leave a reply

As you may have heard, AIMMS was recently featured in Gartner’s Hype Cycle for Supply Chain Planning (SCP). The Hype Cycle is a great resource for Supply Chain and IT leaders. It offers an overview of the enormous breadth of solutions for Supply Chain planning, giving you insight into the many fields where you can leverage technology to boost your company’s performance. It also helps you understand which technologies and applications have gone through their teething cycle, which ones are already mature, and ultimately, which one would be right for you. In the document, Gartner positions AIMMS as a key vendor in Prescriptive Analytics – a form of Advanced Analytics that can improve decision making in several areas of the supply chain, including logistics, planning, and manufacturing. But you can apply AIMMS to many other areas as well. I will explore some of those areas in this post.

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This entry was posted in AIMMS, AIMMS PRO, analytics, Gartner Hype Cycle, Supply chain optimization on by .

Getting Production Scheduling Right

Posted on November 19, 2015 by Leave a reply

unnamedHow the right production schedule enables fast, profitable decision making at Nampak

Precise means being exact, accurate and careful about details. The difference between good and great. As we discussed in our recent Supply Chain webinar, this is not an easy task if you have a lot of fluctuating demand and uncertainty in your production process. During the webinar, Paul Coombe (Supply Chain Director at Nampak Glass) shared his insights on making the best possible use of your production facilities and optimizing the way you respond to changes in demand. This is particularly difficult at Nampak, a business that aims to produce 350 tons of glass per day while managing different production processes for different bottle types and maintaining customer service at a profitable level. The interview below summarizes how Nampak tackled this challenge.

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This entry was posted in demand planning, Scenario building, Supply chain optimization on by .
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