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Rapid Deployment of Optimization developed with OPL
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The Opalytics Cloud Platform was developed in order to create applications that use advanced analytics solvers. The solvers cover different capabilities including simulation, machine learning and optimization. Our goal is to enable fast and effective deployment of analytics so that business users can participate in the prototyping stage and use it in their work as Read More »

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Inventory Optimization Complements Lean
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For many, there was a point in the past when the idea of “optimization” used to summon images of Greek letters juxtaposed in odd arrangements kept in black boxes that spewed out inscrutable results.  Optimization was sometimes considered a subject best left to impractical theorists, sequestered in small cubicles deep in the bowels of the building to Read More »

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Combining Machine Learning and Optimization for Better Decisions
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Most analytics applications in supply chain and operations involve some form of forecasting and optimization. These are also called more generally predictive and prescriptive analytics. One such example is price optimization. This process analyzes historical data to determine how price influences demand and then develops an effective pricing strategy. Price optimization is often performed with Read More »

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Gurobi Webinar:Combining Optimization with Machine Learning for Better Decisions
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For those already familiar with machine learning, this webinar will share some insights on how to better leverage the output of those techniques to improve overall decision-making. For those familiar with optimization, this webinar provides an introduction on how machine learning can improve inputs to and decisions from your optimization models. Specifically, this webinar will: Read More »

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Treat Your Analytics Practice to Instant Applications
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In our interactions with many companies and their analytics teams, we note that they need to solve the unique problem they have and, therefore, need a specific analysis for an industry-specific, company-specific, and/or situation-specific question. This requires a combination of services and software to support them. Many analytics tools reside on the analyst’s machine or Read More »

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Optimization to the Rescue
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We recently attended and presented at the Informs Analytics conference.  While analytics includes many areas from machine learning, to dynamic programming and simulation, the main focus of the conference was optimization technology, provided by vendors who sell core solvers such as Gurobi, Lindo and CPLEX (IBM) as well as modeling languages such as AMPL and AIMMS. Read More »

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Analytics Done Right
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The awareness that analytics is beneficial for business is widespread and not entirely new. In fact, analytics are recognized as a competitive advantage by Mike McNamara, Chief Information Officer, Target Corp., who was quoted in the WSJ: “That I have better supply-chain algorithms than [my competitors] really matters.” However, implementing new analytics technology is not Read More »

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CIOReview recognized Opalytics as Top 20 Supply Chain Tech Solution provider
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In the March 27,2017 Supply Chain Special edition, CIOReview Magazine selected Opalytics (pdf) as one of the “20 Most Promising Supply Chain Tech Solution Providers”. The purpose of this list is to help organizations select the best vendors that offer the most promising solutions.  As the magazine notes “Successful enterprises are readily adopting advanced Supply Chain Management (SCM) systems to Read More »

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Why Do You Need a Supply Chain Analytics Platform?
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Deploying supply chain analytics – in particular, as applied to strategic decisions – can provide enormous benefits. The typical network design analysis can recommend strategies that enable 5 to 15 percent cost reductions. Multi-echelon inventory optimization (MEIO) analysis can reduce inventory exposure by as much as 30 percent. Major changes in taxes, policies, commodity costs, and worker compensation require more Read More »

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How to Avoid Vendor Lock-in
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The IT world has come a long way from the days of “Nobody ever got fired for choosing IBM”, although that sentiment is probably still true of most IT purchases where it’s safer to go with the market leader, even if that means  foregoing innovation. Today, companies worry about “vendor lock-in” where the vendor’s technology Read More »

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