Elevate your operations
Modern organizations are big, complex, and deal with large volumes of data and face many uncertainties in their day-to-day operations. In today’s economy, companies that know how to manage complexity and uncertainty are able to differentiate themselves from the competition. IBM’s Smarter Planet initiative showcases how some large companies and governments are leveraging OR and data analytics.
Operations optimization is the key to the company’s supply chain efficiency, low system cost, employee satisfaction, environmental impact, and many more attributes of the company.
How do companies optimize their operations traditionally?
Traditionally, companies attempt to optimize operations using back-of-the-envelope calculations, Excel-based simple models, and prior-experience. While the importance of all these conventional approaches cannot be ignored, the operations of companies become complex very soon. For example, today’s companies deal with hundreds of SKUs, tens of locations, and hundreds of customer locations as a nominal case. Optimizing the operations in such a network is no easy task & will invariably lead to sub-optimal solutions when companies attempt to do this using basic tools & models.
What is Optimal Solutions’ approach to Operations Optimization?
Our approach to Operations Optimization hinges on the use of cutting-edge Operations Research tools and techniques to arrive at the optimal operations in a scientific manner so that the answers are optimal while honoring ALL business constraints. This entails modeling and optimizing the process in a rigorous platform that allows us to represent the business in adequate detail. In our experience, this approach often reveals insights and solutions which defy conventional wisdom – thereby opening the eyes of business leaders to the possibility that OR, Computing power, and Mathematics can be leveraged to handle complexity in ways that human brain cannot handle with simple tools.