Tactical planning serves the goal of continuous improvement. To achieve this mathematical optimization does not only provide the best set of decisions, but also an evaluation of how much a decision is worth. In this episode we explain, how it works.

The management of complex production networks is demanding. Often, the necessary transparency is lacking to coordinate demand and production capacities in such a way that goods availability and production costs are in an optimal relationship. How production networks work and how they can be optimized with the help of advanced analytics is what our colleague Marc Johann talks about in his premiere as the second host of “One more thing about…”. Enjoy!

Optimization projects are complex and for our customers, every optimization project is a journey into uncharted territory. How can we make sure, that our projects are going in the right direction? We divide our projects into 3 phases: the prototype, the minimum viable product and the fully productive product. After the prototype in the last video, let’s see why we have phase 2 for the minimum viable product.