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!

Life – and planning in particular – would be so much easier if we knew in advance what was going to happen in the future. Of course, that’s not possible. But with predictive analytics, we come pretty close, at least for our planning questions.

To the untrained eye, it is not immediately obvious whether using a solver is an easy step or impossible. Let’s take a look at problem complexity, scalability to our problem size.