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.

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!

Everything could be so simple if you only had one goal…. But unfortunately, you usually have several, which are also competing with each other. What is the best way to balance these goals?