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.

Sometimes optimization specialists combine different existing techniques to tackle a new type of problem. This is the case for flow network analysis and the facility location problem by combining them to flow location networks. Let’s see how that works and what can be solved this way.

Most companies are already aware of the potential for improvement. But how can optimization potential be identified and quantified? This is where optimization comes in and helps to replace gut feeling with numbers.