AURA SmartOptimization helps enterprises answer questions such as “What should we do?”. AURA SmartOptimization turns a business problem into a prescriptive math model and then finds the best solution out of millions of possibilities. The result: Better business decisions in a short time and possible savings in millions or billions of dollars.
The algorithms can handle situations with many alternatives, requirements and trade-offs, thereby helping organizations act fast in dynamic conditions and make superior decisions in uncertain environments to gain a competitive advantage. It creates value through synergy with predictive analytics by taking the forward-looking insight to the next level and suggesting the optimal way to handle the present or future situation.
Proven and tested models that solve a variety of business objectives such as cost minimization, revenue maximization, etc.
Proven framework and processes to translate a business problem into a suitable data model and a compatible optimization model
Capability to simulate a variety of what-if scenarios to analyze potential impacts before making critical business decisions
The output of the optimization algorithms rendered in easy-to-use charts, provides in depth graphical details about outputs and integrates with other systems
Determine the optimal inventory level at each node in the supply chain to balance service levels and demands while minimizing costs
Determine the best possible route to ship for ensuring the fastest and most economic last-mile deliveries
Minimize inventory holding costs while maintaining the service levels; establish optimal safety stock levels
Establish the optimal number of resources required per shift by season based on demand, supply, and other factors
Ensure the optimal mix of raw materials or substitutes to maximize finished product yield
Maximize the value of every dollar invested in trade promotions
Reduce costs and increase profits - Do more with less by utilizing your resources and assets to their maximum potential. Decision optimization helps make smarter decisions to reduce idleness and improve productivity, allowing you to do more with what you have.
Improve customer service - Today's service quality affects tomorrow's profits. Decision optimization helps evaluate the impact of decisions on profits and service quality, and offer the best service to customers.