aiAURA SmartOptimization helps enterprises answer questions such as “What should we do?”. aiAURA 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.
Key Features
Prescriptive and custom optimization Models
Proven and tested models that solve a variety of business objectives such as cost minimization, revenue maximization, etc.
Established optimization framework
Proven framework and processes to translate a business problem into a suitable data model and a compatible optimization model
Simulations & What if Scenarios
Capability to simulate a variety of what-if scenarios to analyze potential impacts before making critical business decisions
Visualizations & Integration
The output of the optimization algorithms rendered in easy-to-use charts, provides in depth graphical details about outputs and integrates with other systems
Capabilities
Supply Network Optimization
Supply Network OptimizationDetermine the optimal inventory level at each node in the supply chain to balance service levels and demands while minimizing costs
Route & Lead time Optimization
Route & Lead time OptimizationDetermine the best possible route to ship for ensuring the fastest and most economic last-mile deliveries
Safety Stock Optimization
Safety Stock OptimizationMinimize inventory holding costs while maintaining the service levels; establish optimal safety stock levels
Workforce & Labor Optimization
Workforce & Labor OptimizationEstablish the optimal number of resources required per shift by season based on demand, supply, and other factors
Manufacturing Yield Optimization
Manufacturing Yield OptimizationEnsure the optimal mix of raw materials or substitutes to maximize finished product yield
Trade Promotion Optimization
Trade Promotion OptimizationMaximize the value of every dollar invested in trade promotions
Key Benefits
Bottom line benefits
Top line benefits
ROI for Optimization projects
aiAURA SmartOptimization brings AI-powered intelligence to support strategic, tactical & operational decisions within minutes.
aiAURA SmartOptimization is proven to minimize supply chain costs across Industries
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.
