Decision Spot

Companies may rely on fleet management as an integral part of their operations to increase efficiency, save costs, and identify potential issues. In this blog, I discuss the key challenges and common solutions in fleet management. #optimization #supplychain #transportation

🎓 Registration for our free, expert-led #Opti201 training closes on June 28th. Get access to valuable, on-demand training content that is tailored to data scientists to help sharpen #optimization skills. Registered learners can enjoy the training materials until September 2024. But hurry, registration ends this Friday! Secure your spot now to unlock the benefits of our #Opti201 training at your own pace: https://lnkd.in/ggdQXtum

Decision Spot is excited to participate in the CSCMP Chicago Roundtable 39th Annual Seminar on April 18th. Join us at our booth as we demonstrate the power of analytics and AI in solving supply chain challenges, in collaboration with our partner, Gurobi Optimization. We're also looking forward to sharing our expertise in several sessions: 1. Leveraging Machine Learning to Reduce Inventory through Lead Time Predictions - Presented by Ryan Veleke (Plexus Corp.) and Daniel Vanden Brink (Decision Spot). 2. From Data to Decisions: Creating Actionable Insights through Visualization - Presented by Kyle Jurczak (Decision Spot). We hope to see you there!

We're excited to announce Gurobi's participation as a sponsor at the upcoming 39th Annual CSCMP - Council of Supply Chain Management Professionals Seminar in Chicago on April 18th! ️ Join us as we showcase the power of optimization alongside our Gurobi Alliance Service Partner, Decision Spot. Why attend? *Discover how Gurobi's industry-leading optimization software can help you solve your most complex supply chain challenges. *Learn from industry experts about the latest trends and best practices in the industry. *Network with your peers and gain valuable insights to optimize your operations. Don't miss this opportunity to: Visit our booth and speak with Gurobi representatives about your specific optimization needs and learn more about how Gurobi can help you achieve: 1. Increased efficiency and productivity 2. Reduced costs and waste 3. Improved customer satisfaction Register for the event today! https://lnkd.in/eXB8B-bf We look forward to seeing you there! #Gurobi #SupplyChainOptimization #CSCMP #Decisionspot #Chicago

If you've ever written an optimization model, you may have encountered the frustrating issue of infeasibility. In this blog, I share a few tricks I've learned over the years to identify and overcome these challenges. #optimization #decisionscience

I have wanted to summarize these points for a while – key areas often overlooked or ignored when developing inventory models. Many of the models being leveraged today make some assumptions that are incorrect and vastly oversimplify the problem. While the simplification may have been necessary 20 years ago, with data availability provided by data lakes, scalability provided by cloud computing, and advanced Machine Learning models available in open-source libraries there is no longer a reason to gloss over these details of inventory modeling. I am interested in hearing your thoughts on these areas and other areas which need to be addressed. #supplychain #Inventory #supplychainmanagement #inventoryoptimization #MachineLearning #DecisionSpot #Foresta https://lnkd.in/g5X4dPbn

Starting the new year with a fresh blog post! This time, it's about a question I've heard from several data scientists in the past: comparing open-source and commercial solvers in mathematical optimization. #optimization #solver https://lnkd.in/gfEwAbag

In the recent Gurobi Optimization 201 training, I explored the distinctions between mathematical optimization and heuristics as the primary approaches for solving optimization problems. I've translated the main points into a blog to assist you in selecting the right approach for your problem. #optimization #decisionmaking #decisionintelligence https://lnkd.in/geJDqgqM

As retailers emerge from the year's largest sales event, their supply chains, particularly fulfillment centers, remain at full pace to fulfill orders in the coming days and weeks. While this period is all about execution, I hope it is going according to their plan. 📦   Now seems a good moment to delve into the nuances of retail supply chain design and planning for online and omnichannel strategies. In this blog, I am sharing essential considerations to optimize these operations. While this content is tailored for the retail sector, 3PL companies offering fulfillment services may also find it beneficial.   I'd love to hear your thoughts and perspectives!

Sharing a few recommendations for organizations striving for supply chain transformation. https://lnkd.in/gNEj7Txw