This article is a summary of the webinar “Supply Chain Optimization: A Robust Supply That Minimizes Costs” in which we presented a demo of the FICO Xpress Insight tool as a decision support system for stock management in the supply chain. Did you miss the webinar and would like to watch it? We leave the…
Optimising the Supply Chain is about planning and optimising all operations and resources in the Supply Chain in order to make the Supply Chain more efficient, more responsive to changes and more customer centered. Synchronizing the flow throughout the supply chain taking into account logistics, inventory, production and workforce, requires powerful supply chain technology. But…
In the logistics and supply chain process, the large number of operations and assets involved make it a critical area for the retail sector. Therefore, improving operating margins at each point in the supply chain has a direct impact on business results. Optimizing resource planning (human, material, and financial) and automating business operations, increase process…
In recent years, companies have focused their efforts on having platforms that help them capture and store large volumes of data. But it is now that efforts are focusing on adding value to these data by applying Advanced Analytics. Transport and logistics sector is not an exception. It is now that real value is being…
Implementing AI in companies Today, many companies are investing heavily in Artificial Intelligence and Big Data and believe that these technologies will help them with their digital transformation. By using data analysis and Artificial Intelligence capabilities, such as automatic learning or decision-making based on these data, companies in all sectors can optimize and automate their…
In a hyperconnected and data-driven world, sectors like logistics have to reinvent themselves and adapt to new technologies. Not doing this meant that they can not be competitive in the logistics industry today. To be competitive in the logistics industry today is not an easy job. Many processes, professionals, material assets, and more actors, variables…
The world around us is evolving at high speeds, and the speed of change is going to increase more in next years. Digital revolution has permeated in the society and has hit on companies of all industries. The companies should change and adapt faster in order not to be outdone. This is the mantra repeated in the executive’s directions among the main companies.
In previous entries we saw there are cases in which Integer Linear Programming is not the most appropriate approach to solve routing problems, and we proposed the option of using metaheuristic algorithms to obtain feasible solutions, and in many cases close to the optimal solution.
As already mentioned in this blog, integer linear programming is often not useful in the real world to find the optimal solution to routing problems.One of the most common metaheuristic techniques to solve this problem is known as Ant Colony Optimisation (ACO).
The Project aims to automate, based on a series of requests and variables, shifts assignments for personnel in charge of driving trains and serving at stations. Assignments need to comply with existing agreements, be reliable and consistent. Also, they must be able to adapt according to people’s different circumstances and business needs at any given time.