In this article, we leave you with the pros and cons of, either buying a software product or hiring a customized development, and in which cases one or the other may be more interesting for your company. On many occasions, companies find themselves in the position of having to choose between acquiring a software product…
The volume of ecommerce sales has been increasing for years and the arrival of Covid-19 has helped these figures to multiply exponentially. There are 100% ecommerce companies that do not have physical shops, such as ASOS, Zalando, or the giant Amazon; and traditional retail companies that have joined the digital revolution, combining both business models…
Nowadays, it seems obvious that treating all customers equally in the insurance sector is a significant waste of opportunities. Why would I offer car insurance to a person who does not have a car? Does it make sense to send paper documents to 100% digital people? These kinds of mistakes mean costs for companies that…
As is well known, black box algorithms are those in which we know both the input data received by the model and the response it produces. However, as a general rule, these algorithms do not allow us to know how the answer is arrived at. Many techniques based on artificial intelligence are considered black-box, as…
Supply chain optimization is about right-sizing and efficiently managing capabilities and critical resources throughout the supply chain, from production to the point of sale and finally, to the customer. Here are the considerations you need to take into account to define a good operational strategy and have an optimal end-to-end supply chain: Accurate demand forecasting…
Traditionally, a Business Rules Management System (BRMS) is used to centralize and streamline the management of a company’s business rules and logic, in order to make better decisions. But it can also be used as a configurator for the orchestration of the flow of complex web services, and we want to show you this with…
Digital Decisioning combines human intelligence ( applying human knowledge and business logic through Business Rules Management Systems, BRMS) and Artificial Intelligence (decisions based on data and predictions through Machine Learning and AI) to efficiently automate business decisions. In this document we have compiled use cases in which we have helped several companies along the supply…
Smart production scheduling can have a substantial impact on your delivery performance, productivity and bottom line results. ERP systems are of little value because they will not support real time rescheduling when disruptions occur nor are most ERP systems equipped to capture specific constraints or business rules. So production scheduling is an important addition to…
Challenge Every few months, DECISION MANAGEMENT COMMUNITY proposes challenges on Decision Management that are posted on their website, in which anyone can participate and submit their solution using any decision management and business rules system. The challenge for February 2021, Benchmark “Medical Services”, consists of implementing a decision service capable of assigning the coverage of…
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…