Blog

Risk management is the process of identifying, assessing, and controlling risks for a business. These risks could stem from a wide variety of sources and if an unforeseen event blindsides your business, it could sustain a financial loss. Simulation is a tool that helps identify potential risks and find ways to make your business resilient.

Connecting the tactical and operational activities of a company to an enterprise resource planning system, such as SAP, can be critical for success. Here, in this blog post, one steel manufacturer did this successfully.

Managing under uncertainty is not easy, especially when you’re facing new realities that have never been experienced before. How can you do proper forecasting for your business without relevant historical data? Simulation is the tool to help you with that.

Electrification of commercial, municipal, and personal vehicle fleets is happening now and quickly. In less than three years, the City of London and Norway target phasing out internal combustion vehicle sales. By 2030, a significant proportion of the world plans the same. Commercial and public organizations will require insight and informed planning to smoothly navigate this time of significant change and make the most of its opportunities.

Here are case studies and research showing how simulation modeling is helping organizations adapt to vehicle electrification.

The world’s leading automotive manufacturers use simulation modeling to optimize production line processes, improve scheduling, create forecasts, and integrate new technologies. Using simulation modeling helps them stay at the forefront of innovation and avoid costly mistakes.

Here are five case studies that highlight the different areas automotive manufacturers apply AnyLogic’s multi-method simulation modeling.

Coca-Cola HBC worked with NFP Consulting to optimize its extensive delivery network in the CIS region. Using anyLogistix supply chain optimization software, they tackled five key business challenges in logistics and created a solution that accommodates over 200,000 clients.

AnyLogic specialist Gennady Parshin simulates production operations at the United Metallurgical Company - a world leader in the production of large diameter pipes. In this article, Gennady shares his experience in modeling complex technological processes using AnyLogic and talks about how United Metallurgical Company (OMK) engineers simulate the operation of overhead cranes. We publish this article on his behalf.

Focus Group Company is an AnyLogic consultancy team that helps businesses resolve their challenges using simulation. In this blogpost, they share their mining simulation expertise and real models reflecting typical business cases.

As one of the largest steel manufacturers and suppliers in the world, Tata Steel faced the need to optimize the internal logistics of one of its steel manufacturing units. The company saw potential for increasing the unit’s overall throughput using AnyLogic as production optimization software.

Read on and find out more about the case.

In connection with the 50th anniversary of Apollo 11 and the first humans on the moon, the Wall Street Journal ran an Inside View article by Andy Kessler, Better Living Through Simulations. What a combination, the moon landings and simulation!

The moon landings were straight-up awesome and, perhaps like many of you, we enjoyed much of the Apollo 11 anniversary coverage. So, when we found a WSJ article featuring simulation in...