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Black Friday and Cyber Week can create both record-breaking sales and significant risks for retailers. That’s why retail optimization and strong demand forecasting are essential to keep shelves stocked, deliveries on time, and customers satisfied. In this blog, we’ll show how simulation helps businesses handle demand spikes, test strategies early, and avoid costly setbacks during peak season.

The World Economic Forum 2023, recently held in Switzerland, was focused on the world's most pressing global challenges and the potential for advancing innovative solutions. In this blog post, we will shine a light on some of the most severe risks over the next decade and our abilities to tackle global issues for future resilience using simulation modeling.

What is a digital twin? What are its benefits? Is it applicable to my business? If these are the questions you're asking, you've come to the right blog post.

Learn about digital twins in business, how they are combined with simulation, and check out the on-topic case studies from various industries.

The Christmas holidays are rapidly approaching and it’s time for the traditional sales. Besides the shopping rush and high sales, retailers also face problems caused by the growing volume of orders, deliveries, and returns. Simulation modeling can help retailers cope with these emerging challenges.

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.

Simulation is a powerful tool that helps plan hospital design and consider its capacity and resource utilization. Testing changes in a simulation rather than in real life leads to efficient and effective solutions based on the analysis of test results. The technology was frequently and successfully used during COVID-19 for evaluating disease spread and mass vaccination. Read how simulation is used to tackle healthcare-related challenges.

Supply chain design, management, and optimization is easier with anyLogistix. Building on the simulation capabilities of AnyLogic with supply chain specific features and a streamlined interface, anyLogistix is a powerful supply chain tool that is easily accessible for analysts, managers, and network designers alike.

Discover better supply chain analytics.

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.

Accenture partnered with San Francisco based AI company Pathmind to investigate the potential of new reinforcement learning (RL) opportunities in simulation.

The results obtained were extremely good. The method produced a waiting time more than 4x shorter than the Nearest Agent heuristic.

In this blog post, Agustin Albinati summarizes the model, introduces the three key considerations when defining the neural net, and presents the results of his team's investigations. Linked at the end of the blog post is a step by step how-to with Pathmind. Read on!

How much will profit increase without this bottleneck? Or how about – If we invest in debottlenecking the whole production line, can we meet our targets? Simple questions and a common approach, but the answers may not be what you expect if you were to ask Dr. Alan Barnard, CEO Goldratt Research Labs.

Read on and find out why...