What Can Optimization Do?
Whether the problem is large or small, straightforward or complex, optimization supports decision-making across a wide range of industries.
Firms in the following industries use optimization software to solve business problems ranging from long-term planning to real-time scheduling and rescheduling.
Applications in a range of industries:
Manufacturing
Production planning and sourcing
Order fulfillment and promising
Supply chain management
Detailed production scheduling (discrete, process, semiconductor)
Inventory and warehouse network design
Capacity planning
Procurement management
Transportation
Network design
Transportation mode and container size selection
Crew and driver scheduling
Container and truck loading
Transportation procurement
Vehicle routing and scheduling
Yield and revenue management
Gate/dock assignment
Traffic planning and rescheduling
Harbor and port management
Financial services
Portfolio optimization
Fund rebalancing
In-kinding
Loan configuration/online lending
Block trading
Trade crossing
Loan pooling
Collection recovery
Energy and utilities
Electric power generation/unit commitment
Power, natural gas and water distribution
Oil and gas production
Water resource management
Hydroelectric power valuation
Package bidding auctions
Marketing and sales
Campaign optimization
Price optimization
Product configuration/recommendation
Retail display
Collections and recovery
Cross-industry applications
Marketing Campaign optimization
Price optimization and yield management
Product configuration/recommendation
Retail display
Collections and recovery
Workforce planning and scheduling
Maintenance planning and scheduling
Inventory planning and scheduling
Route planning and scheduling
Event/class scheduling
Portfolio management
Capital budgeting and rationing
Cash management
Package bidding auctions

