LTPlabsAdvantages of using digital twins in operations managementAs companies are attributing growing importance to planning, designing, and controlling of operations management, simulation appears as a…Feb 27, 2023Feb 27, 2023
LTPlabsFrom strategy to tactics: using analytics to optimize profitabilityAnalytical management approaches can support the optimization of business processes and product strategy design and implementation with…Feb 24, 2023Feb 24, 2023
LTPlabsDelivering a stellar service level with optimized inventory management strategies: a data-driven…During the pandemic, the rebalancing of the significance of each demand channel (e-commerce, brick-and-mortar, etc.) stressed supply chains…Feb 22, 2023Feb 22, 2023
LTPlabsThe Big Supply CrunchThe global supply chain as we know it has been exposed to its weaknesses in the recent past — whether because of a never-before/seen global…Feb 22, 2023Feb 22, 2023
LTPlabsHow to define pricing and promotions within an omnichannel strategyThe growth in popularity of online shopping — especially during the pandemic — and the increase in the number of online retailers means…Feb 20, 2023Feb 20, 2023
LTPlabsDoes speed hinder quality and customization? The case for digital delivery — LTPlabsLet’s start from common ground: you have a business challenge for which you are presented with one of two evils:Feb 17, 2023Feb 17, 2023
LTPlabsHow to ensure and maximize the organizational impact of an analytical model?Have you ever participated in a fancy analytical project, that promised a complete business revolution, but ended in a deception? You…Feb 15, 2023Feb 15, 2023
LTPlabsWhat is your analytical maturity?The annual value to be unlocked by the different analytical techniques is projected to be around $9.5 trillion to $15.4 trillion. Such…Feb 13, 2023Feb 13, 2023
LTPlabsThe future of retail demands accelerated analyticsThe pandemic has put to light some limitations of current data-driven decision making in retail. Past is no longer enough to predict the…Feb 10, 2023Feb 10, 2023
LTPlabsThe impact of failure in online retailNot being able to deliver the items that customers demand when they demand them has been a long-time struggle for retailers. In online…Feb 8, 2023Feb 8, 2023