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…4 min read·Feb 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…3 min read·Feb 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…4 min read·Feb 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…5 min read·Feb 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…3 min read·Feb 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:5 min read·Feb 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…5 min read·Feb 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…3 min read·Feb 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…2 min read·Feb 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…2 min read·Feb 8, 2023----