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January 16, 2020

FICO® Xpress Optimization Innovation Forum

Cleveland, Ohio

 

Event

Date: January 16, 2020

Join us to learn how FICO customers are using Xpress Insight, a scalable, dynamic, and powerful optimization platform for overcoming the most complex business challenges across the entire supply chain lifecycle.

This free, one-day event will include multiple presentations and easy-to-understand technology demonstrations. There will also be plenty of opportunities to ask questions and network with peers and a select group of FICO optimization experts experienced in using advanced analytics for supply chain and manufacturing. Breakfast and lunch are included, courtesy of FICO.
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What you’ll receive at this event

  1. An interactive overview of how FICO Xpress Insight incorporates data and analytics technology to maximize decision execution and automation.

  2. An introduction to Supply Chain Solver, our latest Xpress Insight solution:
  • As an accelerator solution, Supply Chain Solver comes with what-if analysis and user management capabilities, a built-in data repository, load balancing, security and other critical, enterprise-ready features.
  • Plus, it offers the flexibility to tailor solutions to specific business requirements—meaning users don’t have to fit their work into a one-app-fits-all box. 
  1. Real-world examples from several of our FICO Xpress Optimization customers, including:
    • Inventory Management 
      • Challenge: Managing high-cost component inventories during volatile product demand cycles.
      • Results: Seamless data integration with existing ERP systems, no workarounds required; significant reduction of component inventories without affecting desired service levels.
    • Distribution Planning
      • Challenge: Lack of a consistent and coherent view of distribution plans; difficulty meeting SLAs because of last minute conflicts.
      • Results: Ability to adequately address tradeoffs regarding SLAs and customer satisfaction; complete perspective of long-term operating plans, allowing more lead time for managing disruption; 75% reduction in time-to-market solution delivery, compared to the traditional IT-driven approach.
    • Network Design
      • Challenge: Inadequate computational resources for measuring the full impact of any investment across all of the company’s complex supply chains.
      • Results: Answers in minutes rather than months, and at a greater degree of accuracy; interactive dashboards and network graphs that facilitate data input, visualization, and multiple simultaneous scenario comparisons.
    • Production Planning
      • Challenge: Out-of-the-box tools that fall short of production and resource planning needs, as well as real-time plant opening and transportation decision requirements.
      • Results: Projected 10% improvement on controllable supply chain costs; intuitive UI: simple and quick for what-if analyses of changing conditions, but also customizable for specific business rules (e.g., adding tables and columns); optimized solutions obtained within seconds, compared to minutes from competitor applications; customized data importing and exporting features that use client's specific data files and formats.

Who will benefit
Those responsible for making decisions at any point across the supply chain spectrum of PLAN, SOURCE, MAKE, and DELIVER, including these functions:

Plan
• Network Design
• Inventory Placement
• Product Flow-Path Optimization
• Right Size Inventory
• Inventory Forecast
• Demand Horizons/Forecast
• Sales and Operations Planning

Source
• Strategic Sourcing
• Raw Material Procurement
• Supplier Mix and Management
• Spend Analysis
• Contract Management
• Vendor Performance

Make
• Multi-Stage Production Plans (and any delays)
• Production Horizons
• Capacity Planning
• Component Transfers
• Raw Material Procurement
• Production Facility Location

Deliver
• Transportation Optimization
• Load Optimization
• Container Types
• Packaging Options
• Shipping Rates
• Route Planning
• Carrier Allocation
• Transportation Modes
• Strategic Sourcing
• Truck Route Planning and Load Allocation
• Warehouse and Distribution Center Location

We hope to see you there!

The event is entirely free and will be an excellent opportunity to learn from and network with peers and subject matter experts. If you have any questions, email Hugh Allyn at hughallyn@fico.com.

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