In a compelling dialogue, Carlos Centurion of RiverLogic and Pierre Mallet from Accenture dissect the evolution of supply chain management amidst global disruptions like COVID-19, highlighting a shift from traditional forecasting to dynamic planning transformations. Despite the challenges of deploying complex planning software, they stress the importance of a streamlined approach for enhanced efficiency.

Pierre outlines a concise five-step strategy for overhauling supply chain planning, emphasizing the crucial role of understanding business intricacies, segmenting demand, and leveraging advanced forecasting. This strategy is supported by RiverLogic's nimble solutions, which facilitate quick adaptation to business needs and enable scenario planning with artificial intelligence. Their conversation underscores the essential shift towards simplified, technology-enabled planning methods to ensure resilience and operational success in today's volatile business landscape.

In this engaging podcast, Carlos Centurion, President of River Logic, sits down with Lee Devasier, Vice President of Logistics and Network Strategy at Pitney Bowes, to delve into the intricacies of mastering value chain optimization and the ongoing business transformation journey.

Pitney Bowes, a global commerce company, embarked on this transformation eight years ago, triggered by an acquisition that brought an existing parcel processing network into focus. The discussion revolves around key questions: Are facilities in the right locations? Are they the right size? Does the network connectivity meet the necessary criteria for cost control and service expectations?

Lee highlights the crucial role of a detailed digital representation of Pitney Bowes' value chain, which includes thirteen facilities, third-party transportation, and decision-making processes for insourcing versus outsourcing. This model empowers them to optimize the network, leading to the closure of legacy facilities and a central node, resulting in increased profitability.

According to Aaron Berg, River Logic's VP of Strategy, a Digital Planning Twin is essentially a comprehensive model that encapsulates the entire value chain of a business. Within this model, intricate details about the capabilities and constraints of the business are defined, spanning from manufacturing options to operational capacities.

The core essence of this model lies in its ability to answer critical questions about optimal production strategies. For instance, it can suggest the most efficient way to manufacture products to maximize profits or minimize costs based on the provided data.

The ultimate goal is to craft a well-informed plan that aligns with the capabilities of the business while meeting predefined objectives.

According to Aaron Berg, VP of River Logic Strategy, the Digital Planning Twin, specifically within River Logic's system, is distinguished by its meticulous cost modeling approach. In crafting a comprehensive plan for production volume, a key concern is predicting the resultant financial outcomes.

This necessitates a detailed breakdown of costs into their essential drivers within the business structure. Rather than providing a fixed cost, this approach involves specifying raw materials, considering procurement options, and accounting for various cost implications tied to different vendors.

Additionally, it encompasses production-related costs like electricity, packaging, and labor, with a nuanced understanding of labor costs tied to specific work centers and production throughput. The result is a tool that not only forecasts costs accurately but also offers insights into optimizing shifts, overtime, and inventory, ensuring economic fidelity in planning and decision-making.

River Logic's VP of Strategy, Aaron Berg, discusses the beneficial features of their own Digital Planning Twin.

Digital Planning Twins offer a comprehensive view of business operations, combining high fidelity representations of the value chain, including both operational and financial components.

The consideration of financial impacts and profitability is a crucial aspect, guiding strategic decisions. Detailed product cost analysis, encompassing variables like raw materials, is undertaken in various scenarios, ensuring a deeper understanding beyond average production costs.

Financial intricacies such as payment terms and depreciation are seamlessly integrated into the production process, enhancing accuracy. By optimizing business options and evaluating myriad possibilities, these planning twins empower organizations to make informed, goal-oriented decisions, aligning plans with their capabilities and maximizing profits.

Creating a value proposition for sustainability means more than crafting a statement; it’s a commitment to change from the top down.

Are businesses effectively aligning sustainability initiatives with their core value chains to optimize operations and contribute to a sustainable future?

In the fast-evolving landscape of modern businesses, sustainability has emerged as a critical concern. With increasing awareness and environmental regulations, companies feel compelled to adopt sustainable practices. Still, the value proposition for sustainability must align with a company’s vision and core tenets. Otherwise, it’s nothing more than inspiring words.

In this episode of RealTalks by River Logic, host Michelle Dawn Mooney explores the strategies of integrating sustainability within business value chains with her guest, Aaron Berg, the Vice President of Strategy for River Logic. Berg possesses two decades of expertise in decision support, digital planning, and mathematical optimization. He played a pivotal role in shaping River Logic's trajectory and has been a leader in the field of sustainability.

Mooney and Berg’s discussion includes:

• Understanding the importance of sustainability in today's business landscape

• Aligning sustainability initiatives with the value chain strategy for maximum impact

• The role of technology in enhancing sustainability efforts within the value chain

In today's volatile business landscape, finance leaders are continuously seeking innovative strategies to navigate uncertainty and make informed decisions. Carlos Centurion, the President of River Logic, sat down with Supply Chain Vice President at Eco Material Technologies, Terese Hunwick, to uncover how they have utilized eco-material and digital twin technology to support robust what-if analysis on the financial front. The insights we gained shed light on a transformative approach that is revolutionizing financial decision-making.

RiverLogic's integration of eco-material and digital twin capabilities has been instrumental in empowering finance leaders to conduct comprehensive what-if scenario analysis. Carlos Centurion, President at RiverLogic, sheds light on their process, highlighting its simplicity and effectiveness.

Through the utilization of a digital twin, RiverLogic runs simulations for the next 24 months on a monthly basis. This allows them to stay proactive and respond swiftly to emerging situations or potential disruptions on the horizon. When a scenario arises that demands evaluation of its financial impacts, RiverLogic performs a sensitivity analysis tailored to the specific situation. In fact, they often run multiple sensitivities within a month to quantify the potential effects accurately.

This agile and data-driven approach equips finance teams with the necessary insights to communicate the financial implications of various scenarios to stakeholders effectively. By leveraging the power of eco-material and digital twin technology, RiverLogic ensures that finance leaders can make informed decisions with a clear understanding of the potential outcomes.

The integration of eco-material and digital twin technology marks a significant milestone in financial analysis. Finance leaders can now navigate the complex and volatile environment with confidence, armed with a comprehensive understanding of the financial impacts of different scenarios. This empowers them to communicate effectively, align strategies, and make well-informed decisions that drive sustainable business growth.

RiverLogic's innovative approach serves as a testament to the transformative power of eco-material and digital twin technology in supporting what-if analysis on the financial side. By leveraging this advanced methodology, finance leaders can anticipate challenges, assess potential risks, and proactively explore opportunities, ultimately leading to improved financial performance and resilience.

In conclusion, the integration of eco-material and digital twin technology has revolutionized the way finance leaders approach what-if analysis. RiverLogic's forward-thinking strategy enables them to run simulations, conduct sensitivity analyses, and effectively communicate the financial impacts of various scenarios to stakeholders. By harnessing the potential of these cutting-edge tools, finance leaders can navigate uncertainty, drive informed decision-making, and secure a prosperous future for their organizations.

Main Points of Conversation:

Understanding the concept of a digital planning twin and its role in connecting decisions from strategy to tactics across the entire value chain.

Real-world applications and success stories of using a digital planning twin in business, focusing on the example of Eco Material Technologies.

The benefits of a digital planning twin, including improved profitability, optimized partnerships, and enhanced forecasting capabilities.

Guest Bio: John Barclay is the National Truck Transportation Director for Eco Material Technologies, an industry-leading company specializing in coal combustion products. With extensive experience in supply chain management, John has played a crucial role in implementing the digital planning twin at Eco Material Technologies, leading to significant improvements in decision-making processes.

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RiverLogic's revolutionary approach allows partners to focus on essential questions, eliminating the arduous search for answers. By automating heavy lifting, the platform empowers quick exploration of numerous scenarios, transforming data into a powerful communication tool. Philip delves into the immense value RiverLogic brings to consulting projects, commoditizing the best answers and delivering flexible solutions tailored to each client's unique objectives.

Philip highlights the platform's technical value in building repeatable projects, boasting a flexible modeling structure driven by data representation. With closed-loop planning, businesses can make interconnected decisions, bridging the gap between strategic, medium-term, and operational choices. RiverLogic's mission is clear - to empower organizations with realistic insights for informed decisions that drive success.

Join us in this insightful conversation as we unravel the boundless potential of RiverLogic in making connected decisions a reality for businesses worldwide.

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