Management Paper: Optimized Decision Making Solutions Vs Traditional APS Systems
In the coming years, we expect to see supply chain businesses making a major shift from “Planning Centric” to “Decision Centric” needs. This also means that traditional Advanced Planning Systems will eventually become obsolete and Decision Optimization Solutions will be in high demand in the future.
More and more companies are investing in algorithm-based solutions that enable their planners and key stakeholders to not only generate and execute integrated, optimized plans, but also to make optimized strategic, tactical, and operational decisions that drive increased efficiency and customer satisfaction and decreased costs.
In the attached ICRON white paper, we examine and explain the differences between traditional Advanced Planning Systems and Optimized Decision Making Solutions, highlighting some of the main challenges of implementing APS systems and the key capabilities of optimization solutions.