River Logic Inc, a provider of prescriptive analytics software, announced Chilean producer Cemento Melón will implement an Integrated Business Planning solution based on its Enterprise Optimiser® (EO) prescriptive analytics platform.
The implementation will be led by River Logic Chile, a professional services company that has partnered with River Logic to deliver value chain optimisation solutions in Latin America. The Integrated Business Planner™(IBP) solution will allow Cemento Melón to integrate Finance with the Sales & Operations Planning (S&OP) process, optimizing demand, supply, production, distribution, and investment capital decisions while meeting the needs of customers.
Antonio Lira, Strategy Lead at Melón pointed out, “we have very high expectations from the Integrated Business Planning project. The high level of complexity and competitiveness in our industry requires us to continually find more efficient solutions that improve our EBITDA.”
Lira continued, “we are convinced that the IBP solution will enable us to accurately model the business, including the financial and operational complexities and through the application of prescriptive analytics will provide us with the superior decision-making ability required in modern management.”