Model building for optimisation: improving efficiency and profitability
11 February 2025 @ 10:00 am - 11:00 am
Presenters – Robert Cordina from Funis Consulting & John McConnell from Smart Vision
In this 60 minute webinar our two presenters, both veterans of advanced analytics, modelling and optimisation, will provide an overview of optimisation theory and the different types of optimisation that can be deployed to solve complex business problems, providing sample use cases for each approach. You will see examples of models for optimisation of cost and time parameters based on real life examples.
You will learn, using pre built examples, how optimisation can remove the time consuming and costly trial and error method that is often the approach taken when tackling multi faceted problems that many businesses face.
The material covered will also provide a useful and practical overview of the technology platforms that are available to build mathematical models for optimisation and how models can be packaged with a custom user interface to deliver an optimisation solution that will fit your specific challenge.
This webinar is designed for anyone, involved in business operations and business processes where process efficiency, and operational profitability is paramount. Optimisation can be put to work in a wide array of sectors and industries where complex operations rely on a range of inputs which can impact efficiency, product quality and ultimately profitability, for example:
- Food production and product development
- Fast moving consumer goods production
- Manufacturing
- Broadcast media which rely on advertising revenue from ad placement
- Optimised scheduling of staff within complex rota systems
- Logistics
- Optimisation of dynamic demand-based pricing
