Process Simulation Applications
How it works
Predictive and process simulation applications are commonly used to inform technical and business processes, including design, development, analysis, operations, and optimization. Simulations look at variables of interest and apply existing or potential policies and systems to generate an understanding of how they will impact the performance of your business processes.
Simulation models have almost limitless application. They are commonly used in manufacturing and technical industries but also relevant to customers, products and employee performance in every sector. They allow you to look at what you can change in a given scenario (i.e. your policies, processes, the number of employees, etc.) and how it will affect your performance.
Traditional simulation models run analytics on existing processes, policies and systems, providing decision makers with “if, then” scenarios and their potential results. In reality, systems do not exist in silos and are affected by multiple decisions across different areas. Our simulation solutions model your business in its entirety, allowing you to make theoretical tweaks and see potential impacts across your organization.
Our simulation models consider the personal influence and real life inputs on performance. When combined with our predictive analytics models, simulations become a powerful tool that allow businesses to consider, and avoid, pitfalls that your competition will not have on their radar.
Examples of what these applications can do for your company:
-Simulating real-life scenarios of how employee working schedules impact your productivity and profitability.
Consider this scenario: your employees are working overtime in your shipping facility and your customers are complaining about long wait times for delivery. We can model potential changes to this scenario to find the best solution to cut down on employee overtime and delivery times;
-Simulating changes to a manufacturing and shipping process flow to show you what process changes will work without having to test them out in real time; or
-Simulating changes to your customer service policies to show you how customer satisfaction rates can be improved.
Check out an example of one of our process simulators: