Features of a Digital Planning Twin

September 29, 2023
MarketScale

 

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.

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