LogicTools: Difference between revisions
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LogicTools Inc. provides strategic [[supply chain]] [[optimization]] software. It offers a suite of supply chain [[planning]] solutions, including [[network design]] and planning, supply chain and [[inventory]] planning and optimization solutions, supply chain scheduling applications, distribution and [[stocking solution, and production sourcing and asset planning solutions. It serves [[consumer packaged goods]], distribution, [[high-tech]], [[manufacturing]], process and chemical, and [[retail]] industries. The company was founded in 1995 and is based in Chicago, Illinois. As of April 11, 2007, LogicTools, Inc. has been a subsidiary of [[ILOG]], which has been acquired by [[IBM]]. |
LogicTools Inc. provides strategic [[supply chain]] [[optimization]] software. It offers a suite of supply chain [[planning]] solutions, including [[network design]] and planning, supply chain and [[inventory]] planning and optimization solutions, supply chain scheduling applications, distribution and [[stocking solution, and production sourcing and asset planning solutions. It serves [[consumer packaged goods]], distribution, [[high-tech]], [[manufacturing]], process and chemical, and [[retail]] industries. The company was founded in 1995 and is based in Chicago, Illinois. As of April 11, 2007, LogicTools, Inc. has been a subsidiary of [[ILOG]], which has been acquired by [[IBM]]. |
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== Products and |
== Products and services == |
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LogicTools provides strategic and tactical supply chain optimization applications based on [[CPLEX]] and designed to complement existing IT applications. LogicTools' products help companies make a wide range of supply chain decisions, from choosing the best strategic network design, deciding on the most efficient sourcing strategy to optimizing inventory placement throughout the different levels of the supply chain: |
LogicTools provides strategic and tactical supply chain optimization applications based on [[CPLEX]] and designed to complement existing IT applications. LogicTools' products help companies make a wide range of supply chain decisions, from choosing the best strategic network design, deciding on the most efficient sourcing strategy to optimizing inventory placement throughout the different levels of the supply chain: |
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| Company type | Subsidiary of ILOG, an IBM company |
|---|---|
| Industry | Supply Chain Management and Applications |
| Founded | 1995 (Chicago, Illinois) |
| Headquarters | Chicago, Illinois |
Key people | David and Edith Simchi-Levi |
| Products | Supply chain consulting services and applications |
Number of employees | 100 |
| Website | ILOG LogicTools supply chain software |
LogicTools Inc. provides strategic supply chain optimization software. It offers a suite of supply chain planning solutions, including network design and planning, supply chain and inventory planning and optimization solutions, supply chain scheduling applications, distribution and [[stocking solution, and production sourcing and asset planning solutions. It serves consumer packaged goods, distribution, high-tech, manufacturing, process and chemical, and retail industries. The company was founded in 1995 and is based in Chicago, Illinois. As of April 11, 2007, LogicTools, Inc. has been a subsidiary of ILOG, which has been acquired by IBM.
Products and services
LogicTools provides strategic and tactical supply chain optimization applications based on CPLEX and designed to complement existing IT applications. LogicTools' products help companies make a wide range of supply chain decisions, from choosing the best strategic network design, deciding on the most efficient sourcing strategy to optimizing inventory placement throughout the different levels of the supply chain:
- LogicNet Plus XE: a packaged network design and planning solution that combines CPLEX with a graphical user interface to manage complex supply chains
- Carbon Footprint Extension for LogicNet Plus XE: a network design and planning solution that helps companies understand the impact of their supply chain decisions on their carbon footprint
- Inventory Analyst: a Web-based, multi-echelon inventory optimization solution that provides end-to-end functionality for manufacturers, retailers and distributors
- Product Flow Optimizer (PFO): an integrated stocking and distribution strategy solution for supply chain and inventory optimization
- Plant PowerOps: a process optimization solution that addresses key production issues in the food and beverage, chemical, pharmaceutical, and other consumer packaged goods (CPG) industries
- Transportation Analyst: a logistics solution that quickly analyzes different strategies for delivering products and assigning transportation assets (e.g., trucks and warehouses).
Key people
- David Simchi-Levi, Ph.D., Co-Founder and Consultant
David Simchi-Levi, PhD, serves as Chief Science Officer of ILOG. Dr. Simchi-Levi co-founded of LogicTools Inc. (now part of ILOG) in 1995 and serves as its Consultant. He serves as the editor-in-chief of Operations Research, the flagship journal of INFORMS. He also served as the editor-in-chief of Naval Research Logistics. He served as Chief Executive Officer of LogicTools Inc. He served positions in leading academic institutions, including Berkeley, Columbia University, University of Illinois Urbana-Champaign, University of Michigan, Purdue Universtiy, Georgia Tech, and Virginia Tech. He served as Chairman and Director of LogicTools, Inc. He served as Member of the board for several scientific journals. Dr. Simchi-Levi serves as Professor of Engineering Systems of MIT. He has won awards for his work in supply chain, logistics, and transportation. He has consulted and collaborated extensively with private and public organizations. He is co-author (with Julien Bramel) of "The Logic of Logistics," published by Springer in 1997. His new book, "Designing and Managing the Supply Chain," co-written with Philip Kaminsky and E. Simchi-Levi was published by Irwin/McGraw-Hill in August 1999. The book received the book-of-the-year award and the Outstanding IIE Publication award given in 2000 by the Institute of Industrial Engineers. Dr. Simchi-Levi received his Ph.D. in operations research from Tel-Aviv University.
- Edith Simchi-Levi, Vice President of Operations
Edith Simchi-Levi is a Co-founder of LogicTools, Inc. and also serves as it's Vice President of Operations. Ms. Simchi-Levi has extensive experience in software development and numerous consulting projects in logistics and supply chain management. She co-wrote "Designing and Managing the Supply Chain" and other publications related to supply chain management and e-business. She received her B.S. in Mathematics and Computer Science from Tel-Aviv University.
- Dan Vanden Brink, Vice President of Consulting and Director of Professional Services
Dan Vanden Brink has been Vice President of Consulting of LogicTools, Inc. since October 2005 and serves as its Director of Professional Services. In his most recent corporate role, Mr. Vanden Brink was Director of Supply Chain Practice at SSI/Orion consulting, building a 50 person team for the Chicago office. He has performed many roles at SSI/Orion consulting, from consultant to account manager. He has also worked at US Robotics and ITT Industries in Industrial Engineering and Manufacturing roles. Mr. Vanden Brink also serves as an Adjunct Professor at Illinois Institute of Technology's Stuart School of Business teaching classes in Operations Management, Strategy, and Supply Chain Management. He has a BSc in Industrial Engineering from Iowa State University and an MBA in Operations Management from the Illinois Institute of Technology. He is currently completing his PhD in Operations Research with his dissertation focusing on Capacity Planning and Decision Theory.
- Shaishav Dharia, Vice President of Consulting
Shaishav Dharia has been Vice President, Consulting of LogicTools, Inc. since December 2004. Mr. Dharia served as Director of Consulting at LogicTools. Prior to joining LogicTools, Mr. Dharia was employed by BearingPoint as a Manager in their Supply Chain Practice and International Paper as an Operations Research analyst in their Converting division. The industries in which Mr. Dharia has specific experience include Retail, Consumer Packaging, Chemical, Telecom and Pulp and Paper. He holds a Master's degree in Industrial Engineering / Operations Research from Georgia Institute of Technology and is currently completing his MBA at the University of Chicago. He also holds a Bachelors degree in Mechanical Engineering from the University of Mumbai, India.
- Derek Nelson, Vice President of Product Development
Derek Nelson serves as Vice President, Product Development of LogicTools, Inc. Mr. Nelson holds a M.S. in Operations Research from [[Cornell University and a B.S. in Industrial Engineering and Management Science, Magna Cum Laude, from Northwestern University.
Recent developments
On April 11, 2007, ILOG completed the acquisition of LogicTools, a Chicago-based provider of supply chain planning applications specializing in network design and inventory optimization. LogicTools’ applications are based on the ILOG CPLEX optimization product.
On July 28, 2008, IBM and ILOG announced an agreement regarding a proposed acquisition by IBM of ILOG.
On January 6, 2009, the acquisition of ILOG by IBM was completed .
Books
- "Designing and Managing the Supply Chain," by by David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi (McGraw-Hill Education, 2007)
- "The Logic of Logistics," by David Simchi-Levi, Julien Bramel and Xin Chen (Springer, 2005)
- "Managing the Supply Chain: The Definitive Guide for the Business Professional," by Edith Simchi-Levi and Philip Kaminsky (McGraw-Hill Professional, 2004)
- "Designing and managing the supply chain concepts, strategies, and case studies," by David Simchi-Levi, Philip Kaminsky and Edith Simchi-Levi (Irwin/McGraw-Hill, 2000)