Value chain optimization involves the agile optimization of feedstocks and other inputs with products and operations to reflect market demand and prices. This requires alignment of asset and supply chain activities. Future optimization technology will need to continue addressing linear and non-linear interactions through a combination of statistical and first principles methods, while becoming increasingly connected and adaptive.
In this panel discussion we look at the future of model-based optimization, associated technologies and how asset and supply chain optimization can be digitally transformed in the future.