Optilogic Cosmic Frog Named Winner of the Risk Management Innovation of the Year Award by SupplyTech Breakthrough Awards
[ANN ARBOR, MI – June 25, 2024] The leading supply chain design software innovator Optilogic today announced Cosmic Frog has been selected as winner in the Risk Management Innovation of the Year category by SupplyTech Breakthrough Awards.
Cosmic Frog is the only supply chain design solution that considers cost, service, and risk, with an automatic risk rating for every scenario. Users can evaluate risks related to natural disasters, political instability, supplier disruptions, transportation disruptions, and other issues that could impact the availability of materials, production capacity, or delivery of goods to customers.
With Cosmic Frog, practitioners can answer “what if” questions like these on risk:
- What if this high-risk facility went offline because of a natural disaster? For three days? For six months?
- What if we lost this supplier indefinitely?
- What if demand increases and we run out of capacity at the DC?
The premise of the SupplyTech Breakthrough Awards program is to research, analyze, and recognize the “breakthrough” leaders in the most competitive categories of technology. With thousands of nominations this year coming in from all over the world, the competition is fierce, and winners across categories include some of the brightest and fastest-growing companies and startups in supply chain technology around the world.
“We’re proud to be recognized by the SupplyTech Breakthrough Awards,” said Rebecca Janowiak, vice president of product management for Optilogic. “By making it possible for companies to automatically consider risk in their supply chain design, Optilogic enables more resilient, profitable supply chains that can withstand today’s disruptive environments.”
Learn more about Cosmic Frog’s risk engine at https://optilogic.com/solutions/supply-chain-risk-resiliency-analysis/.
About Optilogic
Optilogic offers cloud-native supply chain design solutions that enable businesses to evaluate trade-offs across financial performance, service levels, and systemic risk to design resilient supply chains even in the most dynamic, challenging environments. Its Cosmic Frog supply chain design solution tackles enterprise data at scale, runs models faster than ever, automatically converts legacy models, and requires no IT footprint. Cosmic Frog is the only supply chain design platform to combine optimization, simulation, and risk engines, and includes a risk score on every scenario. Solutions include network design, intelligent greenfield analysis and site selection, M&A analysis, near-shoring/reshoring, CapEx planning, cost-to-serve, product flow, and many more. Stay in touch with Optilogic on LinkedIn, Twitter, Facebook, and YouTube and visit www.Optilogic.com.
About SupplyTech Breakthrough
The SupplyTech Breakthrough Awards is part of the Tech Breakthrough organization. For nine years Tech Breakthrough has been providing market intelligence, research and recognition programs in today’s more competitive categories of tech—specifically SupplyTech, Internet-of-Things, Artificial Intelligence, Mobile & Wireless, Digital Health & Medical Technologies, FinTech, CyberSecurity, RemoteTech, and RetailTech. Learn more at https://supplytechbreakthrough.com/.