Using Simulation to Move beyond the Limitations of Spreadsheet Models

  • Source: GoldSim
  • Written By:
  • Published:
  • (Originally Published On:) )
Spreadsheets are great for accounting, but they simply don’t cut it when you need to build realistic and dynamic models of complex business and engineering systems. What can you do when your calculations—and your need for visibility and risk management—demand more than rows and columns? Create and manipulate data and equations, and predict the future behavior of systems, with a flexible, object-based simulation platform.

Featured Software Research:

Budgeting: Beyond Spreadsheets

  • Source: IBM
  • Written By:
  • Published:
Corporate planning, budgeting and forecasting, and the attendant reporting, can be a major factor in a company’s success or failure. Spreadsheet-based planning can prove to be confusing and unorganized, which only costs the company more time and money. Read how the advanced capabilities of IBM Cognos TM1 could potentially streamline your workflow and accelerate your planning, budgeting, and forecasting processes. Read More

Selecting ERP for Oil and Gas Industry Contractors and Vendors

  • Source: IFS
  • Written By:
  • Published:
Suppliers to the oil and gas industry are under more pressure than ever before to increase quality, collaborate closely with the customer, and take on more project risk. Learn how enterprise resource planning (ERP) helps engineers procure construction companies, equipment fabricators, and service providers to meet the new demands from oil and gas companies. Download this white paper to learn more. Read More

You may also be interested in these related documents:

Using GoldSim and Dynamic Simulation to Support Integrated Water Resources Management

Integrated water resources management (IWRM) is a framework that supports collaboration and fosters proactive decision making for efficient management of scarce water resources. GoldSim is a software tool for conducting simulations of complex systems to support management and decision making in engineering, science, and business. This paper provides a brief overview of GoldSim, with special emphasis on IWRM applications. Read More

Tips for Successful Practice of Simulation

A simulation project is much more than building a model. And the skills required go well beyond knowing a particular simulation tool. This paper discusses some important steps to enable project success and some cautions and tips to help avoid common traps. Read More

Are Spreadsheets Sabotaging Your Profits?

Due to their limitations, using spreadsheets to manage mission-critical business functions is an unacceptable risk. The requirements for finding the right inventory in the right place at the right time are being hampered by spreadsheet forecasts based on inappropriate source data. Packaged software with inventory management and collaborative capabilities will give your supply chain a competitive advantage. Learn how. Read More
comments powered by Disqus