[ANN ARBOR, MI] – September 7, 2023 – Supply chain network design software innovator, Optilogic, announced today the company was named the winner of a Silver Stevie® Award in the Supply Chain Management Solution category in The 20th Annual International Business Awards®.
Optilogic’s Cosmic Frog is the first cloud-native supply chain design platform. One-hundred percent SaaS-based Cosmic Frog network optimization runs 40% faster than competitor solutions, is accessible from anywhere, and uses hyperscaling technology to allow hundreds of models and scenarios to run in parallel on enterprise-scale computing resources.
Companies around the world use Cosmic Frog to design “blueprints” of future supply chain states that consider cost, service, risk, and sustainability metrics.
One judge commented, “100% SaaS solutions that are cloud-native are rare in the archaic world of supply chain software. That they have been able to win notable customers at the pilot stage itself is a remarkable achievement.”
More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Company of the Year, Marketing Campaign of the Year, Best New Product or Service of the Year, Startup of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year, among others.
“We’re thrilled to be recognized by the International Business Awards alongside so many other innovative supply chain companies,” said Rebecca Janowiak, vice president of product management for Optilogic. “By making it possible for companies to ask the right questions about their supply chain design and rapidly assess the entire solution landscape to pick the best strategy, Optilogic is making it possible to build more resilient, profitable supply chains that can withstand today’s disruptive environments.”
The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2023 IBAs received entries from organizations in 61 nations and territories.
Winners will be celebrated during a gala banquet at the Cavalieri Waldorf Astoria Hotel, in Rome, Italy on Friday, 13 October.
Stevie Award winners were determined by the average scores of more than 230 executives worldwide who participated in the judging process in June and July.
“Nominations to the IBAs get better every year, and this year’s class of Stevie winners is the most impressive yet,” said Stevie Awards president Maggie Miller. “The winners have demonstrated that their organizations have set and achieved lofty goals. We congratulate them on their recognized achievements, and look forward to celebrating them on stage in Rome on 13 October.”
Details about The International Business Awards and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA.
Optilogic offers cloud-native supply chain network 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 rating 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 the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.