Industries
Princeton Consultants has been an industry innovator and trailblazer since our founding in 1981. Our systems are used today for planning and real-time operation for many of the largest transportation and supply chain networks in the world, including global package delivery companies, Class I freight railroads, North America’s largest shared rail car pool, global multimodal / intermodal networks, national and regional TL / LTL fleets, the largest air cargo outsourcer, and one of the world’s largest passenger airlines.
Efficient Transportation through Optimization
All modern transportation and supply chain networks share the need to plan and execute to the highest standard–balancing cost efficiency with service. Princeton Consultants blends the best of innovative optimization know-how with project management and implementation experience in headquarters and field installations. Our commitment is to help our clients achieve their optimal performance.
Key Results
High-value Optimization Target Areas
Companies we serve
Our clientele includes leaders across transportation modes:
as well as related sectors and parties:
Princeton Consultants has successfully designed and implemented optimization technologies in leading media companies, including two of the three largest commercial printers and one of the world’s best-known business publications.
Optimizing Media Assets
As the media industry rapidly evolves, optimizing every decision and asset – transforming formerly manual processes to real-time decision making — is essential for survival and growth.
Representative Projects:
Do we respond as well as we can to an advertiser’s demands? Could we make better decisions about our equipment if our managers were assisted with software? Can we accept more last-minute insertions cost-effectively? Customized optimization is ideal for unique, time-pressured business environments like newspapers. Magazine fulfillment costs continue to rise, and advertisers increasingly customize their editions according to more targeted demographics and geography. Optimization is the answer.
Princeton Consultants has earned a reputation for exceptional performance during more than 40 years of working with the Financial Services industry. Clients have ranged from the world’s largest insurance companies and banks to high frequency hedge funds. In the front, middle and back office, we have employed optimization to improve return and reduce risk.
A Target-Rich Environment
Many executives probably assume that Financial Services is absolutely saturated with optimization for decision making in all areas. As those of us on the inside know, this is far from the case.
Yes, it is true that many important decisions are made using sophisticated optimization technologies. In fact, Princeton Consultants has been an innovator in building many of these applications, such as high frequency, black box trading platforms and portfolio and risk analytics. However, to say there is still fertile ground in the front, middle, and back office to improve decision making with optimization is an understatement.
The use of overly simplified spreadsheet models to evaluate and solve complex problems is as widespread as it is dangerous. Spreadsheets are highly susceptible to manual errors, and they are notoriously unsophisticated.
We help our clients drive faster and better decisions by moving from their spreadsheet-driven models to rigorous, powerful optimization techniques.
Sectors we serve
Results
Throughout our history, Princeton Consultants has succeeded because we are a different consulting firm. To assess different strategic choices with maximum clarity and rigor, we employ the very same optimization models that we develop for detailed operations. Private equity and executive management recognize the advantage of our unique approach to analyze and lead game-changing productivity improvements.
Innovation
We partner with our clients on projects that embody innovation:
Strategy Assignments
In this area, a project’s purpose is to analyze strategic, executive choices that the client is evaluating. We build a highly customized application that goes beyond the classic, static spreadsheet model and actually optimizes across dozens or hundreds of variables to recommend the best combinations.
New Industries or Applications
Princeton Consultants works enthusiastically with clients outside of our traditional core industries. In such cases, we say, “you bring the Subject Matter Expertise, and we’ll bring the math.” We are energized about areas in which no prior optimization has been successfully achieved, and we relish working with a sponsor with new or original ideas about building a business or service that would not be possible without optimization.
Results