How machine learning will transform supply chain management: It does a better job of using data and forecasts to make decisions. (Record no. 525663)

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Personal name Agrawal, Narendra et al
245 ## - TITLE STATEMENT
Title How machine learning will transform supply chain management: It does a better job of using data and forecasts to make decisions.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Harvard Business Review
300 ## - PHYSICAL DESCRIPTION
Extent 102(2), Mar-Apr, 2024: p.129-137
520 ## - SUMMARY, ETC.
Summary, etc Businesses need better planning to make their supply chains more agile and resilient. After explaining the shortcomings of traditional planning systems, the authors describe their new approach, optimal machine learning (OML), which has proved effective in a range of industries. A central feature is its decision-support engine that can process a vast amount of historical and current supply-and-demand data, take into account a company’s priorities, and rapidly produce recommendations for ideal production quantities, shipping arrangements, and so on. The authors explain the underpinnings of OML and provide concrete examples of how two large companies implemented it and improved their supply chains’ performance.- Reproduced

https://hbr.org/2024/03/how-machine-learning-will-transform-supply-chain-management
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Main entry heading Harvard Business Review
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP CORPORATE GOVERNANCE
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-04-02 102(2), Mar-Apr, 2024: p.129-137 AR131458 2024-04-02 Articles

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