000 01332nam a22001457a 4500
999 _c525663
_d525663
008 240402b ||||| |||| 00| 0 eng d
100 _aAgrawal, Narendra et al
_951510
245 _aHow machine learning will transform supply chain management: It does a better job of using data and forecasts to make decisions.
260 _aHarvard Business Review
300 _a102(2), Mar-Apr, 2024: p.129-137
520 _aBusinesses 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
773 _aHarvard Business Review
906 _aCORPORATE GOVERNANCE
942 _cAR