Tag: behavioural operations management

decision intelligence, Digital supply chain, Positive mindset

Automation has Limits, Learning has no Boundaries

Low-touch, or touchless planning, forecasting and other types of supply chain knowledge work automation have been around for a while now. A trend that started with Robotic Process Automation (RPA) in the back-office, automating dull and repetitive tasks like invoice matching, evolved into cognitive automation and autonomous execution of more advanced supply chain processes using intelligent agents. I envisioned autonomous IBP in 2016 and published … Continue reading Automation has Limits, Learning has no Boundaries

Unknown's avatarNiels3 Comments
Supply Chain

In optimization, settle for the near optimum

As an MSc in operations management, I started my career analysing inventory parameters in a 35 main distribution centre, up to 350 locations, four level multi-echelon inventory network. The odd 100.000 spare parts my department was planning ranged from 0.01 US$ to 200k US$ in cost price and demand ranged from less then 1 spare part a year to over a 1000. The whole goal … Continue reading In optimization, settle for the near optimum

Unknown's avatarNiels1 Comment