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Machine learning has been successfully applied to demand planning, but leading suppliers of supply chain planning are beginning to work on using machine learning to improve production planning. But architecturally and culturally, this is a much tougher problem than machine learning applied to demand planning. In the $2 billion-plus supply chain planning market, ARC Advisory Group's latest market study shows production planning as being a critical application SCP solution representing over 25 percent of the total market. Production planning applications are used for both planning daily production at a factory to creating weekly or monthly plans to divvy up the production tasks that need to be accomplished across multiple factories. Machine learning is a form of continuous improvement.
Dec-12-2017, 22:59:56 GMT