supply chain 2017
Supply Chain 2017 – Digitalization, Automation, And Innovation
Machine learning will be seen touching most supply chain processes, starting right with demand sensing and forecasting to inventory management, manufacturing, warehouse management, and transportation. In the process, we will see a significant improvement in the accuracy of forecasts and efficiencies of these processes. What today takes months for demand planners to achieve in terms of forecast accuracies will be the starting point for the machine learning algorithms, which will learn and self-correct rules based on market conditions.