Lokad Description
All possible futures should be considered. Each possibility must have a probability. All possible decisions must be considered, possibilities vs. probabilities. To prioritize feasible decisions, economic drivers must be considered. Automation is essential for every mundane task. Being in control requires that you are in control. A Supply Chain Scientist must be in control of the numerical results. Lokad videos on Quantitative Supply Chain Pricing, inventory optimization, demand forecasting and pricing are just some of the many topics covered by Lokad. Weekly interviews with supply chain leaders, quick explanations of main concepts, and structured lectures about supply chain. Quantitative Supply Chain is a disruptive and novel approach to optimizing supply chains. It can be viewed as a refounding of many supply chain practices, particularly regarding inventory forecasting. It was built to make the most out of the vast computing resources and statistical approaches that are available today.
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