12min chapter

Supply Chain Now cover image

Data-Driven Revolution: Shaping the Future of Supply Chain Planning

Supply Chain Now

CHAPTER

The Importance of Data in Supply Chain Planning

This chapter emphasizes the significance of gathering data from both within and outside of a company's four walls to make informed decisions in supply chain planning. It discusses the use of data to improve demand forecasting, make decisions from a supply perspective, and evaluate suppliers. The chapter also explores the role of AI in supply chain planning and provides an overview of different types of machine learning algorithms.

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