18min chapter

First Principles cover image

From succeeding in overcrowded markets to creating customer delight, five founders share their secrets

First Principles

CHAPTER

Optimizing Operations and Forecasting Demand in Supply Chain Management

This chapter explores the intricacies of optimizing operations in supply chain management, emphasizing the importance of technology and efficient business processes. It discusses the challenges faced in forecasting demand for perishable goods and the evolution from manual forecasting to utilizing data science and AI. The chapter also touches on the strategic decisions, challenges, and innovations involved in introducing branded staples in a competitive market.

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