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Supply chain planning can often seem like a lot of trade-offs. Genlots is a company using Reinforcement Learning to optimise the triangle of cash, (inventory working capital and so on), costs, (prices,  delivery, transportation, etc.), and service (customer service, or the service that you give to your production).

I invited Simon Schenker, Founder, and Co-CEO at Genlots to come on the podcast to tell me more.

We had a really interesting chat covering the triangle, how Genlots optimises for that triangle, and how reinforcement learning helps that process out.

It was a fascinating conversation. I learned loads. I hope you do too.

If you have any comments/suggestions or questions for the podcast - feel free to leave me a voice message over on my SpeakPipe page or just send it to me as a direct message on Twitter/LinkedIn. Audio messages will get played (unless you specifically ask me not to).

And don't forget to also check out the 2021 MPI research on Industry 4.0 to find out how to increase productivity, revenues, and profitability for your operations. This global study examines the extent to which manufacturers deploy Industry 4.0 in their business and the benefits it brings.

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If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it.

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