AI

15 07, 2021

AI case study 2: Efficient inventory management using Artificial Intelligence

2021-07-15T19:16:23+02:00

The Business Problem A major challenge for manufacturing companies is to know what, when, where and how much stock should be ordered and kept. SME’s traditionally calculate this manually using Excel, Google Sheets or other software solutions. These solutions can be automated to an extent and are fairly adequate in most cases. However, [...]

AI case study 2: Efficient inventory management using Artificial Intelligence2021-07-15T19:16:23+02:00
29 06, 2021

AI case study 1: Demand Forecasting using Artificial Intelligence

2021-07-15T19:39:28+02:00

The Business Problem One of the biggest challenges for business executives today is demand volatility in relation to demand forecasting. Whereas data availability continues to increase, customer purchase patterns are becoming increasingly complex, and therefore harder to detect or predict (Symphony Retail, n.d.). There are too many factors influencing demand, ranging from weather fluctuations [...]

AI case study 1: Demand Forecasting using Artificial Intelligence2021-07-15T19:39:28+02:00
19 11, 2020

The difference between Artificial Intelligence and Machine Learning

2020-11-19T08:56:15+01:00

If you want to use AI in supply chain management and want to use AI to automate tasks and provide actionable insights into risks and possible exceptions, the most effective way to achieve this, is to look at the conjuction of Artificial Intelligence (AI) and Machine Learning (ML). However, what is AI and what is [...]

The difference between Artificial Intelligence and Machine Learning2020-11-19T08:56:15+01:00
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