Mathematical optimization can be a helpful tool when your decision-making process involves a large number of choices. Rule-based systems make it easy to understand by providing a step-by-step, traceable method. However, optimization models provide better results overall even though they are not always easy to understand. Getting a better understanding of these will require developing a new way of accessing and evaluating results.
Join Rakesh Pillai, Supply Chain Consultant at Arkieva to discuss how to develop a new way of thinking about Supply Chain Optimization. In this webinar, we will go through the following:
- Application of models in supply chain planning
- Rule-based systems and how they help decision making
- Optimization models and how to work with them