The management of complex production networks is demanding. Often, the necessary transparency is lacking to coordinate demand and production capacities in such a way that goods availability and production costs are in an optimal relationship. How production networks work and how they can be optimized with the help of advanced analytics is what our colleague Marc Johann talks about in his premiere as the second host of “One more thing about…”. Enjoy!

Everything could be so simple if you only had one goal…. But unfortunately, you usually have several, which are also competing with each other. What is the best way to balance these goals?

Optimization and Machine Learning can enhance each other and demonstrate what their combined strength can achieve. A perfect example of this is linear regression. We show you how this works and what you can do with it in this episode.