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Optimality
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Inventory management always seems to be trade-off between reliable production and low stock levels. By using mathematical optimization, you can have both at the same time.
In production planning, you can get really far with a good rule of thumb. But a lot of potential is lost that way. We explain, how to get an awesome production plan instead of a good one.
Optimization projects are complex. How can we make sure, that our projects are going in the right direction? We divide our projects into 3 phases: the prototype, the minimum viable product and the fully productive product. Let’s see what the first phase is about and what we achieve with it.
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