One more thing about...
Phase 1: The Prototype
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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!
Most of the time, when we talk about optimization, it’s about cost, that is, money. But with optimization you can achieve so much more than just saving money: For example, minimizing Co2 emissions. We show how it can be done.
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.
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