AI Enabled Optimization: Combining the best of Machine Learning and prescriptive optimization

We know that Optimization tools typically prescribe best-action recommendations, based on certain goals, conditions and potential trade offs. I am an Operations Research enthusiast so optimization methods are close to my heart. However, I believe that optimization methods, when combined with predictive tools, have the potential to deliver greater value to organizations by helping them achieve…

Will you let a Machine take over your inventory planning process? (Part 2/2)

In the first part, I primarily touched upon the limitations of current Off-the-shelf Inventory planning systems . That discussion laid the path to this second part-how we can leverage Machine learning to mitigate those limitations. In this part, we will dive into the crux of it. How exactly we can leverage Machine learning to actually…