Applications of Machine Learning in the Supply Chain

Abstract

In this talk we will explore the possibilities of machine learning in supply chains and logistics. We will see that modern machine learning methods, often in a black box fashion, allow us to move from model-driven decision-making to data-driven decision-making. This results in high levels of flexibility and agility, which is of ever-increasing importance in fast-paced supply chain and logistics environments. We will lay out the foundation of this paradigm and look at specifics examples from the supply chain and logistics context.