What every CEO must understand about probability
“OK, the AI says our sales next month will be $252 million. How confident is it about that? 50%? 70%? 90%” Here we have a… Read More »What every CEO must understand about probability
“OK, the AI says our sales next month will be $252 million. How confident is it about that? 50%? 70%? 90%” Here we have a… Read More »What every CEO must understand about probability
COVID-19 is not just a shock to the system for the world’s supply chains. Markets have changed fundamentally and permanently. According to a study by… Read More »No new normal: Demand forecasting after COVID-19
To make our supply chains smarter, we can optimize its structure or how we control the processes of a given supply chain structure. For extremely… Read More »A gentle introduction to simulation for supply chain optimization
Podcasts are one of my favorite ways of learning, especially when driving. If you obey the laws of statistics, that is probably true for you… Read More »The 3 best Supply Chain optimization podcasts
In step 3 of this series, we designed a simple model and algorithm on which to build a simulator to better manage our wind turbine… Read More »The AI value catalyst step 4: Observing
In step 2, we designed the simulator which will enable us to improve decision making on predictive maintenance for our wind turbine drivetrains. We decided… Read More »The AI value catalyst step 3: Understanding
This is the 3rd post in the AI Value Catalyst series. The previous post can be found here. In step 1, we identified the most… Read More »The AI value catalyst step 2: Building the right simulator
This is the 2nd post in the AI Value Catalyst series. The previous post can be found here. Every day, every business in the world… Read More »The AI value catalyst step 1: Target the right decision
How to get more value from AI with less risk AI is transforming businesses, creating winners and losers at an ever accelerating pace. Three-quarters of… Read More »The AI Value Catalyst