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Navigating Uncertainties in Supply Chains
Manage episode 453705651 series 3503208
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Karl Siebrecht and Ben Dean explore the challenges and strategies for navigating supply chain uncertainties. Kris Ferreira, an Associate Professor at Harvard Business School, discusses the role of algorithmic decision-making in improving supply chain predictions, while Rick Watson, CEO and Founder of RMW Commerce, shares insights on managing market, global, and workforce uncertainties and the critical need for agility in modern supply chains.
Key topics discussed:
- When and how to use AI tools effectively and their integration with human expertise in reducing uncertainty.
- The challenges of sharing data across supply chain nodes and its impact on overall optimization.
- How time horizons affect the accuracy and applicability of demand forecasting models.
- The shift towards agility and resilience as core principles for navigating supply chain disruptions.
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