Blockchain and Bitcoins

Blockchains and Bitcoin do have applications for supply chains, but not the ones most prominently put forward by software vendors.

Artificial Intelligence

Artificial Intelligence (AI) is an umbrella term that covers many high-dimensional statistical methods such as Deep Learning or Differentiable Programming. These methods can be used in various ways to improve the operational performance of supply chains. However, both problems and solutions differ vastly from mainstream AI problems such as Natural Language Processing (NLP).

Accuracy of Demand Forecasting

Achieving a highly accurate demand forecast is classically considered as the first step towards the optimization of a supply chain. More accurate forecasts are expected to reduce stock levels and to improve service levels.