Neural Network In SCM?

Theory of Constraints
Knowledge Center

 

Next Topic

Theory of Constraints > Forum > Neural Network In SCM?

Neural Network In SCM?
Venu
Hi, (how) can the concept of Neural Networks be applied in the world of Supply Chain for managing the flow of orders between upstream and downstream systems?
 

 
Neural Network in SCM
Murali Krishna, Entrepreneur, India, Member
Hi Venu, the application of neural networld in SCM is not an isolated process, it needs to be done in conjuction with all other elements of the supply chain. Also, applying it in just one area might prove to be counter-productive to the entire chain.
 

 
Neural Network in SCM
Kunal A Bhat, Consultant, India, Member
Dear Venu, to begin with, a Neural Network (NN) is a technique employed to simulate the human brain in order to achieve memory, recall and presentation of data. A NN alone cannot solve a problem.
Yet, the various possible outcomes of a NN can be used in the larger context of the solution for various objectives such as predicting possible bottlenecks or classifying and filtering out fraudulent orders, or to also segregate and group orders based on their overall traits so that they may accurately and effectively be treated as required for each type.
 

     

Read all responses and join this discussion yourself.
Accelerate your career and personal development with 12manage, the leading management platform.

    Log in


Special Interest Group Leader
Salvador Pena
Business Consultant

Theory of Constraints
Summary
Forum
Best Practices


Theory of Constraints
Knowledge Center

 

Next Topic



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.2 - Last updated: 12-11-2019. All names of their owners.