Course Details
Your Growth, Our Mission
Course Description
Logistics and Supply chain optimization is the adjustment of a supply chain's operations to ensure it is at its peak of efficiency, with the ability to reduce and tackle the risks related to the possible sustainability and interruptions of the Supply Chain, leading to the Supply Chain and Logistics 4.0.
As the availability of the data grows so that the opportunity to move away from the previously used techniques of forecasting and transfer into the realm of Big Data and Artificial intelligence. Data Analysis, planning and real time reaction to the changes in supply chain become the “must haves”, and with the use of the tools available for the Big Data analysis and dynamic simulation we are able now to have a glimpse into the future and make a decision based on the dynamic simulation of agent and processes behavior.
This course is there to help institutions, companies and individuals transform their existing supply chain to a Supply Chain 4.0, utilize Machine Learning tools and techniques and be competitive within the fourth industry revolution.
The Training Course Will Highlight ?
This seminar will highlight:
- What are the Big Data sources in Supply Chain and Logistics and their utilization,
- Methods for machine learning and its use for forecasting,
- Using analysis results for a dynamic simulation basis,
- Cost reduction trough predictive analytics,
- Decision making in real time,
- Forecasting the events based on complex behavior analysis and pattern recognition.
Training Objective
Course Objectives:
By the end of this course the delegates will:
- Learn how to utilize Machine Learning in Supply Chain Management.
- Learn new concepts from industry proven examples,
- Gain a foundational understanding of a subject and the use of AI within Supply Chain,
- Develop job-relevant skills with hands-on projects and examples.
- Create virtual models of Supply Chains.
Organizational Impact:
Working within high level and influence of competition, as they will be able to test the solutions and analyze the data, organizations can expect to benefit from:
- The use of tools for the simulation of supply chain and logistics processes
- Big Data sources within their own Supply Chain,
- Interoperability with other Supply Chains,
- Machine Learning based on the real time cost/benefit analysis,
- Easy and fast short-term forecasting for immediate decision making,
- Moving the cumbersome decision making to artificial intelligence field and
- Enabling people to make long terms decisions.
Personal Impact:
Delegates will learn how to perform the supply chain process design, identification of the distribution patterns and how are they implemented into the simulations, use of software for simulation of Supply Chain and Logistics processes, and creation of Machine Learning and AI algorithms:
- Simulation techniques, advantages and limitations
- Step-by-step process of Supply Chain improvement trough Machine Learning
- How to use Machine Learning and AI in their decision process?
Target Audience
This training course is suitable to a wide range of professionals but will greatly benefit:
- Operation Managers
- Project Managers
- Supply Chain Managers
- Risk Managers
- Plant Managers
- Production Planners
- HR Managers
- Logistics Managers
- Plant Managers
- Bossiness Improvement Specialists
Training Methods
The delegates will be walked through the examples of using the software for Supply Chain design, market planning, inventory optimization, warehouse practices improvement, risk management and customer satisfaction measurement.
Delegates will go through the step-by-step process of creating the supply chain process, performing the risk assessments, acquiring and analyzing the results and preparing the recovery measures, and using Machine Learning algorithms best utilized within the Supply Chain.
The delegates will create simulation models based on the real life data, and will be encouraged to simulate the processes they are already working on. The focus is on the actual work of the delegates and their effective use of software.
Daily Agenda
Supply Chain and Machine Learning Introduction
- Use cases of machine learning in the supply chain
- General artificial intelligence concepts
- Vision of the Supply Chain 4.0 and the future of Logistics
- Exercise: machine learning model for Supply Chain
- Exercise: Supply Chain modelling trough AI
Concepts relating to the ML paradigm
- How to pick the right model for Supply Chain
- Data Driven Supply Chain Optimization
- k-means,
- Apriori,
- Aykin and Babu algorithms
- Exercise: Use of Big Data within AI software
Machine learning on images and text
- Framework oriented on customer requirements
- Exercise: Creating a model of customer behavior
- Optimization of distribution
- Natural language processing
- Exercise: Creating and evaluating distribution network models
- Optimization of inventory management
- Exercise: Modeling inventory management policies
Optimization of manufacturing process and AI for detecting anomalies
- Optimizing product design and innovation
- Optimizing the production process
- Exercise: Creating a Supply Chain network
- Using created models as agents for future models creation
Accreditation
BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.
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