How Machine Learning Will Help Improve Production Planning

January 19, 2018

In the supply chain we are, largely, at the front of the game when it comes to machine learning and artificial intelligence. Machine learning has been invaluable as we’ve begun to apply it to demand planning, and is helping with forecast accuracy.

However, supply chain leaders are now looking to use the same or similar technology, utilising machine learning and artificial intelligence, to improve the sphere of production planning. Yet this is a much harder challenge to take on compared with demand planning. Read more

How to Maximise Profits by Better Production Planning – Part 2

November 23, 2017

The following white paper is part 2 of a guest post from Argenta – a leading provider of Test, Measurement, Control and Automation solutions. In part 1, Argenta looked at the basic principles of Operational Planning and balancing Capacity and Demand, along with the challenges to achieving effective planning and how to determine the most appropriate planning horizon and units to be used. In this second part they look at how to define Capacity and Demand and the types of tools which are required to support the planning process. Read more