In this book .
The first two parts of the book discuss classical mathematical models, their limita.
The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization.
In order to optimize Inventory policies, we have to use probabilistic simulations. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical Inventory models can only take us so far with supply chain management.
Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. . . .
This book illustrates how the quantitative Optimization of 21st century supply chains should be crafted and executed.
Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations. . .
In this book .
Inventory managers, demand planners and academics interested in gaining cost-effective solutions will benefit from the do-it-yourself examples and Python programs included in each chapter.
Part 4 discusses Inventory Optimization thanks to simulations under custom discrete demand probability functions.
It also provides an explanation of how you can optimize a multi-echelon supply chain based on a simple-yet powerful-framework.
Part 3 contains more advanced models that will allow you to optimize your profits, estimate your lost sales and use advanced demand distributions.
The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided.
The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization.
In order to optimize Inventory policies, we have to use probabilistic simulations. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical Inventory models can only take us so far with supply chain management.
Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. . . .
This book illustrates how the quantitative Optimization of 21st century supply chains should be crafted and executed.
Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations. . .
In this book