Procurement Process Optimization with Python

<p><strong>Procurement management</strong>&nbsp;is a strategic approach to<em>&nbsp;</em><strong>acquiring goods or services</strong>&nbsp;from preferred vendors within your determined budget, either on or before a specific deadline.</p> <p>Analytics with Python can help you balance&nbsp;<strong>supply&nbsp;</strong>and&nbsp;<strong>demand to ensure</strong>&nbsp;a&nbsp;<strong>minimum level of inventory</strong>&nbsp;to meet your store&#39;s demand.</p> <p>In this article, we will present a simple methodology using&nbsp;<strong>Non-Linear Programming</strong>&nbsp;to design an<strong>&nbsp;optimal procurement strategy&nbsp;</strong>for a&nbsp;<strong>mid-size retail store&nbsp;</strong>considering:</p> <p><a href="https://towardsdatascience.com/procurement-process-optimization-with-python-a4c7a2e3ba76"><strong>Read More</strong></a></p>