Supply Chain Process Optimization Using Linear Programming

<p>Understand the analogies between supply chain optimization problems and linear programming framework.</p> <p><strong>Introduction</strong><br /> A supply chain is a goal-oriented network of&nbsp;<strong>processes&nbsp;</strong>and&nbsp;<strong>stock points</strong>&nbsp;used to deliver goods and&nbsp;<strong>services to customers</strong>.</p> <p>After more than six years of experience&nbsp;<strong>designing and optimising Supply Chain processes</strong>, I noticed a pattern in the type of problems to solve.</p> <p>They follow a similar structure that aims to maximize (or minimize) an&nbsp;<strong>objective function</strong>&nbsp;by influencing&nbsp;<strong>key parameters</strong>&nbsp;while respecting some&nbsp;<strong>constraints</strong>.</p> <p><a href="https://towardsdatascience.com/supply-chain-process-optimization-using-linear-programming-b1511800630f"><strong>Website</strong></a></p>
Tags: Supply Chain