Artificial intelligence is now touching every industry, including retail, and retailers of all sizes are tapping into the ...
We study the classical multiperiod capacitated stochastic inventory control problems in a data-driven setting. Instead of assuming full knowledge of the demand distributions, we assume that the demand ...
Inventory management has become not just an operational necessity but a strategic cornerstone that can make or break a ...
LONDON--(BUSINESS WIRE)--As a premier analytics solution provider, Quantzig has the responsibility to help businesses tackle demand-supply disruptions, especially at challenging times like these.
The Journal of the Operational Research Society, Vol. 66, No. 2 (FEBRUARY 2015), pp. 331-341 (11 pages) We address the problem of how to determine control parameters for the inventory of spare parts ...
Analyst Insight: AI revolutionizes initial inventory planning and stockpiling by estimating demand even when historical data is missing. This optimizes procurement, reduces costs, and prevents ...