Lokad a republié ceci
My supply chain talk given at SCTech 2024 on October 9th. ISCEA -International Supply Chain Education Alliance https://lnkd.in/eKnciRFM #supplychain #genai #digitaltransformation #lokad
Quantitative supply chains are the future: where every possible future gets a probability, where every possible decision gets an economic score, and where control is given back to management thanks to extensive automation. Lokad's goal is to make this future a reality. We help companies do more with their supply chains, their inventories and their production capacities than classical methods would ever allow. Our technology combines big data and machine learning. Our teams deliver the supply chain expertise.
Lien externe pour Lokad
Forecasts for your supply chain. Better service levels with less stocks. Supply chain excellence requires smart optimization of millions of decisions, rather than merely making decisions out of habit or inertia.
83, Boulevard Vincent Auriol
75013 Paris, Ile-de-France, FR
Lokad a republié ceci
My supply chain talk given at SCTech 2024 on October 9th. ISCEA -International Supply Chain Education Alliance https://lnkd.in/eKnciRFM #supplychain #genai #digitaltransformation #lokad
✨ #Lokad's dream team flying the flag at #MROEurope in Barcelona. Gracias to Luciano Lisiotti, Fabian Hoehner, and Joannes Vermorel for taking the time to travel and spread our message of #riskadjusted #decisions in #aerospace #supplychain #supplychainmanagement #ai #data #
No, you don't need a new Software, you need a new mindset || Financial Optimization for Supply Chains ||
This event has been both intense and incredibly rewarding. Alongside Joannes and Fabian, we enjoyed a great time at MRO Europe in Barcelona, celebrating 10 years of Lokad delivering innovative solutions in this sector! It’s been a great opportunity to connect with old friends and make new ones, all while discussing the changes and opportunities in the industry.
💡Inspirational supply chain quotes are rare, but this imaginary one from Roosevelt hits hard. Even though that fake quote is 91 years old, it still teaches us something important about service levels. Take this example: 🛫 An #aerospace #OEM needs 20 parts (P/Ns) to produce a compressor rotor blade for an APU. An #MRO performing minor repairs on the same APU requires 100 P/Ns. Both companies aim for a 99% service level on each P/N. It sounds good, but this strategy is extremely costly—especially for MROs with less predictable demand. ⚠️ Problem: The likelihood of having all parts available when needed drops significantly as the number of parts increases. 🔢 Math: For the OEM: (0.99)²⁰ = 81.79% chance of having all parts when needed. For the MRO: (0.99)¹⁰⁰ = 36.6% chance of having all parts when needed. ⚡Bottom line: The OEM has a ~20% risk of delays due to missing parts. The MRO has a ~65% risk of delays due to missing parts. 🚨In other words, insanely high service levels do not necessarily protect you from expensive delays due to missing parts and #scheduling problems. 🗝 To learn what does help, comment below or message us for an advance copy of #Lokad's next white paper ("Optimizing Scheduling in Aerospace"). 👨🏫 In conclusion, historians generally agree this is what Roosevelt was trying to warn us about service levels, but opinions differ given he never actually said these words and it is a completely fictitious quote. #servicelevels #supplychainmanagement #digitaltransformation #ai
There is a bit of a paradox with RFPs. If you know exactly what you want (e.g., 500 requirements), then why not just build the thing yourself? 🤔 #supplychain #supplychainmanagement #digitaltransformation #supplychaincomics #ai
Lokad a republié ceci
I will be attending #MROEurope in Barcelona next week (on October 23rd). Let me know if you will be in attendance. I'd be happy to discuss how Lokad solves decision-making problems in #aerospace. #ai #supplychainmanagement #supplychain #digitaltransformation
We’re excited to be Platinum Sponsors at this year's Supply-Chain-Event conference, happening in Paris in less than a month. Don’t miss out on the opportunity to learn from top industry leaders and discover how to accelerate your digital transformation in supply chain management! 🌍🚀 This year’s theme, “Power of Supply Chain: Accelerate Digital Transformation,” is all about embracing innovation to drive supply chain excellence. 📅 Date: November 12-13, 2024 📍 Location: Paris Expo Porte de Versailles, Pavillon 5.2, Stand C06 🎤 Round Table Discussion: Wednesday, November 13, 12:00-12:45 Join us for an insightful round table discussion featuring Lokad Founder & CEO Joannes Vermorel, one of our Lead Supply Chain Scientists, Kévin Baumann, along with industry leaders from Maisons du Monde and other experts. We’ll be diving deep into “Quantifying Uncertainty: Forecasting & Planning for Modern Supply Chains”—a must-attend conversation for anyone looking to stay ahead of emerging trends and navigate the complexities of today’s supply chain challenges. Whether you’re passionate about supply chain innovation or looking to network, swing by Stand C06 to chat with the Lokad team and discover how we can drive your digital transformation! #SCE24 #supplychainevent #powerofsupplychain #innovation #business #supplychain #supplychainmanagement #ai #Lokad #digitaltransformation
We are delighted to see our partner, Tokić Ltd, share their insights from the ATR Digital Conference 2024 in Athens, hosted by ATR International AG! 🌐✨ Over the past few years, our collaboration has been built on mutual trust and a shared vision to harness the power of artificial intelligence in the automotive aftermarket industry. Together, we're pushing the boundaries of AI in supply chain management, driving innovation, and delivering tangible results. 💡📈 A big thank you to Tokić Ltd and their team, including Ivan Santoric (CEO @ Tokić Ltd), Josip Kelava (CTO @ Tokić Ltd), and Josip Tokić (Advisor to the CEO @ Tokić Ltd), for highlighting our joint efforts at the conference. Also, a special thanks to Fabian Hoehner (Head of Business Development @ Lokad) and Elliot Langella (Executive Supply Chain Scientist @ Lokad) for representing #Lokad at the conference. It's inspiring to see how our partnership continues to evolve and contribute to the future of the industry. 🤝 For those interested in learning more about our work together, check out our case study in the comments. 💼📝⤵️ Here’s to many more years of innovation and success! 🚀 #AI #supplychain #innovation #partnership #automotiveaftermarket #digitaltransformation #supplychainmanagement
ATR Digital Conference 2024 in Athens 🌐 · 💻 The past and future are intertwined; the real question is how we can use our current experiences and plans to shape what comes next. Regardless of the topic, technology is no exception. This is best confirmed by Amara's Law: "We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run." That was, alongside the specific technological issues, the subtly woven between the lines at last week’s ATR Digital Conference 2024 in Athens, where leading figures in the European automotive aftermarket spoke about artificial intelligence, machine learning, and the sustainability of the automotive industry. As one of the pioneers in applying artificial intelligence and testing autonomous robots, Tokić shared experiences and the most common challenges faced in implementing AI, emphasizing the necessary business hygiene essential for AI development. Josip Kelava striking and realistic presentation was brilliantly complemented by Elliot Langella and Fabian Hoehner from Lokad, with whom Tokić is pushing the boundaries daily when applying AI in supply management. A beautiful city, wonderful people, and fascinating topics made it a memorable day with ATR International AG. Especially since AI is not a transient technology like some we have tested, but it is here to stay and evolve with us. #atr #technology #artificialintelligence #machinelearning #businessdevelopment #technology #sustainable
Lokad a republié ceci
Supply chain debate on the Demand Driven Adaptive Enterprise Model - with a full transcript for those who are too much in a hurry to watch the full 1h30 sequence. Once more, a big thank you to Carol Ptak, co-founder of the Demand Driven Institute for making herself available for this exercise. #supplychain #ddmrp #demandriven #lokad https://lnkd.in/eA6qiA3K
Lokad a republié ceci
No, you don't need a new Software, you need a new mindset || Financial Optimization for Supply Chains ||
Attending the European Regions Airline Association event in Sevilla, was an incredible opportunity to connect with key players across the entire regional sector! I was particularly impressed by the advancements in sustainability technologies, which the association is seriously committed to developing. We are excited to contribute to these efforts, and as new members, Lokad looks forward to playing a growing role in this forward-thinking community!!!
TLDR: Is there anything Science can't do? 🤓 #servicelevel #supplychain #supplychainmangement #lokad #ai #yeahscience