Читать книгу Profit Maximization Techniques for Operating Chemical Plants - Sandip K. Lahiri - Страница 42

Digital technology also can bring enormous value to the entire supply chain, including inbound and outbound logistics and warehousing. From past historical data, an intelligent algorithm can significantly improve accuracy of forecasting, which helps to optimize the entire sales and operations planning process (Klei et al., 2017). Digital technology can be used to leverage better scheduling of batch production, shorter lead times, and lower safety stocks with a higher level of flexibility. A digital enabled holistic system can be built to develop integrated “no touch” ordering and scheduling systems.