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in Advanced Analytics

Predictive Analytics in the Supply Chain

by Vanguard Software

http://bit.ly/1XgTTYi

Advanced predictive analytics play two essential roles in supply chain management, writes William Vorhies, a data scientist and predictive modeler. The first is forecast accuracy and the second is optimization. Both are driven by multiple considerations, such as long-range vs. near-term planning, and top-down vs. bottom-up approaches.

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