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Cognitive Architectures for Business Decision Making in Supply Chain Management - Accidental Pitch ♮

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utf-8

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Short dissertation on how supply chain management might benefit from the adoption of a cognitive system, how the architecture might be modeled and the main challenges on pursuing the projects

author

Giancarlo Frison

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Giancarlo Frison

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article

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en_US

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Accidental Pitch ♮

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Cognitive Architectures for Business Decision Making in Supply Chain Management

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https://gfrison.com/2024/06/13/cognitive-architecture-decision-making-supply-chain

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Cognitive Architectures for Business Decision Making in Supply Chain Management

description

Most companies rely on a network of suppliers to provide the components or materials they need to create their final products. This supplier network allows businesses to add value and earn a profit by transforming these raw materials into finished goods. However, this dependence on suppliers introduces a significant risk for profit-driven businesses: the potential inability to meet customer demands at the agreed-upon conditions (price and timing).What could possibly go wrong in the chain of suppliers? The risk could be caused by unexpected: unavailability of suppliers for: own internal reasons suppliers’ suppliers availability risk issues in the distribution rising costs due to: distribution chain raw material lowering of competitive alternatives in the market geo-political issues wars international sanctions natural adversities

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2024-06-13T00:00:00+02:00

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2024-06-13T00:00:00+02:00

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