Scenario Planning, with Data, on Steroids

In Great By Choice, Jim Collins teaches us that there is no new normal… there is always just uncertainty and change. Predicting the future is hard. The best leaders and organizations, as such, plan for multiple futures and hedge accordingly. They plan probabilistically. One tool that can assist in scenario planning is Monte Carlo simulation. … [Read more…]

Hands-On Supply Chain with Machine Learning

I recently finished the third course in MIT’s Supply Chain MicroMasters program, Supply Chain Design, hosted on their EdX platform. I scored an 86% on the final exam with an overall grade of ‘B’ for the class (which I expect will end up being average). Considering time constraints with work (especially working in supply chain … [Read more…]