Make Profit Not Waste
Supply chain decisions have uncertain outcomes with enormous economic and environmental consequences.
What Will Customers Order?
Where Should I Stock Inventory?
What Should I Make?
What Should I Buy?
What Supply Chain Executives Can Learn From Professional Gamblers
What Supply Chain Executives Can Learn From Professional Gamblers
Whether it's managing a supply chain or gambling, decisions carry immense uncertainty and significant financial consequences. The MIT Blackjack team utilized a system to embrace uncertainty, beat the odds, and make better bets utilizing: The Power of Probabilities
Don't Be a Sucker for Fixed Rules
Don't Be a Sucker for Fixed Rules
Most supply chain executives ignore probabilities and use outdated systems that rely on fixed rules and simple assumptions. This approach fails to account for the complexities of modern supply chains and the inherent uncertainty in the decisions they are making.
Tilt the Odds in Your Favor
Tilt the Odds in Your Favor
Understanding probabilities allows you to make risk-adjusted decisions with confidence in the likelihood of successful outcomes. Consistently making decisions that are most likely to have positive outcomes leads to greater financial impacts.
Big Gains with Better Bets
Big Gains with Better Bets
Supply chain decisions are bets. By adopting a probabilistic approach to decision-making, we can make better choices, handle uncertainty more effectively, and maximize long-term gains. Noodle.ai enables you to consistently make decisions that generate economic impact for your company and environmental impact for humanity.
