New

Newsroom more...

Dependent demand determination for demand forecasting

Challenge

The aim of demand forecasting is to forecast higher quality components demand overnight via an integrated order and components forecast:

  • Creating planned orders taking into account targets (models and code parts)  and constraints (product description, production order) in the delivery view.
  • Determination of weights for each planned order for targeted achievement of targets (consumption quotas) and consideration of restrictions in the delivery and production view.

Solution

As this is a problem with a large number of variables and constraints, the Column Generation optimization procedure is implemented as a solution.

Benefit

  • Orders and components demands are currently determined overnight within a week. This means a considerable process shortening
  • Suppliers get 2 weeks more lead time
  • Integrated, cross-department processing taking into account the specifications and restrictions of all parties involved
  • Program changes and reallocations are completely preventively safeguarded

Your contact

Dragan Sunjka

Lead IT Consultant Automotive & Manufacturing

Read more about AI

Reference

Optimize vehicle parts planning with AI. Our solutions provide accurate demand forecasts and prevent production bottlenecks.

banking.vision

Im Bankwesen bietet künstliche Intelligenz große Chancen, muss jedoch stets im Einklang mit regulatorischen Anforderungen und Datenschutzvorgaben eingesetzt werden. Ein klarer rechtlicher Rahmen ist entscheidend, um Innovationen verantwortungsvoll zu nutzen, ohne die Sicherheit und Governance der Institute zu gefährden.

msg news

What conditions must organizations create in order to exploit the potential of GenAI solutions?

msg news

The pharmaceutical industry holds high expectations for the potential of AI technologies. However, companies are facing challenges due to stringent regulatory demands that hinder smooth implementation. In the interview, Dr. Hans Klöcker, manager at msg industry advisors, sheds light

Artificial intelligence

A comparison of classic algorithms and artificial intelligence for error detection in V2X data shows: The improved results of AI come at a high price.

Consider the scenario of a panel discussion or a question-and-answer session featuring a group of experts in the relevant field. While these participants possess significant knowledge, they may also exhibit a degree of bias due to their established perspectives. Introducing an artificial intelligence (AI) as one of the participants could provide a refreshing dynamic.

msg survey

To what extent is generative AI already being used in large German companies? What are the main use cases? msg conducted an online survey together with the market research institute INNOFACT - with exciting results.

public magazin

Georg Krause, Autor des Buches „Die Praxis des Digitalen Humanismus“ im Gespräch

AI from msg – Made in Europe

With artificial intelligence, we want to drive forward the use of AI in organisations faster and more successfully. What sets us apart: Forward-looking consulting services and products to enable value creation through data.

Learn more