Project detail

Inventory and Logistics with PyMC

Bayesian model for demand, inventory, and logistics lead times focused on reducing stockouts and costs.

completeddataFeatured project
  • python
  • pymc
  • logistics

Highlights

  • Inventory optimization with probabilistic demand
  • Applied to routes and delivery times
  • Better planning under uncertainty
  • Reduced stockouts and overstock

No public repository or demo link is published for this project yet.

Architecture

Applied guide with Bayesian models for historical demand, optimal inventory estimation, and support for logistics operations

Challenges

  • Capturing demand variation without making the model too complex
  • Translating predictions into actionable stock levels
  • Incorporating external factors such as traffic or weather

Outcome

A foundation for better logistics decisions with less reliance on fixed averages

Overview

Problem

Logistics suffers when inventory and deliveries are planned with rigid assumptions instead of explicit uncertainty.

Approach

I used PyMC to estimate demand and derive inventory levels that are more robust to real-world variability.

Outcome

The work helps reduce stockouts and plan operations with more safety margin.