How can you ensure that your algorithm is unbiased in supply chain management?
Supply chain management (SCM) is the process of planning, executing, and optimizing the flow of goods, services, and information from suppliers to customers. Algorithms are essential tools for SCM, as they can help automate decision-making, optimize costs and efficiency, and enhance customer satisfaction. However, algorithms can also introduce biases in SCM, such as favoring certain suppliers, customers, regions, or products over others, or ignoring the environmental and social impacts of the supply chain. Biased algorithms can lead to unfair outcomes, reduced trust, and legal or ethical issues. Therefore, it is important to ensure that your algorithm is unbiased in SCM. Here are some steps you can take to achieve this goal.