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436504d
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398831d
Update app.py
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app.py
CHANGED
@@ -142,7 +142,16 @@ to be considered for causal analysis of Supply chain management.
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Target Column/Prediction:
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Backordered: A binary variable indicating whether the product will be backordered (1) or not (0) during a specific
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time period. This is the target variable that we want to predict
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Target Column/Prediction:
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Backordered: A binary variable indicating whether the product will be backordered (1) or not (0) during a specific
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time period. This is the target variable that we want to predict
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Backorder refers to a situation where a requested item is not immediately available due to insufficient inventory or other factors.
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It can impact customer satisfaction, result in delayed deliveries, and potentially lead to revenue loss. Businesses need to manage
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backorders effectively by monitoring inventory levels, optimizing supply chain processes, and providing timely updates to customers.
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Backorders can also be used strategically as a marketing tactic, but must be handled carefully to avoid customer disappointment and
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maintain a positive reputation.
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In short, Backorder is one of the most important factor in terms of supply chain which means when a particular order goes of out of
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stock and demand comes for that out of stock product.""")
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