Data Analytics and Artificial Intelligence for Inventory and Supply Chain Management

Data Analytics and Artificial Intelligence for Inventory and Supply Chain Management PDF Author: Dinesh K. Sharma
Publisher: Springer Nature
ISBN: 9811963371
Category : Business & Economics
Languages : en
Pages : 293

Book Description
This book considers new analytics and AI approaches in the areas of inventory control, logistics, and supply chain management. It provides valuable insights for the retailers and managers to improve business operations and make more realistic and better decisions. It also offers a number of smartly designed strategies related to inventory control and supply chain management for the optimal ordering and delivery policies. The book further uses detailed models and AI computing approaches for demand forecasting to planning optimization and digital execution tracking. One of its key features is use of real-life examples, case studies, practical models to ensure adoption of new solutions, data analytics, and AI-lead automation methodologies are included.The book can be utilized by retailers and managers to improve business operations and make more accurate and realistic decisions. The AI-based solution, agnostic assessment, and strategy will support the companies for better alignment and inventory control and capabilities to create a strategic road map for supply chain and logistics. The book is also useful for postgraduate students, researchers, and corporate executives. It addresses novel solutions for inventory to real-world supply chain and logistics that retailers, practitioners, educators, and scholars will find useful. It provides the theoretical and applicable subject matters for the senior undergraduate and graduate students, researchers, practitioners, and professionals in the area of artificial intelligent computing and its applications in inventory and supply chain management, inventory control, and logistics.

Data-Driven Technologies and Artificial Intelligence in Supply Chain

Data-Driven Technologies and Artificial Intelligence in Supply Chain PDF Author: Mahesh Chand
Publisher: CRC Press
ISBN: 1003802397
Category : Technology & Engineering
Languages : en
Pages : 319

Book Description
This book highlights the importance of data-driven technologies and artificial intelligence in supply chain management. It covers important concepts such as enabling technologies in Industry 4.0, the impact of artificial intelligence, and data-driven technologies in lean manufacturing. "Provides solutions to solve complex supply chain management issues using artificial intelligence and data-driven technologies. " Emphasizes the impact of a data-driven supply chain on quality management. "Discusses applications of artificial intelligence, and data-driven technologies in the service industry, and lean manufacturing. " Highlights the barriers to implementing artificial intelligence in small and medium enterprises. Presents a better understanding of different risks such as procurement risks, process risks, demand risks, transportation risks, and operational risks. The book comprehensively discusses the applications of artificial intelligence and data-driven technologies in supply chain management for diverse fields such as service industries, manufacturing industries, and healthcare. It further covers the impact of artificial intelligence and data-driven technologies in managing the FMGC supply chain. It will be a valuable resource for senior undergraduate, graduate students, and academic researchers in diverse fields including electrical engineering, electronics and communications engineering, industrial engineering, manufacturing engineering, production engineering, and computer engineering.

Supply Chain Analytics

Supply Chain Analytics PDF Author: Kurt Y. Liu
Publisher: Springer Nature
ISBN: 3030922243
Category : Business & Economics
Languages : en
Pages : 388

Book Description
This innovative new core textbook, written by an experienced professor and practitioner in supply chain management, offers a business-focused overview of the applications of data analytics and machine learning to supply chain management. Accessible yet rigorous, this text introduces students to the relevant concepts and techniques needed for data analysis and decision making in modern supply chains and enables them to develop proficiency in a popular and powerful programming software. Suitable for use on upper-level undergraduate, postgraduate and MBA courses in supply chain management, it covers all of the major supply chain processes, including managing supply and demand, warehousing and inventory control, transportation and route optimization. Each chapter comes with practical real-world examples drawn from a range of business contexts, including Amazon and Starbucks, case study discussion questions, computer-assisted exercises and programming projects.

Utilization of AI Technology in Supply Chain Management

Utilization of AI Technology in Supply Chain Management PDF Author: Pandey, Digvijay
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 358

Book Description
The surge in digital transformation and the integration of innovative technologies into manufacturing processes have given rise to a pressing issue in supply chain management. Businesses are in dire need of solutions to navigate this complexity and harness the true potential of intelligent supply chains. Utilization of AI Technology in Supply Chain Management is a comprehensive guide tailored for academic scholars seeking to unravel the mysteries of artificial intelligence (AI) and machine learning (ML) in the context of supply chain management. Amid the hype surrounding AI and ML, there exists a critical need to bridge the gap between human expertise and technological advancements. Utilization of AI Technology in Supply Chain Management addresses this necessity by delving into real-world instances where teams have successfully employed these innovative technologies to enhance supply chain performance, reduce inventory, and optimize routes. The adoption of AI and ML is not just a trend; it is the cornerstone of digital acceleration initiatives, making it imperative for scholars to understand and leverage these technologies effectively.

AI and Machine Learning Impacts in Intelligent Supply Chain

AI and Machine Learning Impacts in Intelligent Supply Chain PDF Author: Pandey, Binay Kumar
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 335

Book Description
Businesses are facing an unprecedented challenge - the urgent need to adapt and thrive in a world where intelligent factories and supply chains are the new norm. The digital transformation of supply chains is essential for staying competitive, but it is a complex journey fraught with uncertainties. How can organizations harness the power of emerging technologies like Artificial Intelligence (AI) and Machine Learning (ML) to increase profitability, cut supply chain costs, elevate customer service, and optimize their networks? The answers to these questions are crucial for business survival and success. AI and Machine Learning Impacts in Intelligent Supply Chain is a groundbreaking book that offers a comprehensive solution to the challenges posed by the Industry 4.0 revolution. This book is your indispensable guide to navigating the intricate world of supply chain digital transformation using innovative technologies. It provides real-world examples and insights that illustrate how AI and ML are the keys to solving complex supply chain problems, from inventory management to route optimization and beyond. Whether you are an academic scholar seeking to delve into the impact of AI and ML on supply chain management or a business leader striving to gain a competitive edge, this book is tailored to meet your needs.

Artificial Intelligence in Supply Chain Management

Artificial Intelligence in Supply Chain Management PDF Author: Calvin Klein
Publisher: Cuvillier Verlag
ISBN: 3736968817
Category :
Languages : en
Pages : 95

Book Description
As Artificial Intelligence (AI) continues to revolutionize industries worldwide, its omnipresence becomes increasingly evident in Supply Chain Management (SCM). This Consortium Study, conducted by the Institute of Supply Chain Management (ISCMHSG) at the University of St.Gallen and its promotional association, examines the integration of AI in SCM and aims to address the gap between expectations and reality. The study provides a knowledge foundation to assist supply chain managers in developingrealistic expectations of this technology. Considering the rapid advancement of AI technologies and their potential impact on SCM, this study explores the current state of AI in SCM and analyzes the disparity between expectations and reality. Through a comprehensive market analysis of AI solutions offered in SCM, opportunities for improvement are identified. The study focuses on aligning expectations and reality by fostering a better understanding of the capabilities of AI in SCM. Additionally, the study investigates obstacles to successful AI integration, including data quality, integration challenges, and unrealistic expectations of potential benefits. Through the collaborative efforts of the participating organizations, this Consortium Study offers a collective understanding of the current state of AI in SCM. It serves as a valuable resource for industry professionals, and academia facilitating the successful integration of AI and driving operational excellence in SCM.

Innovative Supply Chain Management via Digitalization and Artificial Intelligence

Innovative Supply Chain Management via Digitalization and Artificial Intelligence PDF Author: Kumaresan Perumal
Publisher: Springer Nature
ISBN: 9811902402
Category : Computers
Languages : en
Pages : 208

Book Description
This book focuses on the impact of artificial intelligence (AI) and machine learning (ML) models on supply chain operations in industry 4.0. The chapters illustrate the AI and ML models for all functional areas of operations in SCM. The book also includes examples using ML models like handling supply-to-demand imbalances, triggering automated responses, and reinforcing customer relationships. It describes the evolution of blockchain technology coupled with the ability to automate business logic for the transparency of goods, infrastructure, products, and licenses in software. The book also includes case studies that provide a problem statement and industry overcome by applying ML and AI technologies. This book is suitable for undergraduates, postgraduates, industrial professionals, business executives, entrepreneurs, and freelancers to encourage practical learning on AI and ML algorithms in SCM 4.0. Additionally, this book will provide computer science and information system professionals with the latest technologies embedded in the corporate world.

Big Data Analytics in Supply Chain Management

Big Data Analytics in Supply Chain Management PDF Author: Iman Rahimi
Publisher: CRC Press
ISBN: 1000326934
Category : Computers
Languages : en
Pages : 209

Book Description
In a world of soaring digitization, social media, financial transactions, and production and logistics processes constantly produce massive data. Employing analytical tools to extract insights and foresights from data improves the quality, speed, and reliability of solutions to highly intertwined issues faced in supply chain operations. From procurement in Industry 4.0 to sustainable consumption behavior to curriculum development for data scientists, this book offers a wide array of techniques and theories of Big Data Analytics applied to Supply Chain Management. It offers a comprehensive overview and forms a new synthesis by bringing together seemingly divergent fields of research. Intended for Engineering and Business students, scholars, and professionals, this book is a collection of state-of-the-art research and best practices to spur discussion about and extend the cumulant knowledge of emerging supply chain problems.

Big Data Driven Supply Chain Management

Big Data Driven Supply Chain Management PDF Author: Nada R. Sanders
Publisher: Pearson Education
ISBN: 0133762823
Category : Business & Economics
Languages : en
Pages : 273

Book Description
Master a complete, five-step roadmap for leveraging Big Data and analytics to gain unprecedented competitive advantage from your supply chain. Using Big Data, pioneers such as Amazon, UPS, and Wal-Mart are gaining unprecedented mastery over their supply chains. They are achieving greater visibility into inventory levels, order fulfillment rates, material and product delivery… using predictive data analytics to match supply with demand; leveraging new planning strengths to optimize their sales channel strategies; optimizing supply chain strategy and competitive priorities; even launching powerful new ventures. Despite these opportunities, many supply chain operations are gaining limited or no value from Big Data. In Big Data Driven Supply Chain Management, Nada Sanders presents a systematic five-step framework for using Big Data in supply chains. You'll learn best practices for segmenting and analyzing customers, defining competitive priorities for each segment, aligning functions behind strategy, dissolving organizational boundaries to sense demand and make better decisions, and choose the right metrics to support all of this. Using these techniques, you can overcome the widespread obstacles to making the most of Big Data in your supply chain — and earn big profits from the data you're already generating. For all executives, managers, and analysts interested in using Big Data technologies to improve supply chain performance.

Applications of Emerging Technologies and AI/ML Algorithms

Applications of Emerging Technologies and AI/ML Algorithms PDF Author: Manoj Kumar Tiwari
Publisher: Springer Nature
ISBN: 9819910196
Category : Business & Economics
Languages : en
Pages : 402

Book Description
This book provides practical insights into applications of the state-of-the-art of Machine Learning and Artificial Intelligence (AI) for solving intriguing and complex problems in procurement and supply chain management. The application domain includes perishable food supply chain, steel price prediction, electric vehicle charging infrastructure design, contract price negotiation, reverse logistics network design, and demand forecasting. Further, the book highlights the advanced topics in the procurement field, like AI in green procurement and e-procurement in the pharma sector. Furthermore, the book covers applications of well-established methodologies such as heuristics, optimization, game theory, and MCDM based on the nature of the problem. The inclusion of the vaccine supply chain digital twin and blockchain-based procurement signals the significance of the book. This book is a comprehensive guide for industry professionals to understand the power of data analytics, enabling them to improve efficiency and effectiveness in the procurement and supply chain sectors.