articleLogisticsJul 17, 2024GOLD OA

Enhancing Supply Chain Agility and Sustainability through Machine Learning: Optimization Techniques for Logistics and Inventory Management

Eastern Illinois University · Northwest Missouri State University · +1 more institution

Indexed incrossrefdoaj

Abstract

Background

In the current global market, supply chains are increasingly complex, necessitating agile and sustainable management strategies. Traditional analytical methods often fall short in addressing these challenges, creating a need for more advanced approaches.

Methods

This study leverages advanced machine learning (ML) techniques to enhance logistics and inventory man-agement. Using historical data from a multinational retail corporation, including sales, inventory levels, order fulfillment rates, and operational costs, we applied a variety of ML algorithms, in-cluding regression, classification, clustering, and time series analysis.

Citation impact

186
total citations
FWCI
75.27
Percentile
100%
References
36
Citations per year

Authors

4

Topics & keywords

Keywords
  • Supply chain
  • Stockout
  • Computer science
  • Agile software development
  • Cluster analysis
  • Order fulfillment
  • Supply chain management
  • Operations management
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