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
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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
4Topics & keywords
Topics
Keywords
- Supply chain
- Stockout
- Computer science
- Agile software development
- Cluster analysis
- Order fulfillment
- Supply chain management
- Operations management
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