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April 13, 2024

Big data analytics in supply chain management

Following are the topics related to the tasks for Big data analytics in supply chain management

Sustainability

Demand planning

Supply chain network design
Procurement management
Product development and design
Logistics
The speed in which decisions must be made in today’s technology-driven world is immense, and businesses are under extreme pressure to find better ways to compete. Tools such as AI, ML, predictive analytics, and prescriptive analytics can help businesses make faster decisions, impacting business operations.
INSTRUCTIONS

Select an organization operating in supply chain (10 best supply chain companies of 2021) or shipping operations (UPS, FedEx, etc.).

Research how they currently use AI, ML, predictive and/or prescriptive analytics. Share your findings and include your resources.

How do these tools help the organization manage supply chain resources and product deliveries?

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