Implementation of Bigdata Techniques in Supply Chain Management: Evidence from Predictive Analytics

Fanrong Liu

2024

Abstract

Supply chain management (SCM) is changing as a result of several technologies that are propelling significant digital trends. Numerous supply chain situations, such as demand forecasting, supplier management, risk management, transportation management, and sales and marketing analysis, make use of big data analytics. Supply chains are changing as a result of big data analytics breakthroughs that enable these connections. This study summarizes the progress with an emphasis on the supply chain's two modules of risk management and prediction analysis. In addition to analysing the tenets and outcomes of big data analysis technology in these two connections, this article highlights the significance of predictive analysis and risk management modules in supply chains. This research delves into the difficulties that predictive analytics and risk management encounter while utilizing big data analytics, as well as the future prospects. Overall, these results offer a synopsis of the constraints and potential applications of big data analysis in the two fields.

Paper Citation

in Harvard Style

Liu F. (2024). Implementation of Bigdata Techniques in Supply Chain Management: Evidence from Predictive Analytics. In Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI; ISBN 978-989-758-726-9, SciTePress, pages 143-147. DOI: 10.5220/0013208100004568

in Bibtex Style

@conference{ecai24,
author={Fanrong Liu},
title={Implementation of Bigdata Techniques in Supply Chain Management: Evidence from Predictive Analytics},
booktitle={Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI},
year={2024},
pages={143-147},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013208100004568},
isbn={978-989-758-726-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on E-commerce and Artificial Intelligence - Volume 1: ECAI
TI - Implementation of Bigdata Techniques in Supply Chain Management: Evidence from Predictive Analytics
SN - 978-989-758-726-9
AU - Liu F.
PY - 2024
SP - 143
EP - 147
DO - 10.5220/0013208100004568
PB - SciTePress