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International Journal of Advanced Research in Engineering and Technology (IJARET)
Volume 12, Issue 3, March 2021, pp. 979-991, Article ID: IJARET_12_03_091
Available online at https://iaeme.com/Home/issue/IJARET?Volume=12&Issue=3
ISSN Print: 0976-6480 and ISSN Online: 0976-6499
© IAEME Publication Scopus Indexed
OPTIMIZING SUPPLY CHAIN MANAGEMENT
WITH MACHINE LEARNING ALGORITHMS
Harish Narne
Sr. Software Engineer, Gainwell Technologies, USA.
ABSTRACT
Machine learning's (ML) incorporation into SCM has been a game-changer,
leading to more automation, efficiency, and strategic attention in the sector. Supply
chain managers may optimise inventories with the help of ML, find the best suppliers,
and make use of the massive amounts of data produced by logistics, transportation, and
warehousing systems. This article delves into the revolutionary effects of ML on supply
chain management, showcasing its uses in areas such as automated quality inspections,
predictive analytics, forecasting production, reducing costs, managing warehouses, and
last-mile tracking. The report also discusses the problems that supply chain sectors
encounter and how ML may solve them, including issues with inventory management,
quality and safety, limited resources, and ineffective interactions with suppliers.
Amazon, Microsoft, Alphabet, Procter & Gamble, and Rolls Royce are just a few of the
top organisations that have used ML to boost supply chain efficiency. Businesses that
want to succeed in today's global market need to use ML technologies to improve their
resource management, efficiency, and bottom line, according to the paper's findings.
Key words: Machine learning's (ML), supply chain management, deep learning
Cite this Article: Harish Narne. Optimizing Supply Chain Management with Machine
Learning Algorithms. International Journal of Advanced Research in Engineering and
Technology (IJARET), 12(3), 2021, pp. 979-991.
https://iaeme.com/Home/issue/IJARET?Volume=12&Issue=3
1. INTRODUCTION
In today's fast-paced and unpredictable corporate world, supply chain management is key to
maximising operational efficiency and satisfying customers. The advent of digital technology,
especially deep learning algorithms, has caused a sea change in the supply chain optimisation
environment [1]. Examining how deep learning algorithms might improve supply chain
operations is the main goal of this research.
It also provides a managerial viewpoint on how to harness these breakthroughs for a sustainable
competitive advantage using these algorithms.For a considerable amount of time, supply chain
optimisation has been a primary focus for businesses that are looking to streamline their
operations, lower their expenses, and improve their agility. When it comes to responding to the