Predicting with AI (Artificial Intelligence)-Based Applications in Supply Chain
Chapter from the book:
Korkmaz,
E.
V.
(ed.)
2023.
Selected Articles in the Field of Management and Organization II.
Synopsis
AI-based predictions play a pivotal role in transforming the supply chain into a more agile, data-driven, and resilient ecosystem. The ability to make accurate forecasts, optimize operations, and proactively manage risks contributes to the overall efficiency and competitiveness of businesses operating in today's dynamic and complex business environment.
Based on this, this section focuses on predictions in artificial intelligence-based applications for the efficiency of logistics operations and effective management of the supply chain. It is aimed to shed light on the contributions of forecasting to supply chain management in the areas of route determination, demand and inventory management, which are the most frequently used and most beneficial in AI-based applications.