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Title Application of Machine Learning in Supply Chain Management: A Comprehensive Overview of the Main Areas
ID_Doc 8638
Authors Tirkolaee, EB; Sadeghi, S; Mooseloo, FM; Vandchali, HR; Aeini, S
Title Application of Machine Learning in Supply Chain Management: A Comprehensive Overview of the Main Areas
Year 2021
Published
DOI 10.1155/2021/1476043
Abstract In today's complex and ever-changing world, concerns about the lack of enough data have been replaced by concerns about too much data for supply chain management (SCM). The volume of data generated from all parts of the supply chain has changed the nature of SCM analysis. By increasing the volume of data, the efficiency and effectiveness of the traditional methods have decreased. Limitations of these methods in analyzing and interpreting a large amount of data have led scholars to generate some methods that have high capability to analyze and interpret big data. Therefore, the main purpose of this paper is to identify the applications of machine learning (ML) in SCM as one of the most well-known artificial intelligence (AI) techniques. By developing a conceptual framework, this paper identifies the contributions of ML techniques in selecting and segmenting suppliers, predicting supply chain risks, and estimating demand and sales, production, inventory management, transportation and distribution, sustainable development (SD), and circular economy (CE). Finally, the implications of the study on the main limitations and challenges are discussed, and then managerial insights and future research directions are given.
Author Keywords
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000672427400001
WoS Category Engineering, Multidisciplinary; Mathematics, Interdisciplinary Applications
Research Area Engineering; Mathematics
PDF https://downloads.hindawi.com/journals/mpe/2021/1476043.pdf
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