Abstract
Supply chains face many challenges in today’s business environment. This paper examines how advanced analytics can be used to improve supply chain efficiency and resilience with a particular focus on demand forecasting and late delivery analysis. The thesis focuses on two areas, which are forecasting demand and analyzing late deliveries. With the help of data-driven models for forecasting demand and pinpointing reasons behind delayed shipments, establishments can take appropriate measures that will reduce risks and enhance operational efficiency. A complete analytic framework is suggested that integrates sophisticated analytics into supply chain management so that organizations can optimize all their operations in a holistic manner. Through literature review and studies aims at finding out different ways through which predictive modeling coupled with machine learning among other analytical techniques may be utilized to enhance performance across the entire supply chain. This study provides valuable information for industries looking forward towards building resilient yet efficient supply chains under dynamic business settings.
Library of Congress Subject Headings
Supply chain management--Management; Demand (Economic theory)--Forecasting; Machine learning
Publication Date
Spring 2024
Document Type
Thesis
Student Type
Graduate
Degree Name
Professional Studies (MS)
Department, Program, or Center
Graduate Programs & Research
Advisor
Sanjay Modak
Advisor/Committee Member
Ehsan Warriach
Recommended Citation
Siddiqui, Mohammad Zubin, "Optimizing Supply Chain Dynamics using Machine Learning" (2024). Thesis. Rochester Institute of Technology. Accessed from
https://repository.rit.edu/theses/11783
Campus
RIT Dubai
Plan Codes
PROFST-MS