supply chain management (SCM)
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Improving Supply Chain Resilience through Predictive Analytics and Real-Time Data Integration
Abstract: Demand forecasting has under gone major changes because to the incorporation of automated analytics into supply chain management (SCM), which has improved company productivity, accuracy, and responsiveness. Central to this transformation is the application of machine learning (ML), which enables the analysis of large and complex datasets to identify patterns, detect trends, and generate precise forecasts. Conventional methods for predicting frequently rely on linear models and historical sales data, which …
Published in International Journal of Industrial and Product Design Engineering · Vol. 3, Issue 2, 2025 · pp. 8–17 Read article
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The Coupling of Blockchain and Supply Chain
Abstract: In today's industrial landscape, supply chain management (SCM) is pivotal in ensuring the smooth supply of products from the manufacturing house to the seller shop. However, digitizing SCM processes has brought new challenges, particularly in data security and trustability. Blockchain, a decentralized peer-to-peer network, offers enhanced security and privacy through its distributed ledger technology. By incorporating blockchain into SCM, businesses can ensure the integrity of their data, mitigate risks such …
Published in Journal of Software Engineering Tools & Technology Trends · Vol. 11, Issue 2, 2024 · pp. 38–48 Read article