Requirements Analysis for Predictive Analytics in SCM

Decision support for research and practice

JournalIndustry 4.0 Science
Issue Volume 41, Edition 4, Pages 86-92
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Abstract

Predictive analytics opens up opportunities to improve decision-making in manifold areas, including in supply chain management (SCM). Yet, the complete realization of its potential requires the identification of the corresponding needs upfront. This paper provides a structured concept that guides through the complex and interdisciplinary endeavor of requirements analysis for predictive analytics in SCM. Due to the generic nature of this approach, it can be applied for any use case and be adapted or enhanced in case of need.

Keywords

Article

In most industries, supply chains have been and are disrupted from time to time for various reasons (i.e., natural disasters, political turbulence). This situation impacts global value creation [1] and causes stressful situations related to global shipping. Decision problems, for example in supply chain planning, thus become more challenging. Novel technical artifacts could help. As an advanced technology, predictive analytics is increasingly used in different management fields, including in SCM [2]. Predictive analytics as a game changer in SCM Business processes and organizations …

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Potentials: Management
Solutions: Logistics Logistics Technology

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