Abstract

This review paper examines the pivotal role of AI-driven predictive analytics in optimizing supply chain operations within the IT industry. By leveraging machine learning, deep learning, and neural networks, predictive analytics can significantly enhance demand forecasting, inventory management, supplier selection, and risk management. Despite its potential to revolutionize supply chains, the integration of AI faces challenges, including data quality, the need for skilled personnel, and organizational resistance. Strategic implementation approaches are discussed, emphasizing robust data infrastructure, stakeholder engagement, and continuous innovation. This paper contributes to the academic discourse by highlighting AI's economic and social implications in supply chains and suggesting directions for future research. It is a comprehensive guide for practitioners and academics navigating the complexities of AI-driven predictive analytics in supply chain optimization. Keywords: AI-driven Predictive Analytics, Supply Chain Optimization, IT Industry, Machine Learning, Strategic Implementation.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.