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Following are the topics related to the tasks for Big data analytics in supply c
Following are the topics related to the tasks for Big data analytics in supply chain management
Sustainability
Demand planning
Supply chain network design
Procurement management
Product development and design
Logistics
The speed in which decisions must be made in today’s technology-driven world is immense, and businesses are under extreme pressure to find better ways to compete. Tools such as AI, ML, predictive analytics, and prescriptive analytics can help businesses make faster decisions, impacting business operations.
INSTRUCTIONS
Select an organization operating in supply chain (10 best supply chain companies of 2021) or shipping operations (UPS, FedEx, etc.).
Research how they currently use AI, ML, predictive and/or prescriptive analytics. Share your findings and include your resources.
How do these tools help the organization manage supply chain resources and product deliveries?
Give me some paragraphs for this one with a word count of not less than 400.
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