This research work aims to improve supply chain management using predictive modeling techniques. First, we gained a comprehensive understanding of the company's operations, internal policies, product categories, customer base, and procurement processes. Through a literature review, we identified machine learning algorithms, including multivariate linear regression, support vector regression (SVR), re-gression decision trees, and neural networks, and implemented these algorithms using libraries such as Scikit-learn and TensorFlow. After data preparation and normalization, we trained and evaluated the models using various performance metrics such as R2, MAE, MAPE, MSE, and RMSE. Among all the models, the SVR algorithm had the highest predictive performance. After applying the predictive model, supply chain metrics improved: monthly revenue per supermarket decreased by 36.36%, monthly revenue per category decreased by 39.74%, and total revenue decreased by 25.95%. These findings confirm the effectiveness of machine learning in improving demand fore-casting and supply chain efficiency. Recommendations include creating a data-driven culture within the company, exploring other regression algorithms, integrating historical data for new products, and continuously improving the predictive model. In addition, there is a need to improve evaluation metrics and continuously monitor model performance to improve the process.
Pujan Shailesh Kakkad (Sun,) studied this question.
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