Case studies reveal predictive inventory analytics significantly improves demand forecasting, suggesting better inventory management in Malaysia’s electronics sector.
This study investigates the role of predictive inventory analytics in enhancing demand forecasting accuracy within Malaysia’s electronics manufacturing sector. As global supply chains become increasingly volatile, electronics manufacturers face challenges in managing inventory for components with long lead times and fluctuating demand. Leveraging machine learning (ML) models such as XGBoost, LSTM, and Random Forest, this research evaluates how predictive analytics can reduce inventory waste, improve responsiveness, and support strategic planning. Findings from case studies and data analysis reveal that ML-driven forecasting significantly improves inventory performance, especially during periods of global disruption and product lifecycle transitions.
No takes yet. Share an insight, caveat, or question.
Samsuddin et al. (2024) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: