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Enhancing Supply Chain Efficiency and Decision-Making With Cloud-Based Predictive Analytics
Abstract
This chapter explores how cloud-based predictive analytics is transforming supply chain management by improving efficiency, accuracy in demand forecasting, and strategic decision-making. It discusses the benefits of integrating cloud computing with advanced analytics to enhance real-time data visibility, streamline operations, and enable proactive decision-making across the supply chain. Through detailed use cases, the chapter explains the practical applications of predictive and prescriptive analytics for optimizing inventory levels, forecasting demand fluctuations, and mitigating risks. The chapter highlighting the increasing significance of artificial intelligence, IoT integration, and edge computing
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