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A literature review on machine learning in supply chain management

In: Artificial Intelligence and Digital Transformation in Supply Chain Management: Innovative Approaches for Supply Chains. Proceedings of the Hamburg International Conference of Logistics (HICL), Vol. 27

Author

Listed:
  • Wenzel, Hannah
  • Smit, Daniel
  • Sardesai, Saskia

Abstract

Purpose: In recent years, a number of practical logistic applications of machine learning (ML) have emerged, especially in Supply Chain Management (SCM). By linking applied ML methods to the SCM task model, the paper indicates the current applications in SCM and visualises potential research gaps. Methodology: Relevant papers with applications of ML in SCM are extracted based on a literature review of a period of 10 years (2009-2019). The used ML methods are linked to the SCM model, creating a reciprocal mapping. Findings: This paper results in an overview of ML applications and methods currently used in the area of SCM. Successfully applied ML methods in SCM in industry and examples from theoretical approaches are displayed for each task within the SCM task model. Originality: Linking the SC task model with current application areas of ML yields an overview of ML in SCM. This facilitates the identification of potential areas of application to companies, as well as potential future research areas to science.

Suggested Citation

  • Wenzel, Hannah & Smit, Daniel & Sardesai, Saskia, 2019. "A literature review on machine learning in supply chain management," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Artificial Intelligence and Digital Transformation in Supply Chain Management: Innovative Approaches for Supply Chains. Proceedings of the Hamburg Int, volume 27, pages 413-441, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
  • Handle: RePEc:zbw:hiclch:209380
    DOI: 10.15480/882.2478
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    References listed on IDEAS

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    1. Ruomeng Cui & Santiago Gallino & Antonio Moreno & Dennis J. Zhang, 2018. "The Operational Value of Social Media Information," Production and Operations Management, Production and Operations Management Society, vol. 27(10), pages 1749-1769, October.
    2. Raymond Yiu Keung Lau & Wenping Zhang & Wei Xu, 2018. "Parallel Aspect‐Oriented Sentiment Analysis for Sales Forecasting with Big Data," Production and Operations Management, Production and Operations Management Society, vol. 27(10), pages 1775-1794, October.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Huo, Da & Chaudhry, Hassan Rauf, 2021. "Using machine learning for evaluating global expansion location decisions: An analysis of Chinese manufacturing sector," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    2. Peter Buchholz & Arne Schumacher & Siyamend Barazi, 2022. "Big data analyses for real-time tracking of risks in the mineral raw material markets: implications for improved supply chain risk management," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 35(3), pages 701-744, December.
    3. Brylowski, Martin & Schröder, Meike & Lodemann, Sebastian & Kersten, Wolfgang, 2021. "Machine learning in supply chain management: A scoping review," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Ringle, Christian M. & Blecker, Thorsten (ed.), Adapting to the Future: How Digitalization Shapes Sustainable Logistics and Resilient Supply Chain Management. Proceedings of the Hamburg Internationa, volume 31, pages 377-406, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    4. Büttner, Daniel & Scheidler, Anne Antonia & Rabe, Markus, 2021. "A reference model for data-driven sales planning: Development of the model's framework and functionality," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Ringle, Christian M. & Blecker, Thorsten (ed.), Adapting to the Future: How Digitalization Shapes Sustainable Logistics and Resilient Supply Chain Management. Proceedings of the Hamburg Internationa, volume 31, pages 441-476, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    5. Cristiana L. Lara & John Wassick, 2023. "Future of Supply Chain: Challenges, Trends, and Prospects," Papers 2301.13174, arXiv.org.
    6. Tadesse Kenea Amentae & Girma Gebresenbet, 2021. "Digitalization and Future Agro-Food Supply Chain Management: A Literature-Based Implications," Sustainability, MDPI, vol. 13(21), pages 1-24, November.

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