Optimizing E-Commerce Supply Chains Through Predictive Big Data Analytics: A Path to Agility and Efficiency

Authors

  • Vijay Mallik Reddy Member of Technical Staff, University of North Carolina at Charlotte, Email: vijaymr1012@gmail.com Author
  • Lakshmi Nivas Nalla Data Engineer Lead, Florida International University, 11200 SW 8th St, Miami, FL 33199, Email: nallanivas@gmail.com Author

Keywords:

E-commerce, Supply Chain Management, Predictive Analytics, Big Data, Agility, Efficiency.

Abstract

In the rapidly evolving landscape of e-commerce, supply chain agility and efficiency have become paramount for sustaining competitive advantage. This paper explores the transformative potential of predictive big data analytics in optimizing e-commerce supply chains. By leveraging advanced analytics techniques, e-commerce companies can enhance decisionmaking processes related to inventory management, demand forecasting, and logistics operations. The study analyzes various predictive models and their applications in real-world scenarios, showcasing significant improvements in operational performance metrics such as order fulfillment rates, inventory turnover, and customer satisfaction. Furthermore, it highlights the integration of machine learning algorithms and real-time data streams to predict consumer behavior, streamline procurement processes, and optimize distribution networks. This research provides valuable insights into the practical implications of predictive analytics for supply chain management in the e-commerce sector, underscoring its role as a critical enabler of agility and efficiency. The findings indicate that organizations adopting predictive big data analytics not only achieve cost reductions but also enhance responsiveness to market fluctuations, thereby positioning themselves favorably in an increasingly dynamic market. Ultimately, this paper advocates for the strategic implementation of predictive analytics as a vital component of e-commerce supply chain strategies, paving the way for future innovations and improved operational outcomes

Downloads

Download data is not yet available.

Downloads

Published

2024-10-07

How to Cite

Optimizing E-Commerce Supply Chains Through Predictive Big Data Analytics: A Path to Agility and Efficiency. (2024). International Journal of Machine Learning Research in Cybersecurity and Artificial Intelligence, 15(1), 555-585. http://ijmlrcai.com/index.php/Journal/article/view/174

Similar Articles

1-10 of 140

You may also start an advanced similarity search for this article.