Machine learning algorithms are implemented in predictive logistics management to optimize the supply chain for vehicle sales. These algorithms are capable of predicting ...Show More
Metadata
Abstract:
Machine learning algorithms are implemented in predictive logistics management to optimize the supply chain for vehicle sales. These algorithms are capable of predicting future demand, managing inventory levels, and optimizing distribution procedures by analyzing historical data, prevailing market patterns, and additional external factors. Organizations may enhance customer satisfaction, minimize lead times, and maintain appropriate inventory levels by implementing predictive models. This approach not only improves the overall efficacy of the supply chain, but it also decreases the costs associated with inventory shortages and excess inventory. The integration of machine learning (ML) into logistics management (LM) offers a data-driven solution to the complex and ever-changing supply chain scenarios.