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Predictive Logistics Management of Car Sales Based on Machine Learning Algorithm for Supply Chain | IEEE Conference Publication | IEEE Xplore

Predictive Logistics Management of Car Sales Based on Machine Learning Algorithm for Supply Chain


Abstract:

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

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.
Date of Conference: 15-16 November 2024
Date Added to IEEE Xplore: 17 February 2025
ISBN Information:
Conference Location: Lucknow, India
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I. INTRODUCTION

The automotive industry implements predictive logistics.

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