Staying ahead of game with prediction-driven supply chain management
Prediction-driven supply chain management is not just good-to-have but an essential need of the times.
Amazon patented a system called ‘anticipatory shipping’, which predicts and begins moving the products that are expected to be bought by its customers to a hub near them, even before an actual order is placed. Business Intelligence algorithms make the call based upon consumer shopping patterns, past purchases, browsing patterns and intent mapping—all harvested using machine learning and data analytics.