Integrated Supply Chain Intelligence through Collaborative Planning, Analytics and Monitoring

Stefanovic, Nenad; Stefanović, Dušan; Radenković, Božidar

doi:10.4018/9781605668086.ch003

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“…This section introduces an integrated supply chain PM model which incorporates the supply chain modelling method and business intelligence technologies such as data warehousing and data mining. It is based on the integrated supply chain intelligence model for collaborative planning, analysis, and monitoring [ 39 ].…”

Section: Predictive Supply Chain Performance Management Modelmentioning

confidence: 99%

Proactive Supply Chain Performance Management with Predictive Analytics

Stefanovic

2014

The Scientific World Journal

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Today's business climate requires supply chains to be proactive rather than reactive, which demands a new approach that incorporates data mining predictive analytics. This paper introduces a predictive supply chain performance management model which combines process modelling, performance measurement, data mining models, and web portal technologies into a unique model. It presents the supply chain modelling approach based on the specialized metamodel which allows modelling of any supply chain configuration and at different level of details. The paper also presents the supply chain semantic business intelligence (BI) model which encapsulates data sources and business rules and includes the data warehouse model with specific supply chain dimensions, measures, and KPIs (key performance indicators). Next, the paper describes two generic approaches for designing the KPI predictive data mining models based on the BI semantic model. KPI predictive models were trained and tested with a real-world data set. Finally, a specialized analytical web portal which offers collaborative performance monitoring and decision making is presented. The results show that these models give very accurate KPI projections and provide valuable insights into newly emerging trends, opportunities, and problems. This should lead to more intelligent, predictive, and responsive supply chains capable of adapting to future business environment.

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Section: Predictive Supply Chain Performance Management Modelmentioning

confidence: 99%