Scribd
Upload
25 views8 pages

1B Introduction-to-Machine-Learning

This presentation discusses the application of machine learning (ML) techniques in logistics and supply chain management, focusing on demand forecasting, inventory management, and transportation optimization. Real-world examples from companies like Amazon, Walmart, UPS, and FedEx illustrate the benefits of ML, including cost reduction and improved customer satisfaction. Key takeaways emphasize the importance of data analysis in enhancing supply chain resilience and efficiency.

Uploaded by

maharajan.k.mba
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
25 views8 pages

1B Introduction-to-Machine-Learning

This presentation discusses the application of machine learning (ML) techniques in logistics and supply chain management, focusing on demand forecasting, inventory management, and transportation optimization. Real-world examples from companies like Amazon, Walmart, UPS, and FedEx illustrate the benefits of ML, including cost reduction and improved customer satisfaction. Key takeaways emphasize the importance of data analysis in enhancing supply chain resilience and efficiency.

Uploaded by

maharajan.k.mba
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 8

23BAE741: AI for Logistics and Supply Chain

Unit 1: AI for Logistics

This presentation provides an overview of machine learning (ML)


techniques. We will explore different ML approaches, their
applications in logistics and supply chain, and real-world
examples.

Dr. MAHARAJAN K

02-09-2024 Dr. Maharajan K, ASP/MBA/SNSCT Unit 1 AI for Logistics 1/10


Guess the Topic

Transportation Inventory Production Supply Chain


Optimizing routes, vehicle Predicting demand, Predictive maintenance, Analyzing supply chain
scheduling, and delivery optimizing stock levels, production planning, and disruptions, identifying
management. and managing inventory quality control. potential risks, and
turnover. improving resilience.

02-09-2024 Dr. Maharajan K, ASP/MBA/SNSCT Unit 1 AI for Logistics 2/10


Unsupervised Learning for
Demand Forecasting
Clustering
Grouping similar customers or products based on their
characteristics, such as purchase history or product features.

Association Rule Learning


Identifying relationships and dependencies between products or
customer behaviors.

Anomaly Detection
Identifying unusual patterns or outliers in data, which can indicate
potential problems or opportunities.

02-09-2024 Dr. Maharajan K, ASP/MBA/SNSCT Unit 1 AI for Logistics 5/10


Reinforcement Learning for
Inventory Management
Technique Application

Q-learning Optimizing inventory levels by


learning from past decisions and
rewards.

Deep Reinforcement Learning Handling complex inventory


(DRL) problems with large state spaces
and multiple factors.

Monte Carlo Methods Simulating different inventory


scenarios to find optimal
strategies.

02-09-2024 Dr. Maharajan K, ASP/MBA/SNSCT Unit 1 AI for Logistics 6/10


Real-Life Case Studies:
Machine Learning in Action
Amazon
Predictive demand forecasting, optimized warehouse layouts, and efficient delivery routes.

Walmart
Real-time inventory management, personalized product recommendations, and supply chain risk
mitigation.

UPS
Optimized delivery routes, real-time package tracking, and efficient logistics operations.

FedEx
Predictive maintenance for vehicles, efficient route planning, and optimized package delivery.

02-09-2024 Dr. Maharajan K, ASP/MBA/SNSCT Unit 1 AI for Logistics 7/10


Assessment: Test Your
Understanding
1 Scenario: Demand Forecasting
A company uses machine learning to forecast demand for its products. How
can they use this information to improve their supply chain operations?

2 Scenario: Inventory Optimization


What are the benefits of using reinforcement learning for inventory
management?

3 Scenario: Transportation Optimization


How can machine learning help a logistics company optimize their
transportation routes and vehicle scheduling?

02-09-2024 Dr. Maharajan K, ASP/MBA/SNSCT Unit 1 AI for Logistics 8/10


Summary and Key
Takeaways
Machine learning offers significant advantages for logistics and
supply chain operations. By analyzing data, ML can improve
demand forecasting, optimize inventory management, and
enhance transportation efficiency. This leads to reduced costs,
improved customer satisfaction, and a more resilient supply chain.

02-09-2024 Dr. Maharajan K, ASP/MBA/SNSCT Unit 1 AI for Logistics 9/10


References and Further
Reading
For further reading and exploration, you can refer to resources
such as: "Machine Learning for Dummies" by John Paul Mueller &
Luca Massaron, "Hands-On Machine Learning with Scikit-Learn,
Keras & TensorFlow" by Aurélien Géron, "Deep Learning" by Ian
Goodfellow, Yoshua Bengio & Aaron Courville.

02-09-2024 Dr. Maharajan K, ASP/MBA/SNSCT Unit 1 AI for Logistics 10/10

You might also like