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Predictive Analytics for Supply Chains: a Systematic

Literature Review
Kevin Bonnes
University of Twente
P.O. Box 217, 7500AE Enschede
The Netherlands
K.G.Bonnes@student.utwente.nl

ABSTRACT supply chain. These costs can be found in waiting times


Predictive analytics is a group of methods that uses sta- for trucks in distribution centers and improved decision-
tistical and other empirical techniques to predict future making.
events, based on past occurrences. Predictive analytics If companies get a better understanding of how predictive
can generate valuable information for the management analytics should be used, decision-making on management
of a supply chain company to improve decision-making. level will be improved. Currently there is literature avail-
Even though the importance of the topic is clear, there is able on this research area but there is no overview. This
no clear overview of the use of predictive analytics in the research will provide this overview by mapping out all of
supply chain currently. This research provides a state-of- the relevant information available by conducting a system-
the-art by performing a systematic literature review. In atic literature review, as described by Webster & Watson
the literature review we have found the models, methods, [78]. Afterwards, the literature will be categorized and
techniques and applications of predictive analytics in the presented in terms of models, methods, techniques and
supply chain and have determined the trends and litera- applications. We will also show the current trends in pre-
ture gaps. The most important finding is that even though dictive analytics for the supply chain, to see where the
there is only a limited amount of literature available, the field is going.
interest in this topic is growing gradually. We also pro-
vide future research directions for further research on this 1.1 Problem statement
subject. Even though there is a large body of work available on
both predictive analytics and the supply chain, there has
not been an overview of the combination of these subjects.
Keywords This literature study will fill that gap by providing insight
Literature Review, Predictive Analytics, Prediction, Sup- on the current use of predictive analytics for supply chains.
ply Chain, Big Data, Forecasting
1.2 Research questions
Based on the problem statement, we arrive at the following
1. INTRODUCTION research questions:
Predictive analytics is a group of methods that uses sta-
tistical and other empirical techniques to predict future RQ1: What are the models, methods, techniques and
events, based on past occurrences. Although predictive applications used in predictive analytics for the supply
analytics has become a hot topic recently, there are many chain?
companies within the supply chain sector that dont make RQ2: What are the research gaps of the literature
use of it yet [61]. As literature states, enhancing effective- found?
ness and efficiency of supply chain analytics is a critical
component of a companys ability to achieve competitive 1.3 Remainder of this paper
advantage [61]. Predictive analytics for supply chains is The remainder of this paper is organized as follows: Sec-
therefore an interesting topic. tion 2 describes the research method. In section 3 the
results are presented. Section 4 provides a discussion of
Predictive analytics are used in many different fields. This
the results, the current trends and the gaps in the litera-
research focuses on the supply chain sector. An example
ture. Section 5 presents the conclusions, limitations and
of the use of predictive analytics in the supply chain is
provides future research directions.
predicting the arrival times of a truck or a ship. There
are multiple variables that can influence arrival times, for
example: the weather, traffic congestion and the drivers 2. RESEARCH METHOD
driving style. If the reliability of predicting arrival times In order to answer the research questions and validate the
can be increased, costs can be saved within the entire findings a systematic literature review was performed, fol-
lowing the method described by Webster & Watson [78].
Permission to make digital or hard copies of all or part of this work for This method was chosen to increase the scientific value of
personal or classroom use is granted without fee provided that copies the paper by making sure that all of the relevant litera-
are not made or distributed for profit or commercial advantage and that ture on this subject is taken into account. In this section
copies bear this notice and the full citation on the first page. To copy oth- each step of the literature search will be described and mo-
erwise, or republish, to post on servers or to redistribute to lists, requires tivated so that our findings can easily be replicated and
prior specific permission and/or a fee.
validated. In order to keep the quality of the research as
21st Twente Student Conference on IT June 23rd , 2014, Enschede, The
Netherlands. high as possible our literature search was limited to only
Copyright 2014, University of Twente, Faculty of Electrical Engineer- those databases, journals and conferences that have a good
ing, Mathematics and Computer Science. academic reputation.

1
Literature was searched in the databases Scopus and Web terms of concepts. Categorizing the literature plays an
of Science. These are two of the leading databases and important role as it gives a good overview of the available
provide good coverage of the relevant sources. literature and the literature gaps. Categorization is done
The next step in the process was carefully selecting the on four different aspects of the literature found: models,
journals and conferences, to make sure that we only in- methods, techniques and applications. These four aspects
clude the relevant literature and dont exclude any rele- have been chosen because we think they are the most valu-
vant paper by omitting a quality publication. Relevant able as they give a good understanding of why and how
journals were determined by creating a list of relevant re- predictive analytics should be used.
search areas and selecting the top journals in each of these
research areas. A list of the research areas can be found 3.1 Models
in Appendix A. Models in predictive analytics for supply chains can be di-
vided into two categories: explanatory models and predic-
For each of the research areas a list of journals was de- tive models [66, 67]. Explanatory models (often statistical
termined based on the top 20 journals ranked by impact models) test a causal hypothesis based on historical data,
factor, from the ISI Journal Citation Ranking [72]. Irrele- and provide a conclusion about the model. They do not
vant journals (based on topic) and duplicate journals were use new data to make predictions. Predictive models are
excluded. The list of journals was verified and validated also based on historical data, but make use of new data
by several existing journal rankings [4, 23, 46, 47, 51, 63, to test the model and make predictions about the future.
64, 69, 71]. For each of these rankings the top 20 was com- Of models found in the 64 papers reviewed, only 18 were
pared with the ISI JCR top 20 and missing journals were categorized as predictive models. Even though explana-
added. This was done to make sure that we did not miss tory models do not imply predictive power [67], we do
out on any important journal in any of the research areas. take them into account mainly because of a lack of real
Eventually, a list of 137 journals was created. The journal predictive models. An overview can be found in Table 1.
list and the validation can be found in Appendix B.
Conference papers are generally of less importance com-
pared to journals in the business/SCM and information Table 1. Models
systems disciplinaries, except for the computer science re- Type of Amount References
search area [73]. Conference papers however have a shorter model of papers
throughput time and are thus often more recent and pro- Explanatory 46x (72%) [3, 610, 1214, 16, 18
vide a better state-of-the-art than journal papers [28]. model 22, 2427, 30, 32, 37, 39
Hence, a total of 51 important conferences for the com- 43, 45, 5254, 56, 58
puter science and information systems area were also re- 60, 62, 65, 70, 76, 77, 7984]
viewed. A list of the selected conferences can be found Predictive 18x (28%) [1, 2, 5, 11, 15, 17, 29, 31,
in Appendix C. This list was based on several conference model 34, 35, 38, 44, 49, 50, 55,
rankings by field rating [33, 36, 48]. To ensure the nov- 57, 68, 75]
elty of the conference papers found we specified an extra
criterion: papers have to be published in 2010 or later.
3.2 Methods
Based on the research questions a research query was for- The methods used in the literature are made up of two
mulated. The research query was formulated in several parts: the data collection methods, either empirical or
steps of improvement, to make sure we did not miss or simulation, and the analysis techniques which will be dis-
exclude any relevant papers. The research query can be cussed in the next section.
found in Appendix D. To increase the likeliness of the re-
sults being relevant, the keywords in the research query Data collection methods are the methods used to collect
have to occur in the titles, abstracts or keywords of the data as an input for the model. We categorized the data
articles. collection method in two different types: methods using
empirical, measured data and methods using generated
With the research query and the journal- and conference- data. An overview of the data collection methods can be
query, a literature search was performed. In Scopus, a found in Table 2.
total of 446 articles were found. In Web of Science, we
found a total of 429 articles. After removing the duplicate
articles that were found in both Scopus and WoS, a total Table 2. Data collection methods
of 581 papers remained.
Category Methods Amount References
3. RESULTS of pa-
The results of the literature search were evaluated on ab- pers
stracts by two reviewers, to make sure that the papers that Measured Empirical 53x [3, 5
had no relation with both the supply chain and predictive data / Industry (83%) 15, 17, 18, 20
analytics were excluded. After the selection process a to- data, Exper- 22, 26, 27, 29
tal of 160 papers remained. The remaining set of papers iment, Case 32, 34, 35, 37
was read and evaluated more in depth, until a final set of study, Survey 45, 49, 50, 52,
64 papers was composed. This was done on the following 57, 59, 60, 62,
criterion: Does the paper formulate a clear model that can 65, 68, 70, 75
be used for predictive analytics in the supply chain sector? 77, 7984]
Generated Simulation 11x [1, 2, 16, 19,
Based on the final collection of papers, a concept-centric data (17%) 24, 25, 53
literature review was performed. A concept-centric liter- 56, 58]
ature review is a literature review in which the concepts
determine the structure of the review rather than the au-
thors [78]. This means the results will be categorized in

2
3.3 Techniques
Table 4. Techniques vs. Models
Analysis techniques (e.g. time series, regression), also of-
Technique / Explanatory Predictive Total
ten referred to as research methods, are the underlying
Model model model
techniques used to analyze the data. Models in predictive
Time series 13x (93%) 1x (7%) 14x
analytics are always based on one or more techniques. An
(100%)
overview of the techniques used in the literature can be
Regression 6x (86%) 1x (14%) 7x
found in Table 3. In Table 4, the top 5 techniques are
(100%)
shown with reference to the models.
Neural net- 4x (67%) 2x (33%) 6x
works (100%)
Mixed inte- 2x (40%) 3x (60%) 5x
ger program- (100%)
ming
Exponential 5x (100%) 0x (0%) 5x
smoothing (100%)

Table 3. Techniques
Technique Amount of pa- References
pers
Time series 14x (19%) [1, 14, 1921, 45, 3.4 Applications
54, 56, 60, 76, The applications of predictive analytics for supply chains
77, 79, 81, 83] are also categorized. These can be found in Table 5. This
Regression 7x (9%) [5, 7, 16, 18, 22, table gives an overview of the usage of predictive analytics
59, 65] within the supply chain.
Neural networks 6x (8%) [20, 31, 43, 50, As shown in Table 6, there are three major applications of
80, 82] predictive analytics within the supply chain: forecasting,
Mixed integer 5x (7%) [2, 6, 17, 34, 40] inter-organizational collaboration and monitoring. In Ta-
programming ble 6 for each of these applications the amount of papers
Exponential 5x (7%) [19, 60, 77, 79, found is shown with reference to the two types of models.
smoothing 83]
Fuzzy logic 4x (5%) [24, 27, 30, 42]
Simulation 4x (5%) [3, 12, 70, 75]
Statistical tech- 4x (5%) [15, 29, 35, 52]
niques
Mathematical 3x (4%) [25, 26, 39]
techniques
Structural equa- 3x (4%) [8, 9, 57]
tion modelling
Support vector 2x (3%) [6, 45] Table 6. Applications vs. Models
machines Application / Explanatory Predictive Total
System dynam- 2x (3%) [53, 58] Model model model
ics Forecasting 27x (79%) 7x (21%) 34x
Partial least 2x (3%) [9, 44] (100%)
squares Inter- 10x (77%) 3x (23%) 13x
Logistic regres- 2x (3%) [32, 49] organizational (100%)
sion collaboration
Linear regres- 2x (3%) [13, 40] Monitoring 6x (55%) 5x (45%) 11x
sion (100%)
Markov predic- 2x (3%) [37, 38]
tion
Markov decision 1x (1%) [11]
processes
Markov chain 1x (1%) [10]
method
Nonparametric 1x (1%) [68]
regression
Continuum ap- 1x (1%) [55] 3.5 Trends
proximation Besides the tables presented above, 4 line charts were gen-
Analytic hierar- 1x (1%) [41] erated to be able to detect trends. The line charts show
chy process the amount of relevant papers for each year, for both ex-
Rough set the- 1x (1%) [84] planatory models and predictive models. Figure 1 presents
ory approach a general chart and Figure 2, 3 and 4 present line charts
Machine learn- 1x (1%) [62] respectively for each of the applications forecasting, inter-
ing organizational collaboration and monitoring.

3
Table 5. Applications
Category Topic(s) Amount of papers References
Forecasting Demand/order forecast- 34x (51%) [1, 3, 9, 1214, 17, 19
ing, inventory forecasting, 21, 29, 31, 35, 37, 41, 43,
predicting bullwhip effect, 45, 49, 5254, 56, 58
scheduling, predicting 60, 62, 70, 7577, 79, 8183]
production volatility
Inter-organizational collab- Predicting influence of 13x (19%) [5, 8, 13, 15, 18, 22, 27, 30,
oration collaboration, supplier 32, 42, 57, 65, 84]
selection, predicting sup-
ply chain integration,
predicting stakeholder
collaboration strategies
Monitoring Container tracking, travel 11x (16%) [6, 11, 16, 25, 26, 34, 39,
time prediction, logistics 44, 55, 58, 68]
planning, predicting order
arrival, predicting flow
times, predicting RFID
performance, inventory
tracking, predicting logistic
costs
Price forecasting Price forecasting 2x (3%) [13, 38]
Product deficiency Error prediction, predicting 2x (3%) [2, 10]
product failure
Other Predicting supply chain 5x (7%) [7, 24, 40, 50, 80]
performance, predicting
cost-to-serve for new cus-
tomers, predicting price
negotiation outcomes, pre-
dicting customer purchases,
predicting critical factors in
a supply chain

10 10
explanatory explanatory
trend trend
8 predictive 8 predictive
trend trend
6 6
Papers

Papers

4 4

2 2

0 0
1995 2000 2005 2010 2015 1995 2000 2005 2010 2015
Year Year

Figure 1. Models vs. Time Figure 2. Models vs. Time, Forecasting

4
10 measured data. As expected the percentage of papers us-
explanatory ing simulated data as input is quite low compared to the
trend percentage of papers using measured data.
8 predictive
trend 4.3 Techniques
As shown in Tale 3, predictive analytics consists out of
6 multiple different techniques. Some models use a combi-
Papers

nation of techniques (e.g. [6, 20, 60]). By far the most


used technique is time series. Time series techniques are
4 used to identify a pattern in a sequence of data points.
Other widely used techniques are regression, neural net-
works, exponential smoothing (a technique used in com-
2 bination with time series) and Mixed integer (non-)linear
programming.
In Table 4, the techniques are shown with reference to the
0 two types of models. As shown, the most used technique,
1995 2000 2005 2010 2015
time series, is almost always used in explanatory models.
Year The percentage of papers using time series techniques in
a predictive model is only 7%. This number is quite low
Figure 3. Models vs. Time, Inter-organizational compared to the average of 28% of predictive models in
collaboration general (Table 1). Besides time series techniques, this also
applies to regression techniques and exponential smooth-
ing techniques. The only technique within the top 5 that
10 is being used in an exceptionally high percentage of pre-
explanatory dictive models compared to explanatory models is mixed
integer programming. In general, the percentage of predic-
trend
8 tive models compared to explanatory models for the top 5
predictive
techniques is only 19%, compared to the 28% of Table 1.
trend
6 4.4 Applications
Papers

For applications in predictive analytics for the supply chain


there are three major categories: forecasting, inter-organi-
4 zational collaboration and monitoring. 86% of the papers
can be classified in one of these three categories.
The first category, forecasting, encompasses several top-
2 ics such as demand forecasting, inventory forecasting and
predicting the bullwhip effect.
Demand forecasting (e.g. [14, 43, 83]) is the forecasting
0 activity in which a company tries to predict the quantity of
1995 2000 2005 2010 2015
products the customer will purchase. Predictive analytics
Year are used to predict future demands based on historical
demand information. Demand forecasting is often done
Figure 4. Models vs. Time, Monitoring by applying time series to a given set of input data.
Inventory forecasting is closely related to demand forecast-
4. DISCUSSION ing. With inventory forecasting a company tries to pre-
dict the amount of inventory required to fulfill customer
4.1 Models orders. Examples of papers about inventory forecasting
As shown in Table 1, out of the 64 papers only 18 of them are [59, 77].
included a predictive model. This means only 18 papers
Predicting the bullwhip effect is also related to demand
actually used new data to make predictions about the fu-
forecasting. The bullwhip effect is the problem that arises
ture based on the model. The other papers presented ex-
due to a continuously changing demand of orders, which
planatory models which can be used to make predictions
makes it hard to predict the amount of produced prod-
but did not directly apply the model to new data. This
ucts. Examples of papers presenting models to predict
means the 46 papers that presented an explanatory model
the occurrence of the bullwhip effect are [53, 54, 56].
did not directly make use of predictive analytics, but in-
stead only presented a model, which implies that true an- The second category is the inter-organizational collabo-
alytics are scarce in the supply chain field. ration applications. Examples of inter-organizational col-
laboration applications are supplier selection and predict-
4.2 Methods ing the influence of collaboration on supply chain perfor-
Data collection methods in predictive analytics are mainly mance. Supplier selection is about predicting the best pos-
focused on empirical, measured data. As shown in Table sible supplier based on historical information about similar
2, 53 of the 64 papers make use of measured data to test situations. Examples of papers providing a model for op-
their model. Measured data consists out of empirical or timal supplier selection are [27, 30, 42]. Predicting the
industry data, often generated by methods such as ex- influence of supply chain collaboration is about sharing
periments, case studies or surveys, or a combination of information between supply chain partners to improve the
these methods. Simulated data is data generated by sim- overall performance of the supply chain. Examples of pa-
ulations. Simulated data is often used due to a lack of pers are [5, 8].

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The third category is monitoring applications. Examples 4.6 Literature gaps
of monitoring applications are travel time prediction and As mentioned earlier, literature regarding predictive ana-
order arrival time prediction. Both of these applications lytics for supply chains is still in its infancy. There are
are closely related. Travel time prediction is often used several literature gaps identified from the current litera-
to predict order arrival times. Predictive analytics in this ture. These literature gaps will be discussed on a high
application are used to predict travel times based on his- level, for each of the categories discussed earlier: models,
torical information of similar routes, taking into account methods, techniques and applications.
the influence of external factors such as the weather and
traffic congestion. Examples of papers about travel time 4.6.1 Models
prediction or arrival time prediction are [11, 68]. Another There is a low amount of papers available on predictive
example of monitoring is predicting transport costs. Ex- analytics actually giving predictions. Most of the papers
amples of papers are [16, 55]. present a model, but do not apply new data to this model.
As shown in Table 5, a lot of research is done in the fore- This is a major gap that does not only apply to predic-
casting application compared to the other applications. tive analytics for the supply chain, but also for predictive
However, most of the research done in the forecasting ap- analytics in general [66].
plication only provides an explanatory model, as Table 6 4.6.2 Methods
shows. There is a limited amount of research that actually Regarding the data collection methods, there are a low
provides predictions. On the other hand, in the monitor- amount of models based on data generated by simulation
ing application field the amount of predictive models is as expected. It is unknown however if there are any conse-
relatively high. quences regarding using simulated data or measured data.

4.5 Trends 4.6.3 Techniques


As shown in Table 3, well known techniques such as ma-
Another aspect of our literature study is determining the
chine learning, support vector machines and system dy-
trends of predictive analytics for supply chains. Figures
namics are clearly under-represented. This also applies
1 to 4 show the amount of papers published per year per
to other techniques such as naive Bayes, k-nearest neigh-
application, together with their trend lines. There are a
bours and decision trees, which are not even present at
number of conclusions that can be drawn from these four
all. It would be interesting to see if these techniques can
figures.
also be used in predictive analytics for the supply chain.
First of all, as shown in Figures 1 to 4, predictive analytics This could also cause new trends to appear in this research
for the supply chain is still a relatively premature research area.
area. There is a limited amount of research available on
this subject and most of the research was performed in 4.6.4 Applications
the past few years. As shown in Figure 1, trend lines Besides the three major applications of predictive analyt-
for both explanatory modeling and predictive modeling ics for supply chains, predictive analytics can also be used
are increasing, slowly but gradually. Trend lines would for other purposes. Under-researched applications as be-
increase even more if the year 2014 was removed from the come clear from Table 5 are price forecasting and predict-
figures, as 2014 shows a big drop in the number of papers ing product deficiency. Successfully applying predictive
published due to many papers not having been published analytics to one of these applications can be a cost-saving
yet. process.
Second, trend lines in explanatory models seem to increase Besides the two mentioned applications above, there is
faster than the trend lines in predictive models. Trend also a lack of research on customer sentiment data and
lines for predictive models are often more flat, except for the usage of predictive analytics in human resources [74].
the trend line in Figure 3, which can be ignored due to Data can be gathered in both of these areas and thus can
a low amount of papers in this application. This implies be potentially interesting for applying predictive analytics.
that over time, the percentage of explanatory models com-
pared to predictive models increases. However, as shown 5. CONCLUSION
in Figure 1, the increase of explanatory models is only RQ1: What are the models, methods, techniques and ap-
slightly. Therefore its difficult to predict in which direc- plications used in predictive analytics for the supply chain?
tion the research will be going in the future.
There is only a limited amount of research available on
Another point of interest is that predictive models are predictive analytics for supply chains. The relevant lit-
slightly more recent than explanatory models. The first erature was mostly released in the past few years but is
paper about predictive models for predictive analytics in growing rapidly. It is expected that the amount of litera-
the supply chain sector was released in 2004. In 2011 there ture released on a yearly basis will continue increasing the
was a relatively big increase in papers regarding predictive upcoming years.
models. This could be explained by the fact that Shmueli
[66] released a paper about the difference between predic- The literature was categorized based on models, methods,
tive models and explanatory models in 2010. This can be techniques and applications. As shown in Table 1, the ma-
an indication that predictive models are still emerging. jority of the models are explanatory. Explanatory models
provide a model based on historical data but do not apply
Finally, research on both the applications monitoring and new data to make predictions about the future, in contrary
inter-organizational collaboration started late, compared to predictive models.
to forecasting. This applies to both papers about predic-
tive models and papers about explanatory models. How- Data collection methods found were mostly based on mea-
ever, even though forecasting seems to be an older research sured data. These data collection methods include exper-
area there is still an upward trend going on in this area. It iments, case studies and surveys.
is to be expected that the amount of research to all three The most used techniques in predictive analytics for sup-
of the applications will continue to increase in the future. ply chains are time series, regression and neural networks.

6
However, the usage of the most used techniques in predic- of Operations & Production Management, 29(6):591
tive models seems to be lower than the usage of less used 611, 2009.
techniques in predictive models, percentage-wise.
[6] A. Bhattacharya, S. A. Kumar, M. Tiwari, and S. Tal-
Applications of predictive analytics for supply chains are
luri. An intermodal freight transport system for op-
mostly found in the categories forecasting (e.g. demand
timal supply chain logistics. Transportation Research
forecasting, inventory forecasting, predicting bullwhip ef-
Part C: Emerging Technologies, 38:7384, 2014.
fect), inter-organizational collaboration (e.g. supplier se-
lection, predicting the influence of collaboration) and mon- [7] K. K. Boyer and M. T. Frohlich. Analysis of effects
itoring (e.g. travel time prediction, order arrival time pre- of operational execution on repeat purchasing for het-
diction, predicting logistic costs). erogeneous customer segments. Production and Op-
Based on the categorization, some trends were identified. erations Management, 15(2):229242, 2006.
As shown in the figures, the amount of papers on pre-
dictive analytics for the supply chain are still increasing. [8] M. Cao, M. A. Vonderembse, Q. Zhang, and T. Ragu-
The number of papers about explanatory models seem to Nathan. Supply chain collaboration: conceptualisa-
increase faster than the percentage of papers about predic- tion and instrument development. International Jour-
tive models however, but papers about predictive models nal of Production Research, 48(22):66136635, 2010.
are slightly more recent on average.
[9] B. Chae, D. Olson, and C. Sheu. The impact of sup-
Research on the applications, monitoring and inter-organi- ply chain analytics on operational performance: a
zational collaboration seem to be newer compared to fore- resource-based view. International Journal of Pro-
casting. The forecasting application is more mature com- duction Research, (ahead-of-print):116, 2013.
pared to the others, both based on time and on quantity.
[10] S. Chan, W. Ip, and W. Zhang. Integrating fail-
RQ2: What are the research gaps of the literature found?
ure analysis and risk analysis with quality assur-
We have also identified research gaps. First, there is only ance in the design phase of medical product develop-
a low amount of papers that are actually making predic- ment. International Journal of Production Research,
tions. Most of the papers discuss an explanatory model 50(8):21902203, 2012.
instead of a predictive model. Second, there is a lack of re-
search in the applications other than the three mentioned [11] G. H. Chao. Production and availability policies
before. These applications include: price forecasting and through the Markov Decision Process and myopic
predicting product deficiency. methods for contractual and selective orders. Eu-
ropean Journal of Operational Research, 225(3):383
5.1 Limitations and future research 392, 2013.
A major limitation is the lack of papers on this subject.
As mentioned earlier and shown in Figures 3 and 4, it is [12] D. C. Chatfield. Underestimating the bullwhip effect:
hard to predict trends based on only a few papers on a a simulation study of the decomposability assump-
specific application. The reliability of some of the trends tion. International Journal of Production Research,
is therefore questionable. It is expectable however that 51(1):230244, 2013.
research on this subject will increase as the trends show.
Future research could therefore provide a better overview [13] K. C. Chatzidimitriou and A. L. Symeonidis. Data-
of the current state-of-the-art with an increase of relevant mining-enhanced agents in dynamic supply-chain-
papers. management environments. Intelligent Systems,
IEEE, 24(3):5463, 2009.
6. ACKNOWLEDGEMENTS [14] A. Chen and J. Blue. Performance analysis of demand
A special thanks to supervisor Sjoerd van der Spoel for planning approaches for aggregating, forecasting and
providing feedback and assistance during the research. disaggregating interrelated demands. International
Journal of Production Economics, 128(2):586602,
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9
[76] W. Wang, D. E. Rivera, and K. G. Kempf. Model APPENDIX
predictive control strategies for supply chain man-
agement in semiconductor manufacturing. Interna- A. LIST OF RESEARCH AREAS
tional Journal of Production Economics, 107(1):56
77, 2007. Information Systems

[77] T. Warren Liao and P.-C. Chang. Impacts of forecast, Computer Science: Artificial Intelligence
inventory policy, and lead time on supply chain inven- Computer Science: Interdisciplinary Applications
tory
aA Ta
numerical study. International Journal of
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prepare. MIS quarterly, 26(2):1323, 2002.
Supply Chain
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data: The inventory balance effect. European Journal
Business
of Operational Research, 232(3):593600, 2014.
Management
[80] T. Wong, K. M. Law, H. K. Yau, and S.-C. Ngan. An-
alyzing supply chain operation models with the PC-
algorithm and the neural network. Expert Systems B. LIST OF SELECTED JOURNALS
with Applications, 38(6):75267534, 2011. The list of journals included can be found with the follow-
ing link:
[81] S. D. Wu, B. Aytac, R. T. Berger, and C. A. Arm-
bruster. Managing short life-cycle technology prod- https://docs.google.com/spreadsheet/ccc?key=0Ah_
ucts for Agere Systems. Interfaces, 36(3):234247, DiBPUohMUdFlGb05IWUdhRXpfdmxfMzlGaWJVT3c&usp=
2006. sharing
The table shows the journal titles as well as their appear-
[82] W. Xin-li and Z. Kun. Study on primary product ance in the journal rankings.
logistics: demand prediction based on neural network
theory. In Knowledge Discovery and Data Mining,
2010. WKDD10. Third International Conference on, C. LIST OF SELECTED CONFERENCES
pages 16. IEEE, 2010. The list of the conferences included can be found with the
following link:
[83] F. Zhang. An application of vector GARCH model in https://docs.google.com/spreadsheet/ccc?key=0Ah_
semiconductor demand planning. European journal DiBPUohMUdEJDNWZfaE5wZW9ScDFNN1lqamRHYkE&usp=
of operational research, 181(1):288297, 2007. sharing
[84] Z. Zou, T.-L. B. Tseng, H. Sohn, G. Song, and The table shows the conference titles as well as their ap-
R. Gutierrez. A rough set based approach to distrib- pearance in the conference rankings.
utor selection in supply chain management. Expert
Systems with Applications, 38(1):106115, 2011. D. RESEARCH QUERY
predict*
AND
(supply chain OR SCM OR logistics)
AND
(analy* OR big data OR data mining OR business
intelligence OR decision support)

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