ISSN 2394-5125
 

Research Article 


IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY

Divya Singh, Dr. Prem Kumar Ramesh.

Abstract
Data science is about analyzing patterns in the data that can be useful in a varied business situation. In the present scenario, Enterprises are intensively using analytics tools and algorithms in taking business decisions and framing strategies to avoid risks. The frequently changing market scenarios have bound the organizations to redefine their supply chain. Retail companies are now primarily concentrating on finding an optimal predicting algorithm to manage their inventory efficiently. The focus of this paper is on the use of supply chain analytics by retailers in their retail decisions. Therefore, this paper attempts to outline the benefits, difficulties, and trends to the effective use of supply chain analytics as a strategic tool in the retail industry in India.

Key words: Supply chain analytics, Big Data Analytics, Retail, e-Commerce.


 
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Pubmed Style

Divya Singh, Dr. Prem Kumar Ramesh. IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY. JCR. 2020; 7(19): 4748-4757. doi:10.31838/jcr.07.19.555


Web Style

Divya Singh, Dr. Prem Kumar Ramesh. IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY. http://www.jcreview.com/?mno=127840 [Access: September 14, 2020]. doi:10.31838/jcr.07.19.555


AMA (American Medical Association) Style

Divya Singh, Dr. Prem Kumar Ramesh. IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY. JCR. 2020; 7(19): 4748-4757. doi:10.31838/jcr.07.19.555



Vancouver/ICMJE Style

Divya Singh, Dr. Prem Kumar Ramesh. IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY. JCR. (2020), [cited September 14, 2020]; 7(19): 4748-4757. doi:10.31838/jcr.07.19.555



Harvard Style

Divya Singh, Dr. Prem Kumar Ramesh (2020) IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY. JCR, 7 (19), 4748-4757. doi:10.31838/jcr.07.19.555



Turabian Style

Divya Singh, Dr. Prem Kumar Ramesh. 2020. IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY. Journal of Critical Reviews, 7 (19), 4748-4757. doi:10.31838/jcr.07.19.555



Chicago Style

Divya Singh, Dr. Prem Kumar Ramesh. "IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY." Journal of Critical Reviews 7 (2020), 4748-4757. doi:10.31838/jcr.07.19.555



MLA (The Modern Language Association) Style

Divya Singh, Dr. Prem Kumar Ramesh. "IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY." Journal of Critical Reviews 7.19 (2020), 4748-4757. Print. doi:10.31838/jcr.07.19.555



APA (American Psychological Association) Style

Divya Singh, Dr. Prem Kumar Ramesh (2020) IMPACT OF SUPPLY CHAIN ANALYTICS ON RETAIL INDUSTRY - A SURVEY. Journal of Critical Reviews, 7 (19), 4748-4757. doi:10.31838/jcr.07.19.555