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Supply-chain-management-SCM-and-optimisation

Course Name
Algorithmic Problem Solving
Course Code
23ECSE309
Name
Ravishankar S Bevinal
University
KLE Technological University, Hubballi-31

Project Description

An optimized supply chain is critical in today’s highly competitive and dynamic business environment. Efficient supply chain management not only reduces operational costs but also enhances customer satisfaction and increases overall business profitability. This project highlights the application of data structures and algorithms in optimizing various aspects of supply chain management, including inventory management, logistics planning, and route optimization. By employing the data structures and algorithms I have learned so far, this project has also introduced me to new ones, further improving my understanding. The project aims to solve complex supply chain problems with innovative and efficient solutions.

The features focused on in this project encompass route optimization for last-mile delivery, inventory optimization systems, supplier performance tracking systems, and predictive maintenance systems. Each feature is designed to address specific challenges within the supply chain, providing significant market benefits and improving overall efficiency. Through these solutions, the project demonstrates the transformative potential of combining DSA, ML and supply chain management to drive business success and operational efficiency.

Contents

  1. Goals
  2. Algorithms and Data Structures used
  3. Business Use Cases
  4. References

Goals

Skills Development

Career Advancement

Business Use Cases

  1. Route Optimization for Last-Mile Delivery
  2. Inventory Optimization System
  3. Supplier Performance Tracking System
  4. Warehouse Layout Optimization
  5. Demand Forecasting System
  6. Supply Chain Risk Management System
  7. Multi-Echelon Inventory Optimization
  8. Predictive Maintenance System
  9. Collaborative Demand and Supply Planning
  10. Smart Contract Management System
  11. Network Design Optimization
  12. Reverse Logistics Optimization
  13. Dynamic Pricing Optimization
  14. Sustainable Supply Chain Management
  15. Supply Chain Finance Optimization

The list of Algorithms and Data Structures used

The project is focused on using the data structure knowledge, algorithms I have learnt and the ML models that I consider necessary to optimise the business cases identified.

Note:

Algorithms:

Data Structures:

Route Optimization for Last-Mile Delivery

A system that calculates the most efficient routes for delivery vehicles, considering factors like traffic, delivery windows, and vehicle capacity.

Description

Code Implementation

GitHub Link to Code

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Inventory Optimization System

An AI-driven system that predicts demand, optimizes stock levels, and automates reordering processes across multiple warehouses.

Description

image

Code Implementation

GitHub Link to Code

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Supplier Performance Tracking System

A system that monitors, evaluates, and ranks supplier performance based on multiple criteria such as quality, on-time delivery, and cost. Description

Code Implementation

GitHub Link to Code

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Warehouse Layout Optimization

A system that optimizes the placement of goods within a warehouse to minimize picking time and improve overall efficiency.

Description

Screenshot 2024-07-07 194128

Code Implementation

GitHub Link to Code

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Demand Forecasting System

Description

An advanced analytics system that predicts future demand for products based on historical data, market trends, and external factors.

Code Implementation

GitHub Link to Code

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Supply Chain Risk Management System

Description

A system that identifies, assesses, and mitigates risks across the supply chain, including supplier failures, geopolitical events, and natural disasters.

image

Code Implementation

GitHub Link to Code

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Multi-Echelon Inventory Optimization

Description

A system that optimizes inventory levels across multiple tiers of the supply chain, from raw materials to finished goods.

Code Implementation

GitHub Link to Code

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Predictive Maintenance System

Description

An IoT-based system that monitors equipment health in real-time and predicts maintenance needs to prevent breakdowns and optimize maintenance schedules.

image

Code Implementation

GitHub Link to Code

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Collaborative Demand and Supply Planning

Description

A platform that enables real-time collaboration between suppliers, manufacturers, and retailers to align demand forecasts with supply plans.

image

Code Implementation

GitHub Link to Code

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Smart Contract Management System

Description

A blockchain-based system that automates contract execution, payments, and compliance monitoring across the supply chain.

image

Code Implementation

GitHub Link to Code

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Network Design Optimization

Description

A system that optimizes the design of the supply chain network, including the location and capacity of facilities, transportation links, and inventory placement.

Code Implementation

Here is sample code:

GitHub Link to Code

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Reverse Logistics Optimization

Description

A system that optimizes the collection, processing, and disposition of returned goods, minimizing costs and maximizing value recovery.

image

Code Implementation

Here is sample code:

GitHub Link to Code

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Dynamic Pricing Optimization

Description

A system that adjusts product prices in real-time based on demand, inventory levels, competitor pricing, and other market factors.

image

Code Implementation

Here is sample code:

GitHub Link to Code

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Sustainable Supply Chain Management

Description

A system that monitors, reports, and optimizes the environmental and social impact of supply chain operations, including carbon emissions, water usage, and fair labor practices.

Code Implementation

Here is sample code:

GitHub Link to Code

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Supply Chain Finance Optimization

Description

A system that optimizes working capital across the supply chain through techniques such as dynamic discounting, reverse factoring, and inventory financing.

image

Code Implementation

Here is sample code:

GitHub Link to Code

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References

  1. Bandekar, Shraddha. (2019). Optimization Algorithm in Supply Chain Management. International Journal of Innovative Technology and Exploring Engineering. 8. 5072-5079. 10.35940/ijitee.L2724.1081219. LINK

  2. Supply chain optimization using machine learning methods. A manufacturing case study. Manasas Vasileios SID: 33081170010 LINK

  3. Supply Chain Design and Optimization: Challenges and Opportunities Daniel J. Garcia, Fengqi LINK