THE ROLE OF BUSINESS ANALYTICS IN SUPPLY CHAIN MANAGEMENT
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: THE ROLE OF BUSINESS ANALYTICS IN SUPPLY CHAIN MANAGEMENT
This study aims to explore the role of business analytics in optimizing supply chain management practices and enhancing operational efficiency within organizations. The objectives include assessing how analytics tools and techniques contribute to demand forecasting, inventory optimization, and logistics management. A survey research design is employed to gather quantitative data from 300 participants using the Taro Yamane formula to ensure a statistically significant sample size. The case study focuses on a retail chain in Enugu, Nigeria, known for its agile supply chain operations supported by advanced analytics capabilities. The reliability coefficient score, measured through internal consistency measures, is 0.86, indicating strong reliability of the research findings. Findings indicate that business analytics enable organizations to improve supply chain visibility, reduce lead times, and mitigate operational risks by providing real-time insights into inventory levels, supplier performance, and customer demand patterns. The study recommends that organizations adopt predictive analytics tools, integrate data from IoT devices, and collaborate closely with supply chain partners to enhance agility and resilience in global supply chain networks.
Related Project Materials
THE ACCURACY OF MORTGAGE VALUATION AS A LENDING REQUIREMENT FOR SELECTED BANKS IN KADUNA METROPOLIS
Background of the study
Landed property is frequently a significant percentage of a company'...
COMPARATIVE EFFECT OF CO-OPERATIVE LEARNING STRATEGY AND INQUIRY BASED METHOD
Abstract
Science may be viewed as a way of questioning or verifying the truthfulness of knowled...
A CRITICAL APPRISAL OF LEGITIMACY AND LEGITIMATION UNDER NIGERIAN FAMILY LAW
ABSTRACT
This long essay is concerned with the concept of legitimacy, which is an important concept, as it determines th...
A STUDY OF THE PROBLEMS FACING THE MARKETING OF POULTRY PRODUCT IN EGOR LOCAL GOVERNMENT AREA IN EDO STATE.
ABSTRACT
The purpose of this study was to investigate problem problems facing the marketing of poultry product in Eg...
iSight: An Object Recognition Application for Visually Impaired Individuals
ABSTRACT
Assistive technologies to aid the visually impaired have evolved over time from screenreading software, magnification programs a...
EFFECTS OF LEADERSHIP STYLE ON EXECUTIVE SECRETARY RELATIONSHIP AND PRODUCTIVITY
ABSTRACT
This study was carried out on the effects of leadership style on executive secretary relations...
ANALYSIS OF FACTORS THAT ARE MILITATING AGAINST EFFECTIVE TEACHING AND LEARNING OF SECONDARY SCHOOL STUDENTS
ABSTRACT
Teaching is a set of events, outside the learners which are designed to support internal process of learning or...
ASSESSMENT OF KNOWLEDGE, ATTITUDE AND PRACTICE OF SOLID WASTE MANAGEMENT AMONG HOUSEHOLDS IN NIGERIA
ABSTRACT
This study was conducted to assess knowledge, attitude and practice of solid waste management among households in Katsina State,...
A CRITICAL EXAMINATION OF COLLECTIVE BARGAINING AND ITS ROLE IN LABOUR RELATIONS IN NIGERIA
ABSTRACT
Just as it is common for conflicts to arise in every human relationship, the relationship between an employer and an employee is...
AN APPRAISAL OF EMPLOYEES’ COMPENSATION UNDER NIGERIAN LAW
ABSTRACT
Over the years, laws have generally evolved ways and grounds of compensating employees for job-related disabilities and risks, b...
