Impact of Predictive Analytics of Big Data in Supply Chain Management on Decision-Making

Authors

  • Wafula M. Patrick  Department of Information Technology, Kibabii University, Bungoma Kenya
  • Dr. Peters I. Anselemo  PhD, Department of Information Technology, Kibabii University, Bungoma, Kenya
  • Dr. Richard Ronoh  PhD, Department of Computer Science, Kibabii University, Bungoma, Kenya
  • Prof. Samuel Mbugua  PhD, Department of Information Technology, Kibabii University, Bungoma, Kenya

DOI:

https://doi.org//10.32628/CSEIT228423

Keywords:

Supply Chain Management, Decision-Making

Abstract

The beginning of information technology has led to a burst of data in every sector of operation. Handling huge volume of data to mine useful information to support decision making is one of the current sources of competitive advantage for organizations. However, preceding research literature on predictive analytics has attributed a lack of direct causal influence on predictive analytics in a manner that support Supply Chain Management in utility companies’ performance. This is as a result of huge data posing great challenges to practitioners when incorporating it into their complex decision making which adds business value. The purpose of this study was to introduce predictive analytics in supply chain management framework that enhances decision making in Kenya Power and lighting Company in Kenya. The study was guided by the following research objectives; to assess the existing predictive analytics in Supply Chain Management, to analyse existing supply chain management systems in utility companies in Kenya and to develop an integrated predictive analytics framework for big data in supply chain management for decision making in Kenya Power and lighting Company in Kenya. This research employed the Design Science research design because one of the key outcomes of the research was framework development. The study was carried out in Kenya Power & Lighting Company in Western Region in the republic of Kenya. The target population was 10 regional finance officers, 10 regional procurement officers, 47 county stores in-charges, 47 county project supervisors and 47 county business managers totalling to 161 as the sample size. The main tools for data collection were questionnaires, interview schedules and documentary review.

References

  1. Alavi, M., &Leidner, D. (2018). Knowledge management systems: Emerging views and practices from the field. Proceedings of the Hawaii International Conference on System Sciences. https://doi.org/10.1109/hicss.1999.772754
  2. Awwad, M. A., Kulkarni, P., Marathe, A., Awwad, M., &Bapna, R. (2018). Big Data Analytics in Supply Chain: A Literature Review Unconventional Logistics Systems View project Sustainable Last Mile Logistics View project Big Data Analytics in Supply Chain: A Literature Review. https://www.researchgate.net/publication/327979282
  3. Benabdellah, A. C., Benghabrit, A., Bouhaddou, I., &Zemmouri, E. M. (2016). Big data for supply chain management: Opportunities and challenges. Proceedings of IEEE/ACS International Conference on Computer Systems and Applications, AICCSA. https://doi.org/10.1109/AICCSA.2016.7945828
  4. Bertsimas, D., Kallus, N., & Hussain, A. (2016). Inventory Management in the Era of Big Data. Production and Operations Management, 25(12), 2006–2009. https://doi.org/10.1111/poms.2_12637
  5. Bhadani, A. K., &Jothimani, D. (2016). Big data: Challenges, opportunities, and realities. Effective Big Data Management and Opportunities for Implementation, 1–24. https://doi.org/10.4018/978-1-5225-0182-4.ch001
  6. Biswas, S., & Sen, J. (2016). A Proposed Architecture for Big Data Driven Supply Chain Analytics. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2795906
  7. Chen, M., Mao, S., & Liu, Y. (2018). Big data: A survey. Mobile Networks and Applications. https://doi.org/10.1007/s11036-013-0489-0
  8. Fawcett, S. E., & Waller, M. A. (2015). Supply chain game changers-mega, nano, and virtual trends-and forces that impede supply chain design (i.e., Building a Winning Team). Journal of Business Logistics. https://doi.org/10.1111/jbl.12058
  9. FossoWamba, S., & Mishra, D. (2017). Big data integration with business processes: a literature review. In Business Process Management Journal. https://doi.org/10.1108/BPMJ-02-2017-0047
  10. Govindan, K., Cheng, T. C. E., Mishra, N., & Shukla, N. (2018). Big data analytics and application for logistics and supply chain management. In Transportation Research Part E: Logistics and Transportation Review (Vol. 114, pp. 343–349). Elsevier Ltd. https://doi.org/10.1016/j.tre.2018.03.011
  11. Hazen, B. T., Boone, C. A., Ezell, J. D., & Jones-Farmer, L. A. (2014). Data quality for data science, predictive analytics, and big data in supply chain management: An introduction to the problem and suggestions for research and applications. International Journal of Production Economics. https://doi.org/10.1016/j.ijpe.2014.04.018
  12. Hershkovitz, A., &Nachmias, R. (2017). Consistency of students’ pace in online learning. EDM’09 - Educational Data Mining 2009: 2nd International Conference on Educational Data Mining.
  13. Jefferson, L. L., Nighswander, J. A., & Chang-Yen, D. A. (2016). Scalable, database architecture for storage of PVT data. Proceedings - Petroleum Computer Conference. https://doi.org/10.2118/35988-pa
  14. Li, H., &Lü, X. (2014). Challenges and trends of big data analytics. Proceedings - 2014 9th International Conference on P2P, Parallel, Grid, C
  15. Jain, G. P. (2017). Predictive analytics In Big Data Analytics. Conference: Recent Trends and Innovations in Computer Science and Information Technology. Jalgaon, Maharashtra.
  16. loud and Internet Computing, 3PGCIC 2014. https://doi.org/10.1109/3PGCIC.2014.136
  17. Lourenço, H. R., &Ravetti, M. G. (2018). Supply chain management. In Handbook of Heuristics. https://doi.org/10.1007/978-3-319-07124-4_54
  18. Madhani, P. (2017). Resource Based View (RBV) of Competitive Advantage: An Overview. …  BASED VIEW: CONCEPTS AND PRACTICES, Pankaj …, March, 2–22. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1578704
  19. Moktadir, M. A., Ali, S. M., Paul, S. K., & Shukla, N. (2019). Barriers to big data analytics in manufacturing supply chains: A case study from Bangladesh. Computers and Industrial Engineering, 128(April), 1063–1075. https://doi.org/10.1016/j.cie.2018.04.013
  20. Varela, I. R., &Tjahjono, B. (2014). Big data analytics in supply chain management: trends and related research. 6th International Conference on Operations and Supply Chain Management, 1(1), 2013–2014. https://doi.org/10.13140/RG.2.1.4935.2563
  21. Waller, M. A., & Fawcett, S. E. (2015). Data science, predictive analytics, and big data: A           revolution that will transform supply chain design and management. Journal of      Business Logistics. https://doi.org/10.1111/jbl.12010.
  22. https://intranetportal.kplc.co.ke/Divisions/SupplyandLogistics/Documents/Supply%20Chain%20Report%20for%20Upload%202016-2017.docx

Downloads

Published

2022-08-30

Issue

Section

Research Articles

How to Cite

[1]
Wafula M. Patrick, Dr. Peters I. Anselemo, Dr. Richard Ronoh, Prof. Samuel Mbugua, " Impact of Predictive Analytics of Big Data in Supply Chain Management on Decision-Making, IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology(IJSRCSEIT), ISSN : 2456-3307, Volume 8, Issue 4, pp.225-238, July-August-2022. Available at doi : https://doi.org/10.32628/CSEIT228423