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This book provides practical insights into applications of the
state-of-the-art of Machine Learning and Artificial Intelligence
(AI) for solving intriguing and complex problems in procurement and
supply chain management. The application domain includes perishable
food supply chain, steel price prediction, electric vehicle
charging infrastructure design, contract price negotiation, reverse
logistics network design, and demand forecasting. Further, the book
highlights the advanced topics in the procurement field, like AI in
green procurement and e-procurement in the pharma sector.
Furthermore, the book covers applications of well-established
methodologies such as heuristics, optimization, game theory, and
MCDM based on the nature of the problem. The inclusion of the
vaccine supply chain digital twin and blockchain-based procurement
signals the significance of the book. This book is a comprehensive
guide for industry professionals to understand the power of data
analytics, enabling them to improve efficiency and effectiveness in
the procurement and supply chain sectors.
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