Predictive Big Data Analytics For Supply Chain Demand Forecasting: Methods, Applications, and Research Opportunities
Predictive Big Data Analytics For Supply Chain Demand Forecasting: Methods, Applications, and Research Opportunities
https://doi.org/10.1186/s40537-020-00329-2
*Correspondence:
f.mafakheri@concordia.ca Abstract
Concordia Institute Big data analytics (BDA) in supply chain management (SCM) is receiving a growing
for Information Systems
Engineering (CIISE), attention. This is due to the fact that BDA has a wide range of applications in SCM,
Concordia University, including customer behavior analysis, trend analysis, and demand prediction. In this
Montreal H3G 1M8, Canada survey, we investigate the predictive BDA applications in supply chain demand fore-
casting to propose a classification of these applications, identify the gaps, and provide
insights for future research. We classify these algorithms and their applications in sup-
ply chain management into time-series forecasting, clustering, K-nearest-neighbors,
neural networks, regression analysis, support vector machines, and support vector
regression. This survey also points to the fact that the literature is particularly lacking
on the applications of BDA for demand forecasting in the case of closed-loop supply
chains (CLSCs) and accordingly highlights avenues for future research.
Keywords: Demand forecasting, Supply chain management, Closed-loop supply
chains, Big data analytics, Machine-learning
Introduction
Nowadays, businesses adopt ever-increasing precision marketing efforts to remain com-
petitive and to maintain or grow their margin of profit. As such, forecasting models have
been widely applied in precision marketing to understand and fulfill customer needs and
expectations [1]. In doing so, there is a growing attention to analysis of consumption
behavior and preferences using forecasts obtained from customer data and transaction
records in order to manage products supply chains (SC) accordingly [2, 3].
Supply chain management (SCM) focuses on flow of goods, services, and information
from points of origin to customers through a chain of entities and activities that are con-
nected to one another [4]. In typical SCM problems, it is assumed that capacity, demand,
and cost are known parameters [5]. However, this is not the case in reality, as there are
uncertainties arising from variations in customers’ demand, supplies transportation,
organizational risks and lead times. Demand uncertainties, in particular, has the great-
est influence on SC performance with widespread effects on production scheduling,
© The Author(s) 2020. This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing,
adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and
the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material
in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material
is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the
permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativeco
mmons.org/licenses/by/4.0/.
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 2 of 22
inventory planning, and transportation [6]. In this sense, demand forecasting is a key
approach in addressing uncertainties in supply chains [7–9].
A variety of statistical analysis techniques have been used for demand forecasting in
SCM including time-series analysis and regression analysis [10]. With the advancements
in information technologies and improved computational efficiencies, big data analytics
(BDA) has emerged as a means of arriving at more precise predictions that better reflect
customer needs, facilitate assessment of SC performance, improve the efficiency of SC,
reduce reaction time, and support SC risk assessment [11].
The focus of this meta-research (literature review) paper is on “demand forecasting”
in supply chains. The characteristics of demand data in today’s ever expanding and spo-
radic global supply chains makes the adoption of big data analytics (and machine learn-
ing) approaches a necessity for demand forecasting. The digitization of supply chains
[12] and incoporporation Blockchain technologies [13] for better tracking of supply
chains further highlights the role of big data analytics. Supply chain data is high dimen-
sional generated across many points in the chain for varied purposes (products, supplier
capacities, orders, shipments, customers, retailers, etc.) in high volumes due to plurality
of suppliers, products, and customers and in high velocity reflected by many transac-
tions continuously processed across supply chain networks. In the sense of such com-
plexities, there has been a departure from conventional (statistical) demand forecasting
approaches that work based on identifying statistically meannignful trends (character-
ized by mean and variance attributes) across historical data [14], towards intelligent
forecasts that can learn from the historical data and intelligently evolve to adjust to
predict the ever changing demand in supply chains [15]. This capability is established
using big data analytics techniques that extract forecasting rules through discovering the
underlying relationships among demand data across supply chain networks [16]. These
techniques are computationally intensive to process and require complex machine-pro-
grammed algorithms [17].
With SCM efforts aiming at satisfying customer demand while minimizing the total
cost of supply, applying machine-learning/data analytics algorithms could facilitate pre-
cise (data-driven) demand forecasts and align supply chain activities with these predic-
tions to improve efficiency and satisfaction. Reflecting on these opportunities, in this
paper, first a taxonmy of data sources in SCM is proposed. Then, the importance of
demand management in SCs is investigated. A meta-research (literature review) on BDA
applications in SC demand forecasting is explored according to categories of the algo-
rithms utilized. This review paves the path to a critical discussion of BDA applications
in SCM highlighting a number of key findings and summarizing the existing challenges
and gaps in BDA applications for demand forecasting in SCs. On that basis, the paper
concludes by presenting a number of avenues for future research.
over an extended period of time (temporal dimension) in SCs. For example, in case
of freight data, we have ERP/WMS order and item-level data, tracking, and freight
invoice data. These data are generated from sensors, bar codes, Enterprise resource
planning (ERP), and database technologies. Velocity can be defined as the rate of gen-
eration and delivery of specific data; in other words, it refers to the speed of data
collection, reliability of data transferring, efficiency of data storage, and excavation
speed of discovering useful knowledge as relate to decision-making models and algo-
rithms. Variety refers to generating varied types of data from diverse sources such
as the Internet of Things (IoT), mobile devices, online social networks, and so on.
For instance, the vast data from SCM are usually variable due to the diverse sources
and heterogeneous formats, particularly resulted from using various sensors in manu-
facturing sites, highways, retailer shops, and facilitated warehouses. Value refers to
the nature of the data that must be discovered to support decision-making. It is the
most important yet the most elusive, of the 5 Vs. Veracity refers to the quality of data,
which must be accurate and trustworthy, with the knowledge that uncertainty and
unreliability may exist in many data sources. Veracity deals with conformity and accu-
racy of data. Data should be integrated from disparate sources and formats, filtered
and validated [23, 44, 45]. In summary, big data analytics techniques can deal with a
collection of large and complex datasets that are difficult to process and analyze using
traditional techniques [46].
The literature points to multiple sources of big data across the supply chains with
varied trade-offs among volume, velocity, variety, value, and veracity attributes [47].
We have summarized these sources and trade-offs in Table 1. Although, the demand
forecasts in supply chains belong to the lower bounds of volume, velocity, and variety,
however, these forecasts can use data from all sources across the supply chains from
low volume/variety/velocity on-the-shelf inventory reports to high volume/variety/
velocity supply chain tracking information provided through IoT. This combination
of data sources used in SC demand forecasts, with their diverse temporal and spatial
attributes, places a greater emphasis on use of big data analytics in supply chains, in
general, and demand forecasting efforts, in particular.
The big data analytics applications in supply chain demand forecasting have been
reported in both categories of supervised and unsupervised learning. In supervised
learning, data will be associated with labels, meaning that the inputs and outputs
are known. The supervised learning algorithms identify the underlying relationships
between the inputs and outputs in an effort to map the inputs to corresponding out-
puts given a new unlabeled dataset [48]. For example, in case of a supervised learning
model for demand forecasting, future demand can be predicted based on the histori-
cal data on product demand [41]. In unsupervised learning, data are unlabeled (i.e.
unknown output), and the BDA algorithms try to find the underlying patterns among
unlabeled data [48] by analyzing the inputs and their interrelationships. Customer
segmentation is an example of unsupervised learning in supply chains that clusters
different groups of customers based on their similarity [49]. Many machine-learn-
ing/data analytics algorithms can facilitate both supervised learning (extracting the
input–output relationships) and unsupervised learning (extracting inputs, outputs
and their relationships) [41].
Table 1 Data sources classification in SC
Data sources Procurement Transportation Demand chain Warehouse Volume Velocity Variety
operations
Low Medium High Low Medium High Low Medium High
Seyedan and Mafakheri J Big Data
EDI invoices * * * *
EDI purchase orders * * * *
Crowd-based Pickup and Delivery * * * *
GPS-enabled big data telematics * * * *
(2020) 7:53
Table 1 (continued)
Data sources Procurement Transportation Demand chain Warehouse Volume Velocity Variety
operations
Low Medium High Low Medium High Low Medium High
Blogs and news * * * * * *
Call logs voice audio * * * * * *
Internet of things sensing * * * * * *
RFID * * * * * *
Call center logs * * * * * * * *
Email records * * * * * * *
ERP transaction data * * * * * * *
Machine-generated data * * * * * * * *
On-shelf-availability * * * * * * * *
Page 6 of 22
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 7 of 22
14
12
10
Frequency
8
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Year
Fig. 2 Distribution of literature in supply chain demand forecasting from 2005 to 2019
1 Neural networks 30
2 Regression 27
3 Time-series forecasting (ARIMA) 13
4 Support vector machine 8
5 Decision tree 8
existing literature, through Scopus, Google Scholar, and Elsevier, with publication
dates ranging from 2005 to 2019. The keywords used for the search were supply chain,
demand forecasting, sales forecasting, big data analytics, and machine learning.
Figure 2 shows the trend analysis of publications in demand forecasting for SC
appeared from 2005 to 2019. There is a steadily increasing trend in the number of
publications from 2005 to 2019. It is expected that such growth continues in 2020.
Reviewing the past 15 years of research on big data analysis/machine learning appli-
cations in SC demand forecasting, we identified 64 research papers (excluding books,
book chapters, and review papers) and categorized them with respect to the method-
ologies adopted for demand forecasting. The five most frequently used techniques are
listed in Table 2 that includes “Neural Network,” “Regression”, “Time-series forecast-
ing (ARIMA)”, “Support Vector Machine”, and “Decision Tree” methods. This table
implies the growing use of big data analysis techniques in SC demand forecasting. It
shall be mentioned that there were a few articles using multiple of these techniques.
It shall be mentioned that there are literature review papers exploring the use of big
data analytics in SCM [10, 16, 23, 54–67]. However, this study focuses on the specific
topic of “demand forecasting” in SCM to explore BDA applications in line with this
particular subtopic in SCM.
As Hofmann and Rutschmann [58] indicated in their literature review, the key
questions to answer are why, what and how big data analytics/machine-learning
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 9 of 22
Time‑series forecasting
Time series are methodologies for mining complex and sequential data types. In time-
series data, sequence data, consisting of long sequences of numeric data, recorded
at equal time intervals (e.g., per minute, per hour, or per day). Many natural and
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 10 of 22
Table 3 (continued)
Literature (2005–2019) Predictive BDA techniques Demand forecasting
SC application
ANN Clustering KNN Regression SVM SVR TSF
Clustering analysis
Clustering analysis is a data analysis approach that partitions a group of data objects into
subgroups based on their similarities. Several applications of clustering analysis has been
reported in business analytics, pattern recognition, and web development [48]. Han et al.
[48] have emphasized the fact that using clustering customers can be organized into
groups (clusters), such that customers within a group present similar characteristic.
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 12 of 22
K‑nearest‑neighbor (KNN)
KNN is a method of classification that has been widely used for pattern recognition.
KNN algorithm identifies the similarity of a given object to the surrounding objects
(called tuples) by generating a similarity index. These tuples are described by n attrib-
utes. Thus, each tuple corresponds to a point in an n-dimensional space. The KNN algo-
rithm searches for k tuples that are closest to a given tuple [48]. These similarity-based
classifications will lead to formation of clusters containing similar objects. KNN can also
be integrated into regression analysis problems [78] for dimensionality reduction of the
data [79]. In the realm of demand forecasting in SC, Nikolopoulos et al. [80] applied
KNN for forecasting sporadic demand in an automotive spare parts supply chain. In
another study, KNN is used to forecast future trends of demand for Walmart’s supply
chain planning [81].
in forecasting spare parts demand to minimize supply chain shortages. In this case of
spare parts supply chain, although there were multiple suppliers to satisfy demand for
a variety of spare parts, the demand was subject to high variability due to a varying
number of customers and their varying needs. Their proposed ANN-based forecasting
approach included (1) 1 input demand feature with 1 Stock-Keeping Unit (SKU), (2) 1
input demand feature with all SKUs, (3) 16 input demand features with 1 SKU, and (4) 16
input demand features with all SKUs. They applied neural networks with back propaga-
tion and compared the results with a number of benchmarks reporting a Mean Square
Error (MSE) for each configuration scenario.
Huang et al. [89] compared a backpropagation (BP) neural network and a linear regres-
sion analysis for forecasting of e-logistics demand in urban and rural areas in China
using data from 1997 to 2015. By comparing mean absolute error (MAE) and the average
relative errors of backpropagation neural network and linear regression, they showed
that backpropagation neural networks could reach higher accuracy (reflecting lower dif-
ferences between predicted and actual data). This is due to the fact that a Sigmoid func-
tion was used as the transfer function in the hidden layer of BP, which is differentiable
for nonlinear problems such as the one presented in their case study, whereas the linear
regression works well with linear problems.
ANNs have also been applied in demand forecasting for server models with one-week
demand prediction ahead of order arrivals. In this regard, Saha et al. [90] proposed an
ANN-based forecasting model using a 52-week time-series data fitted through both
BP and Radial Basis Function (RBF) networks. A RBF network is similar to a BP net-
work except for the activation/transfer function in RBF that follows a feed-forward
process using a radial basis function. RBF results in faster training and convergence to
ANN weights in comparison with BP networks without compromising the forecasting
precision.
Researchers have combined ANN-based machine-learning algorithms with optimiza-
tion models to draw optimal courses of actions, strategies, or decisions for future. Chang
et al. [91] employed a genetic algorithm in the training phase of a neural network using
sales/supply chain data in the printed circuit board industry in Taiwan and presented an
evolving neural network-forecasting model. They proposed use of a Genetic Algorithms
(GA)-based cost function optimization to arrive at the best configuration of the corre-
sponding neural network for sales forecast with respect to prediction precision. The pro-
posed model was then compared to back-propagation and linear regression approaches
using three performance indices of MAPE, Mean Absolute Deviation (MAD), and Total
Cost Deviation (TCD), presenting its superior prediction precision.
Regression analysis
Regression models are used to generate continuous-valued functions utilized for predic-
tion. These methods are used to predict the value of a response (dependent) variable
with respect to one or more predictor (independent) variables. There are various forms
of regression analysis, such as linear, multiple, weighted, symbolic (random), polyno-
mial, nonparametric, and robust. The latter approach is useful when errors fail to satisfy
normalcy conditions or when we deal with big data that could contain significant num-
ber of outliers [48].
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 14 of 22
Merkuryeva et al. [92] analyzed three prediction approaches for demand forecasting
in the pharmaceutical industry: a simple moving average model, multiple linear regres-
sions, and a symbolic regression with searches conducted through an evolutionary
genetic programming. In this experiment, symbolic regression exhibited the best fit with
the lowest error.
As perishable products must be sold due to a very short preservation time, demand
forecasting for this type of products has drawn increasing attention. Yang and Sutrisno
[93] applied and compared regression analysis and neural network techniques to derive
demand forecasts for perishable goods. They concluded that accurate daily forecasts are
achievable with knowledge of sales numbers in the first few hours of the day using either
of the above methods.
Mixed approaches
Some works in the literature have used a combination of the aforementioned techniques.
In these studies, the data flow into a sequence of algorithms and the outputs of one stage
become inputs of the next step. The outputs are explanatory in the form of qualitative
and quantitative information with a sequence of useful information extracted out of
each algorithm. Examples of such studies include [15, 98–105].
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 15 of 22
In more complex supply chains with several points of supply, different warehouses,
varied customers, and several products, the demand forecasting becomes a high dimen-
sional problem. To address this issue, Islek and Oguducu [100] applied a clustering
technique, called bipartite graph clustering, to analyze the patterns of sales for different
products. Then, they combined a moving average model and a Bayesian belief network
approaches to improve the accuracy of demand forecasting for each cluster. Kilimci et al.
[101] developed an intelligent demand forecasting system by applying time-series and
regression methods, a support vector regression algorithm, and a deep learning model
in a sequence. They dealt with a case involving big amount of data accounting for 155
features over 875 million records. First, they used a principal component analysis for
dimension reduction. Then, data clustering was performed. This is followed by demand
forecasting for each cluster using a novel decision integration strategy called boosting
ensemble. They concluded that the combination of a deep neural network with a boost-
ing strategy yielded the best accuracy, minimizing the prediction error for demand
forecasting.
Chen and Lu [98] combined clustering algorithms of SOM, a growing hierarchical self-
organizing mapping (GHSOM), and K-means, with two machine-learning techniques
of SVR and extreme learning machine (ELM) in sales forecasting of computers. The
authors found that the combination of GHSOM and ELM yielded better accuracy and
performance in demand forecasts for their computer retailing case study. Difficulties in
forecasting also occur in cases with high product variety. For these types of products in
an SC, patterns of sales can be extracted for clustered products. Then, for each cluster, a
machine-learning technique, such as SVR, can be employed to further improve the pre-
diction accuracy [104].
Brentan et al. [106] used and analyzed various BDA techniques for demand prediction;
including support vector machines (SVM), and adaptive neural fuzzy inference systems
(ANFIS). They combined the predicted values derived from each machine learning tech-
niques, using a linear regression process to arrive at an average prediction value adopted
as the benchmark forecast. The performance (accuracy) of each technique is then ana-
lyzed with respect to their mean square root error (RMSE) and MAE values obtained
through comparing the target values and the predicted ones.
In summary, Table 3 provides an overview of the recent literature on the application of
Predictive BDA in demand forecasting.
Discussions
The data produced in SCs contain a great deal of useful knowledge. Analysis of such
massive data can help us to forecast trends of customer behavior, markets, prices, and
so on. This can help organizations better adapt to competitive environments. To forecast
demand in an SC, with the presences of big data, different predictive BDA algorithms
have been used. These algorithms could provide predictive analytics using time-series
approaches, auto-regressive methods, and associative forecasting methods [10]. The
demand forecasts from these BDA methods could be integrated with product design
attributes as well as with online search traffic mapping to incorporate customer and
price information [37, 71].
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 16 of 22
world and computer-based systems. The results include improved efficiency, accu-
racy, and economic benefit across SCs [50, 54, 110].
Radio frequency identification (RFID) is another technology that has become very
popular in SCs. RFID can be used for automation of processes in an SC, and it is useful
for coordination of forecasts in CLSCs with dispersed points of return and varied quan-
tities and qualities of returned used products [10, 111–114].
Conclusions
The growing need to customer behavior analysis and demand forecasting is deriven by
globalization and increasing market competitions as well as the surge in supply chain
digitization practices. In this study, we performed a thorough review for applications of
predictive big data analytics (BDA) in SC demand forecasting. The survey overviewed
the BDA methods applied to supply chain demand forecasting and provided a compar-
ative categorization of them. We collected and analyzed these studies with respect to
methods and techniques used in demand prediction. Seven mainstream techniques were
identified and studied with their pros and cons. The neural networks and regression
analysis are observed as the two mostly employed techniques, among others. The review
also pointed to the fact that optimization models or simulation can be used to improve
the accuracy of forecasting through formulating and optimizing a cost function for the
fitting of the predictions to data.
One key finding from reviewing the existing literature was that there is a very limited
research conducted on the applications of BDA in CLSC and reverse logistics. There are
key benefits in adopting a data-driven approach for design and management of CLSCs.
Due to increasing environmental awareness and incentives from the government, nowa-
days a vast quantity of returned (used) products are collected, which are of various types
and conditions, received and sorted in many collection points. These uncertainties have
a direct impact on the cost-efficiency of remanufacturing processes, the final price of
the refurbished products and the demand for these products [115]. As such, design and
operation of CLSCs present a case for big data analytics from both supply and demand
forecasting perspectives.
Abbreviations
ANFIS: Adaptive neural fuzzy inference systems; ARIMA: Auto regressive integrated moving average; ANN: Artificial neural
network; BDA: Big data analytics; BP: Backpropagation; CLSC: Closed-loop supply chain; ELM: Extreme learning machine;
ERP: Enterprise resource planning; GA: Genetic algorithms; GHSOM: Growing hierarchical self-organizing map; HW:
Holt-winters; IoT: Internet of things; KNN: K-nearest-neighbor; MAD: Mean absolute deviation; MAE: Mean absolute error;
MAPE: Mean absolute percentage error; MSE: Mean square error; RMSE: Mean square root error; RBF: Radial basis func-
tion; PSO: Particle swarm optimization; SOMs: Self-organizing maps; SKU: Stock-keeping unit; SCA: Supply chain analytics;
SC: Supply chain; SCM: Supply chain management; SVM: Support vector machine; SVR: Support vector regression; TSF:
Time-series forecasting; TCD: Total cost deviation; U-Theil: Theil inequality index.
Acknowledgements
The authors are very much thankful to anonymous reviewers whose comments and suggestion were very helpful in
improving the quality of the manuscript.
Authors’ contributions
The authors contributed equally to the writing of the paper. First author conducted the literature search. Both authors
read and approved the final manuscript.
Funding
None.
Ethics approval
Not applicable.
Competing interests
The authors declare no competing or conflicting interests.
References
1. You Z, Si Y-W, Zhang D, Zeng X, Leung SCH, Li T. A decision-making framework for precision marketing. Expert Syst
Appl. 2015;42(7):3357–67. https://doi.org/10.1016/J.ESWA.2014.12.022.
2. Guo ZX, Wong WK, Li M. A multivariate intelligent decision-making model for retail sales forecasting. Decis Sup-
port Syst. 2013;55(1):247–55. https://doi.org/10.1016/J.DSS.2013.01.026.
3. Wei J-T, Lee M-C, Chen H-K, Wu H-H. Customer relationship management in the hairdressing industry: an applica-
tion of data mining techniques. Expert Syst Appl. 2013;40(18):7513–8. https://doi.org/10.1016/J.ESWA.2013.07.053.
4. Lu LX, Swaminathan JM. Supply chain management. Int Encycl Soc Behav Sci. 2015. https://doi.org/10.1016/B978-
0-08-097086-8.73032-7.
5. Gholizadeh H, Tajdin A, Javadian N. A closed-loop supply chain robust optimization for disposable appliances.
Neural Comput Appl. 2018. https://doi.org/10.1007/s00521-018-3847-9.
6. Tosarkani BM, Amin SH. A possibilistic solution to configure a battery closed-loop supply chain: multi-objective
approach. Expert Syst Appl. 2018;92:12–26. https://doi.org/10.1016/J.ESWA.2017.09.039.
7. Blackburn R, Lurz K, Priese B, Göb R, Darkow IL. A predictive analytics approach for demand forecasting in the
process industry. Int Trans Oper Res. 2015;22(3):407–28. https://doi.org/10.1111/itor.12122.
8. Boulaksil Y. Safety stock placement in supply chains with demand forecast updates. Oper Res Perspect. 2016;3:27–
31. https://doi.org/10.1016/J.ORP.2016.07.001.
9. Tang CS. Perspectives in supply chain risk management. Int J Prod Econ. 2006;103(2):451–88. https://doi.
org/10.1016/J.IJPE.2005.12.006.
10. Wang G, Gunasekaran A, Ngai EWT, Papadopoulos T. Big data analytics in logistics and supply chain management:
certain investigations for research and applications. Int J Prod Econ. 2016;176:98–110. https://doi.org/10.1016/J.
IJPE.2016.03.014.
11. Awwad M, Kulkarni P, Bapna R, Marathe A. Big data analytics in supply chain: a literature review. In: Proceedings of
the international conference on industrial engineering and operations management, 2018(SEP); 2018, p. 418–25.
12. Büyüközkan G, Göçer F. Digital Supply Chain: literature review and a proposed framework for future research.
Comput Ind. 2018;97:157–77.
13. Kshetri N. 1 Blockchain’s roles in meeting key supply chain management objectives. Int J Inf Manage.
2018;39:80–9.
14. Michna Z, Disney SM, Nielsen P. The impact of stochastic lead times on the bullwhip effect under correlated
demand and moving average forecasts. Omega. 2019. https://doi.org/10.1016/J.OMEGA.2019.02.002.
15. Zhu Y, Zhao Y, Zhang J, Geng N, Huang D. Spring onion seed demand forecasting using a hybrid Holt-Winters and
support vector machine model. PLoS ONE. 2019;14(7):e0219889. https://doi.org/10.1371/journal.pone.0219889.
16. Govindan K, Cheng TCE, Mishra N, Shukla N. Big data analytics and application for logistics and supply chain man-
agement. Transport Res Part E Logist Transport Rev. 2018;114:343–9. https://doi.org/10.1016/J.TRE.2018.03.011.
17. Bohanec M, Kljajić Borštnar M, Robnik-Šikonja M. Explaining machine learning models in sales predictions. Expert
Syst Appl. 2017;71:416–28. https://doi.org/10.1016/J.ESWA.2016.11.010.
18. Constante F, Silva F, Pereira A. DataCo smart supply chain for big data analysis. Mendeley Data. 2019. https://doi.
org/10.17632/8gx2fvg2k6.5.
19. Huber J, Gossmann A, Stuckenschmidt H. Cluster-based hierarchical demand forecasting for perishable goods.
Expert Syst Appl. 2017;76:140–51. https://doi.org/10.1016/J.ESWA.2017.01.022.
20. Ali MM, Babai MZ, Boylan JE, Syntetos AA. Supply chain forecasting when information is not shared. Eur J Oper Res.
2017;260(3):984–94. https://doi.org/10.1016/J.EJOR.2016.11.046.
21. Bian W, Shang J, Zhang J. Two-way information sharing under supply chain competition. Int J Prod Econ.
2016;178:82–94. https://doi.org/10.1016/J.IJPE.2016.04.025.
22. Mourtzis D. Challenges and future perspectives for the life cycle of manufacturing networks in the mass customi-
sation era. Logist Res. 2016;9(1):2.
23. Nguyen T, Zhou L, Spiegler V, Ieromonachou P, Lin Y. Big data analytics in supply chain management: a state-of-
the-art literature review. Comput Oper Res. 2018;98:254–64. https://doi.org/10.1016/J.COR.2017.07.004.
24. Choi Y, Lee H, Irani Z. Big data-driven fuzzy cognitive map for prioritising IT service procurement in the public sec-
tor. Ann Oper Res. 2018;270(1–2):75–104. https://doi.org/10.1007/s10479-016-2281-6.
25. Huang YY, Handfield RB. Measuring the benefits of erp on supply management maturity model: a “big data”
method. Int J Oper Prod Manage. 2015;35(1):2–25. https://doi.org/10.1108/IJOPM-07-2013-0341.
26. Miroslav M, Miloš M, Velimir Š, Božo D, Đorđe L. Semantic technologies on the mission: preventing corruption in
public procurement. Comput Ind. 2014;65(5):878–90. https://doi.org/10.1016/J.COMPIND.2014.02.003.
27. Zhang Y, Ren S, Liu Y, Si S. A big data analytics architecture for cleaner manufacturing and maintenance processes
of complex products. J Clean Prod. 2017;142:626–41. https://doi.org/10.1016/J.JCLEPRO.2016.07.123.
28. Shu Y, Ming L, Cheng F, Zhang Z, Zhao J. Abnormal situation management: challenges and opportunities in the
big data era. Comput Chem Eng. 2016;91:104–13. https://doi.org/10.1016/J.COMPCHEMENG.2016.04.011.
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 19 of 22
29. Krumeich J, Werth D, Loos P. Prescriptive control of business processes: new potentials through predictive
analytics of big data in the process manufacturing industry. Bus Inform Syst Eng. 2016;58(4):261–80. https://doi.
org/10.1007/s12599-015-0412-2.
30. Guo SY, Ding LY, Luo HB, Jiang XY. A Big-Data-based platform of workers’ behavior: observations from the field.
Accid Anal Prev. 2016;93:299–309. https://doi.org/10.1016/J.AAP.2015.09.024.
31. Chuang Y-F, Chia S-H, Wong J-Y. Enhancing order-picking efficiency through data mining and assignment
approaches. WSEAS Transactions on Business and Economics. 2014;11(1):52–64.
32. Ballestín F, Pérez Á, Lino P, Quintanilla S, Valls V. Static and dynamic policies with RFID for the scheduling of
retrieval and storage warehouse operations. Comput Ind Eng. 2013;66(4):696–709. https://doi.org/10.1016/J.
CIE.2013.09.020.
33. Alyahya S, Wang Q, Bennett N. Application and integration of an RFID-enabled warehousing management
system—a feasibility study. J Ind Inform Integr. 2016;4:15–25. https://doi.org/10.1016/J.JII.2016.08.001.
34. Cui J, Liu F, Hu J, Janssens D, Wets G, Cools M. Identifying mismatch between urban travel demand and transport
network services using GPS data: a case study in the fast growing Chinese city of Harbin. Neurocomputing.
2016;181:4–18. https://doi.org/10.1016/J.NEUCOM.2015.08.100.
35. Shan Z, Zhu Q. Camera location for real-time traffic state estimation in urban road network using big GPS data.
Neurocomputing. 2015;169:134–43. https://doi.org/10.1016/J.NEUCOM.2014.11.093.
36. Ting SL, Tse YK, Ho GTS, Chung SH, Pang G. Mining logistics data to assure the quality in a sustainable food supply
chain: a case in the red wine industry. Int J Prod Econ. 2014;152:200–9. https://doi.org/10.1016/J.IJPE.2013.12.010.
37. Jun S-P, Park D-H, Yeom J. The possibility of using search traffic information to explore consumer product attitudes
and forecast consumer preference. Technol Forecast Soc Chang. 2014;86:237–53. https://doi.org/10.1016/J.TECHF
ORE.2013.10.021.
38. He W, Wu H, Yan G, Akula V, Shen J. A novel social media competitive analytics framework with sentiment bench-
marks. Inform Manage. 2015;52(7):801–12. https://doi.org/10.1016/J.IM.2015.04.006.
39. Marine-Roig E, Anton Clavé S. Tourism analytics with massive user-generated content: a case study of Barcelona. J
Destination Market Manage. 2015;4(3):162–72. https://doi.org/10.1016/J.JDMM.2015.06.004.
40. Carbonneau R, Laframboise K, Vahidov R. Application of machine learning techniques for supply chain demand
forecasting. Eur J Oper Res. 2008;184(3):1140–54. https://doi.org/10.1016/J.EJOR.2006.12.004.
41. Munir K. Cloud computing and big data: technologies, applications and security, vol. 49. Berlin: Springer; 2019.
42. Rostami-Tabar B, Babai MZ, Ali M, Boylan JE. The impact of temporal aggregation on supply chains with ARMA(1,1)
demand processes. Eur J Oper Res. 2019;273(3):920–32. https://doi.org/10.1016/J.EJOR.2018.09.010.
43. Beyer MA, Laney D. The importance of ‘big data’: a definition. Stamford: Gartner; 2012. p. 2014–8.
44. Benabdellah AC, Benghabrit A, Bouhaddou I, Zemmouri EM. Big data for supply chain management: opportuni-
ties and challenges. In: Proceedings of IEEE/ACS international conference on computer systems and applications,
AICCSA, no. 11, p. 20–26; 2016. https://doi.org/10.1109/AICCSA.2016.7945828.
45. Kumar M. Applied big data analytics in operations management. Appl Big Data Anal Oper Manage. 2016. https://
doi.org/10.4018/978-1-5225-0886-1.
46. Zhong RY, Huang GQ, Lan S, Dai QY, Chen X, Zhang T. A big data approach for logistics trajectory discovery from
RFID-enabled production data. Int J Prod Econ. 2015;165:260–72. https://doi.org/10.1016/J.IJPE.2015.02.014.
47. Varela IR, Tjahjono B. Big data analytics in supply chain management: trends and related research. In: 6th inter-
national conference on operations and supply chain management, vol. 1, no. 1, p. 2013–4; 2014. https://doi.
org/10.13140/RG.2.1.4935.2563.
48. Han J, Kamber M, Pei J. Data mining: concepts and techniques. Burlington: Morgan Kaufmann Publishers; 2013.
https://doi.org/10.1016/B978-0-12-381479-1.00001-0.
49. Arunachalam D, Kumar N. Benefit-based consumer segmentation and performance evaluation of cluster-
ing approaches: an evidence of data-driven decision-making. Expert Syst Appl. 2018;111:11–34. https://doi.
org/10.1016/J.ESWA.2018.03.007.
50. Chase CW. Next generation demand management: people, process, analytics, and technology. Hoboken: Wiley;
2016.
51. SAS Institute. Demand-driven forecasting and planning: take responsiveness to the next level. 13; 2014. https://
www.sas.com/content/dam/SAS/en_us/doc/whitepaper2/demand-driven-forecasting-planning-107477.pdf.
52. Acar Y, Gardner ES. Forecasting method selection in a global supply chain. Int J Forecast. 2012;28(4):842–8. https://
doi.org/10.1016/J.IJFORECAST.2011.11.003.
53. Ma S, Fildes R, Huang T. Demand forecasting with high dimensional data: the case of SKU retail sales forecast-
ing with intra- and inter-category promotional information. Eur J Oper Res. 2016;249(1):245–57. https://doi.
org/10.1016/J.EJOR.2015.08.029.
54. Addo-Tenkorang R, Helo PT. Big data applications in operations/supply-chain management: a literature review.
Comput Ind Eng. 2016;101:528–43. https://doi.org/10.1016/J.CIE.2016.09.023.
55. Agrawal S, Singh RK, Murtaza Q. A literature review and perspectives in reverse logistics. Resour Conserv Recycl.
2015;97:76–92. https://doi.org/10.1016/J.RESCONREC.2015.02.009.
56. Gunasekaran A, Kumar Tiwari M, Dubey R, Fosso Wamba S. Big data and predictive analytics applications in supply
chain management. Comput Ind Eng. 2016;101:525–7. https://doi.org/10.1016/J.CIE.2016.10.020.
57. Hazen BT, Skipper JB, Ezell JD, Boone CA. Big data and predictive analytics for supply chain sustainability: a theory-
driven research agenda. Comput Ind Eng. 2016;101:592–8. https://doi.org/10.1016/J.CIE.2016.06.030.
58. Hofmann E, Rutschmann E. Big data analytics and demand forecasting in supply chains: a conceptual analysis. Int
J Logist Manage. 2018;29(2):739–66. https://doi.org/10.1108/IJLM-04-2017-0088.
59. Jain A, Sanders NR. Forecasting sales in the supply chain: consumer analytics in the big data era. Int J Forecast.
2019;35(1):170–80. https://doi.org/10.1016/J.IJFORECAST.2018.09.003.
60. Jin J, Liu Y, Ji P, Kwong CK. Review on recent advances in information mining from big consumer opinion data for
product design. J Comput Inf Sci Eng. 2018;19(1):010801. https://doi.org/10.1115/1.4041087.
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 20 of 22
61. Kumar R, Mahto D. Industrial forecasting support systems and technologies in practice: a review. Glob J Res Eng.
2013;13(4):17–33.
62. Mishra D, Gunasekaran A, Papadopoulos T, Childe SJ. Big Data and supply chain management: a review and biblio-
metric analysis. Ann Oper Res. 2016;270(1):313–36. https://doi.org/10.1007/s10479-016-2236-y.
63. Ren S, Zhang Y, Liu Y, Sakao T, Huisingh D, Almeida CMVB. A comprehensive review of big data analytics through-
out product lifecycle to support sustainable smart manufacturing: a framework, challenges and future research
directions. J Clean Prod. 2019;210:1343–65. https://doi.org/10.1016/J.JCLEPRO.2018.11.025.
64. Singh Jain AD, Mehta I, Mitra J, Agrawal S. Application of big data in supply chain management. Mater Today Proc.
2017;4(2):1106–15. https://doi.org/10.1016/J.MATPR.2017.01.126.
65. Souza GC. Supply chain analytics. Bus Horiz. 2014;57(5):595–605. https://doi.org/10.1016/J.BUSHOR.2014.06.004.
66. Tiwari S, Wee HM, Daryanto Y. Big data analytics in supply chain management between 2010 and 2016: insights to
industries. Comput Ind Eng. 2018;115:319–30. https://doi.org/10.1016/J.CIE.2017.11.017.
67. Zhong RY, Newman ST, Huang GQ, Lan S. Big Data for supply chain management in the service and manufactur-
ing sectors: challenges, opportunities, and future perspectives. Comput Ind Eng. 2016;101:572–91. https://doi.
org/10.1016/J.CIE.2016.07.013.
68. Ramanathan U, Subramanian N, Parrott G. Role of social media in retail network operations and marketing to
enhance customer satisfaction. Int J Oper Prod Manage. 2017;37(1):105–23. https://doi.org/10.1108/IJOPM
-03-2015-0153.
69. Coursera. Supply chain planning. Coursera E-Learning; 2019. https://www.coursera.org/learn/planning.
70. Villegas MA, Pedregal DJ. Supply chain decision support systems based on a novel hierarchical forecasting
approach. Decis Support Syst. 2018;114:29–36. https://doi.org/10.1016/J.DSS.2018.08.003.
71. Ma J, Kwak M, Kim HM. Demand trend mining for predictive life cycle design. J Clean Prod. 2014;68:189–99. https
://doi.org/10.1016/J.JCLEPRO.2014.01.026.
72. Hamiche K, Abouaïssa H, Goncalves G, Hsu T. A robust and easy approach for demand forecasting in supply
chains. IFAC-PapersOnLine. 2018;51(11):1732–7. https://doi.org/10.1016/J.IFACOL.2018.08.206.
73. Da Veiga CP, Da Veiga CRP, Catapan A, Tortato U, Da Silva WV. Demand forecasting in food retail: a comparison
between the Holt-Winters and ARIMA models. WSEAS Trans Bus Econ. 2014;11(1):608–14.
74. Murray PW, Agard B, Barajas MA. Forecasting supply chain demand by clustering customers. IFAC-PapersOnLine.
2015;48(3):1834–9. https://doi.org/10.1016/J.IFACOL.2015.06.353.
75. Ramos P, Santos N, Rebelo R. Performance of state space and ARIMA models for consumer retail sales forecasting.
Robot Comput Integr Manuf. 2015;34:151–63. https://doi.org/10.1016/J.RCIM.2014.12.015.
76. Schaer O, Kourentzes N. Demand forecasting with user-generated online information. Int J Forecast.
2019;35(1):197–212. https://doi.org/10.1016/J.IJFORECAST.2018.03.005.
77. Pang Y, Yao B, Zhou X, Zhang Y, Xu Y, Tan Z. Hierarchical electricity time series forecasting for integrating consump-
tion patterns analysis and aggregation consistency; 2018. In: IJCAI international joint conference on artificial
intelligence; 2018, p. 3506–12.
78. Goyal R, Chandra P, Singh Y. Suitability of KNN regression in the development of interaction based software fault
prediction models. IERI Procedia. 2014;6:15–21. https://doi.org/10.1016/J.IERI.2014.03.004.
79. Runkler TA. Data analytics (models and algorithms for intelligent data analysis). In: Revista Espanola de las
Enfermedades del Aparato Digestivo (Vol. 26, Issue 4). Springer Fachmedien Wiesbaden; 2016. https://doi.
org/10.1007/978-3-658-14075-5.
80. Nikolopoulos KI, Babai MZ, Bozos K. Forecasting supply chain sporadic demand with nearest neighbor
approaches. Int J Prod Econ. 2016;177:139–48. https://doi.org/10.1016/j.ijpe.2016.04.013.
81. Gaur M, Goel S, Jain E. Comparison between nearest Neighbours and Bayesian network for demand forecasting in
supply chain management. In: 2015 international conference on computing for sustainable global development,
INDIACom 2015, May; 2015, p. 1433–6.
82. Burney SMA, Ali SM, Burney S. A survey of soft computing applications for decision making in supply chain
management. In: 2017 IEEE 3rd international conference on engineering technologies and social sciences, ICETSS
2017, 2018, p. 1–6. https://doi.org/10.1109/ICETSS.2017.8324158.
83. González Perea R, Camacho Poyato E, Montesinos P, Rodríguez Díaz JA. Optimisation of water demand forecasting
by artificial intelligence with short data sets. Biosyst Eng. 2019;177:59–66. https://doi.org/10.1016/J.BIOSYSTEMS
ENG.2018.03.011.
84. Vhatkar S, Dias J. Oral-care goods sales forecasting using artificial neural network model. Procedia Comput Sci.
2016;79:238–43. https://doi.org/10.1016/J.PROCS.2016.03.031.
85. Wong WK, Guo ZX. A hybrid intelligent model for medium-term sales forecasting in fashion retail supply chains
using extreme learning machine and harmony search algorithm. Int J Prod Econ. 2010;128(2):614–24. https://doi.
org/10.1016/J.IJPE.2010.07.008.
86. Liu C, Shu T, Chen S, Wang S, Lai KK, Gan L. An improved grey neural network model for predicting transportation
disruptions. Expert Syst Appl. 2016;45:331–40. https://doi.org/10.1016/J.ESWA.2015.09.052.
87. Yuan WJ, Chen JH, Cao JJ, Jin ZY. Forecast of logistics demand based on grey deep neural network model. Proc Int
Conf Mach Learn Cybern. 2018;1:251–6. https://doi.org/10.1109/ICMLC.2018.8527006.
88. Amirkolaii KN, Baboli A, Shahzad MK, Tonadre R. Demand forecasting for irregular demands in business aircraft
spare parts supply chains by using artificial intelligence (AI). IFAC-PapersOnLine. 2017;50(1):15221–6. https://doi.
org/10.1016/J.IFACOL.2017.08.2371.
89. Huang L, Xie G, Li D, Zou C. Predicting and analyzing e-logistics demand in urban and rural areas: an empirical
approach on historical data of China. Int J Performabil Eng. 2018;14(7):1550–9. https://doi.org/10.23940/ijpe.18.07.
p19.15501559.
90. Saha C, Lam SS, Boldrin W. Demand forecasting for server manufacturing using neural networks. In: Proceedings of
the 2014 industrial and systems engineering research conference, June 2014; 2015.
91. Chang P-C, Wang Y-W, Tsai C-Y. Evolving neural network for printed circuit board sales forecasting. Expert Syst
Appl. 2005;29(1):83–92. https://doi.org/10.1016/J.ESWA.2005.01.012.
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 21 of 22
92. Merkuryeva G, Valberga A, Smirnov A. Demand forecasting in pharmaceutical supply chains: a case study. Procedia
Comput Sci. 2019;149:3–10. https://doi.org/10.1016/J.PROCS.2019.01.100.
93. Yang CL, Sutrisno H. Short-term sales forecast of perishable goods for franchise business. In: 2018 10th interna-
tional conference on knowledge and smart technology: cybernetics in the next decades, KST 2018, p. 101–5;
2018. https://doi.org/10.1109/KST.2018.8426091.
94. Villegas MA, Pedregal DJ, Trapero JR. A support vector machine for model selection in demand forecasting appli-
cations. Comput Ind Eng. 2018;121:1–7. https://doi.org/10.1016/J.CIE.2018.04.042.
95. Wu Q. The hybrid forecasting model based on chaotic mapping, genetic algorithm and support vector machine.
Expert Syst Appl. 2010;37(2):1776–83. https://doi.org/10.1016/J.ESWA.2009.07.054.
96. Guanghui W. Demand forecasting of supply chain based on support vector regression method. Procedia Eng.
2012;29:280–4. https://doi.org/10.1016/J.PROENG.2011.12.707.
97. Sarhani M, El Afia A. Intelligent system based support vector regression for supply chain demand forecasting.
In: 2014 2nd world conference on complex systems, WCCS 2014; 2015, p. 79–83. https://doi.org/10.1109/ICoCS
.2014.7060941.
98. Chen IF, Lu CJ. Sales forecasting by combining clustering and machine-learning techniques for computer retailing.
Neural Comput Appl. 2017;28(9):2633–47. https://doi.org/10.1007/s00521-016-2215-x.
99. Fasli M, Kovalchuk Y. Learning approaches for developing successful seller strategies in dynamic supply chain
management. Inf Sci. 2011;181(16):3411–26. https://doi.org/10.1016/J.INS.2011.04.014.
100. Islek I, Oguducu SG. A retail demand forecasting model based on data mining techniques. In: IEEE international
symposium on industrial electronics; 2015, p. 55–60. https://doi.org/10.1109/ISIE.2015.7281443.
101. Kilimci ZH, Akyuz AO, Uysal M, Akyokus S, Uysal MO, Atak Bulbul B, Ekmis MA. An improved demand forecasting
model using deep learning approach and proposed decision integration strategy for supply chain. Complexity.
2019;2019:1–15. https://doi.org/10.1155/2019/9067367.
102. Loureiro ALD, Miguéis VL, da Silva LFM. Exploring the use of deep neural networks for sales forecasting in fashion
retail. Decis Support Syst. 2018;114:81–93. https://doi.org/10.1016/J.DSS.2018.08.010.
103. Punam K, Pamula R, Jain PK. A two-level statistical model for big mart sales prediction. In: 2018 international
conference on computing, power and communication technologies, GUCON 2018; 2019. https://doi.org/10.1109/
GUCON.2018.8675060.
104. Puspita PE, İnkaya T, Akansel M. Clustering-based Sales Forecasting in a Forklift Distributor. In: Uluslararası
Muhendislik Arastirma ve Gelistirme Dergisi, 1–17; 2019. https://doi.org/10.29137/umagd.473977.
105. Thomassey S. Sales forecasts in clothing industry: the key success factor of the supply chain management. Int J
Prod Econ. 2010;128(2):470–83. https://doi.org/10.1016/J.IJPE.2010.07.018.
106. Brentan BM, Ribeiro L, Izquierdo J, Ambrosio JK, Luvizotto E, Herrera M. Committee machines for hourly
water demand forecasting in water supply systems. Math Probl Eng. 2019;2019:1–11. https://doi.
org/10.1155/2019/9765468.
107. Mafakheri F, Breton M, Chauhan S. Project-to-organization matching: an integrated risk assessment approach. Int J
IT Project Manage. 2012;3(3):45–59. https://doi.org/10.4018/jitpm.2012070104.
108. Mafakheri F, Nasiri F. Revenue sharing coordination in reverse logistics. J Clean Prod. 2013;59:185–96. https://doi.
org/10.1016/J.JCLEPRO.2013.06.031.
109. Bogataj M. Closed Loop Supply Chain (CLSC): economics, modelling, management and control. Int J Prod Econ.
2017;183:319–21. https://doi.org/10.1016/J.IJPE.2016.11.020.
110. Hopkins J, Hawking P. Big Data Analytics and IoT in logistics: a case study. Int J Logist Manage. 2018;29(2):575–91.
https://doi.org/10.1108/IJLM-05-2017-0109.
111. de Oliveira CM, Soares PJSR, Morales G, Arica J, Matias IO. RFID and its applications on supply chain in Brazil:
a structured literature review (2006–2016). Espacios. 2017;38(31). https://www.scopus.com/inward/recor
d.uri?eid=2-s2.0-85021922345&partnerID=40&md5=f062191611541391ded4cdb73eea55cb.
112. Griva A, Bardaki C, Pramatari K, Papakiriakopoulos D. Retail business analytics: customer visit segmentation using
market basket data. Expert Syst Appl. 2018;100:1–16. https://doi.org/10.1016/J.ESWA.2018.01.029.
113. Lee CKM, Ho W, Ho GTS, Lau HCW. Design and development of logistics workflow systems for demand manage-
ment with RFID. Expert Syst Appl. 2011;38(5):5428–37. https://doi.org/10.1016/J.ESWA.2010.10.012.
114. Mohebi E, Marquez L. Application of machine learning and RFID in the stability optimization of perishable foods;
2008.
115. Jiao Z, Ran L, Zhang Y, Li Z, Zhang W. Data-driven approaches to integrated closed-loop sustainable supply chain
design under multi-uncertainties. J Clean Prod. 2018;185:105–27.
116. Levis AA, Papageorgiou LG. Customer demand forecasting via support vector regression analysis. Chem Eng Res
Des. 2005;83(8):1009–18. https://doi.org/10.1205/CHERD.04246.
117. Chi H-M, Ersoy OK, Moskowitz H, Ward J. Modeling and optimizing a vendor managed replenishment system
using machine learning and genetic algorithms. Eur J Oper Res. 2007;180(1):174–93. https://doi.org/10.1016/J.
EJOR.2006.03.040.
118. Sun Z-L, Choi T-M, Au K-F, Yu Y. Sales forecasting using extreme learning machine with applications in fashion
retailing. Decis Support Syst. 2008;46(1):411–9. https://doi.org/10.1016/J.DSS.2008.07.009.
119. Efendigil T, Önüt S, Kahraman C. A decision support system for demand forecasting with artificial neural networks
and neuro-fuzzy models: a comparative analysis. Expert Syst Appl. 2009;36(3):6697–707. https://doi.org/10.1016/J.
ESWA.2008.08.058.
120. Lee CC, Ou-Yang C. A neural networks approach for forecasting the supplier’s bid prices in supplier selection
negotiation process. Expert Syst Appl. 2009;36(2):2961–70. https://doi.org/10.1016/J.ESWA.2008.01.063.
121. Chen F-L, Chen Y-C, Kuo J-Y. Applying Moving back-propagation neural network and Moving fuzzy-neuron
network to predict the requirement of critical spare parts. Expert Syst Appl. 2010;37(9):6695–704. https://doi.
org/10.1016/J.ESWA.2010.04.037.
122. Wu Q. Product demand forecasts using wavelet kernel support vector machine and particle swarm optimization
in manufacture system. J Comput Appl Math. 2010;233(10):2481–91. https://doi.org/10.1016/J.CAM.2009.10.030.
Seyedan and Mafakheri J Big Data (2020) 7:53 Page 22 of 22
123. Babai MZ, Ali MM, Boylan JE, Syntetos AA. Forecasting and inventory performance in a two-stage supply chain
with ARIMA(0,1,1) demand: theory and empirical analysis. Int J Prod Econ. 2013;143(2):463–71. https://doi.
org/10.1016/J.IJPE.2011.09.004.
124. Kourentzes N. Intermittent demand forecasts with neural networks. Int J Prod Econ. 2013;143(1):198–206. https://
doi.org/10.1016/J.IJPE.2013.01.009.
125. Lau HCW, Ho GTS, Zhao Y. A demand forecast model using a combination of surrogate data analysis and optimal
neural network approach. Decis Support Syst. 2013;54(3):1404–16. https://doi.org/10.1016/J.DSS.2012.12.008.
126. Arunraj NS, Ahrens D. A hybrid seasonal autoregressive integrated moving average and quantile regression for
daily food sales forecasting. Int J Prod Econ. 2015;170:321–35. https://doi.org/10.1016/J.IJPE.2015.09.039.
127. Di Pillo G, Latorre V, Lucidi S, Procacci E. An application of support vector machines to sales forecasting under
promotions. 4OR. 2016. https://doi.org/10.1007/s10288-016-0316-0.
128. da Veiga CP, da Veiga CRP, Puchalski W, dos Coelho LS, Tortato U. Demand forecasting based on natural comput-
ing approaches applied to the foodstuff retail segment. J Retail Consumer Serv. 2016;31:174–81. https://doi.
org/10.1016/J.JRETCONSER.2016.03.008.
129. Chawla A, Singh A, Lamba A, Gangwani N, Soni U. Demand forecasting using artificial neural networks—a case
study of American retail corporation. In: Applications of artificial intelligence techniques in wind power genera-
tion. Integrated Computer-Aided Engineering; 2018, p. 79–90. https://doi.org/10.3233/ica-2001-8305.
130. Pereira MM, Machado RL, Ignacio Pires SR, Pereira Dantas MJ, Zaluski PR, Frazzon EM. Forecasting scrap tires
returns in closed-loop supply chains in Brazil. J Clean Prod. 2018;188:741–50. https://doi.org/10.1016/J.JCLEP
RO.2018.04.026.
131. Fanoodi B, Malmir B, Jahantigh FF. Reducing demand uncertainty in the platelet supply chain through artificial
neural networks and ARIMA models. Comput Biol Med. 2019;113:103415. https://doi.org/10.1016/J.COMPBIOMED
.2019.103415.
132. Sharma R, Singhal P. Demand forecasting of engine oil for automotive and industrial lubricant manufacturing
company using neural network. Mater Today Proc. 2019;18:2308–14. https://doi.org/10.1016/J.MATPR.2019.07.013.
133. Tanizaki T, Hoshino T, Shimmura T, Takenaka T. Demand forecasting in restaurants using machine learning and
statistical analysis. Procedia CIRP. 2019;79:679–83. https://doi.org/10.1016/J.PROCIR.2019.02.042.
134. Wang C-H, Chen J-Y. Demand forecasting and financial estimation considering the interactive dynamics of semi-
conductor supply-chain companies. Comput Ind Eng. 2019;138:106104. https://doi.org/10.1016/J.CIE.2019.10610
4.
Publisher’s Note
Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.