Artificial Neural Network Applications in Supply Chain Management: A Literature Review and Classification

Abstract

Supply Chain Management (SCM) has received considerable attention from the industrial community in recent decades. SCM continues to be an interesting and relevant research topic in many business areas such as revealing supply chain integration benefits, uncertainty and risk mitigation methods, decision-making and optimization methodologies, etc. In current supply chain management, huge volumes of data are being developed each second, and emerging technologies such as Radio Frequency Identification (RFID) have amplified the availability of online data. Using Artificial Intelligence (AI) methods that go beyond simply using the huge volume of online data enables Supply Chain (SC) managers to monitor everything in a timely fashion. There are several aspects of an SC that AI—and specifically Artificial Neural Networks (ANNs)—can be applied to better help them manage and optimize. This study aims to review state-of-the-art ANNs and Deep Neural Networks (DNNs) in the field of supply chain management. One hundred high-quality research studies that applied ANNs in supply chain management are reviewed and categorized into four classes: performance optimization, supplier selection, forecasting, and inventory management studies. Our study shows that there is a significant possibility that we could use ANNs and DNNs to better manage supply chains. Across the reviewed studies, neural networks are frequently reported to improve predictive performance and support monitoring/control in complex, nonlinear supply chain settings, often complementing traditional operations research approaches. Finally, the limitations of ANN models and the possibilities for future studies are presented at the end of this study.