Affiliation:
1. Bausch Health, USA
2. School of Engineering and Technology, Amity University Kolkata, India
3. Vivekananda Institute of Professional Studies, Technical Campus, India
Abstract
This chapter explores the application of quantum machine learning (QML) techniques for demand prediction in supply chain networks. Traditional demand forecasting methods often struggle to capture the intricate dynamics and uncertainties present in modern supply chains. By leveraging the computational power and probabilistic nature of quantum computing, coupled with the flexibility and adaptability of machine learning algorithms, organizations can enhance the accuracy and efficiency of their demand prediction processes. This chapter provides an overview of QML methodologies tailored specifically for demand prediction in supply chain networks, highlighting their advantages over classical approaches. Through case studies and practical examples, the chapter demonstrates how QML can enable organizations to make more informed decisions, optimize inventory levels, and improve overall supply chain performance.
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