The impact of supply chain management on a company’s operation and decision based on the multidimensional data analysis of upstream and downstream industry market states

This study provides data analysis support for the entire enterprise procurement management process, thereby improving the management effectiveness of supply chain operations. It analyzes upstream and downstream industry market status data in the supply chain and various primary data in enterprise ma...

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Main Author: Jingwen Ding
Format: Article
Language:English
Published: PeerJ Inc. 2023-06-01
Series:PeerJ Computer Science
Subjects:
Online Access:https://peerj.com/articles/cs-1369.pdf
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author Jingwen Ding
author_facet Jingwen Ding
author_sort Jingwen Ding
collection DOAJ
description This study provides data analysis support for the entire enterprise procurement management process, thereby improving the management effectiveness of supply chain operations. It analyzes upstream and downstream industry market status data in the supply chain and various primary data in enterprise management activities. By utilizing the Delphi method to screen and verify multimode market status data indicators, which significantly impact upstream and downstream industries in multiple rounds, 28 types of market status data were selected for analysis. This analysis aimed to investigate the effect of supply chain management on operational decisions within the company. The data reduction method based on adaptive statistics was the most effective in revealing the market status and promoting efficient operation decision-making based on supply chain management. This study also suggests a brand-new technique for measuring supply chain performance based on the Levenberg-Marquardt Back Propagation (LMBP) algorithm, offering a more impartial manner of doing so. The performance evaluation results showed a maximum error level of less than 0.4% when paired with empirical analysis. The proposed optimization model provides strategic guidance for optimizing supply chain management and improving overall performance.
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spelling doaj.art-7b0ac492bbf94dfa8e8e54d4e6d6c3d32023-06-15T15:05:06ZengPeerJ Inc.PeerJ Computer Science2376-59922023-06-019e136910.7717/peerj-cs.1369The impact of supply chain management on a company’s operation and decision based on the multidimensional data analysis of upstream and downstream industry market statesJingwen Ding0Faculty of Business, Monash University, Melbourne, Victoria, AustraliaThis study provides data analysis support for the entire enterprise procurement management process, thereby improving the management effectiveness of supply chain operations. It analyzes upstream and downstream industry market status data in the supply chain and various primary data in enterprise management activities. By utilizing the Delphi method to screen and verify multimode market status data indicators, which significantly impact upstream and downstream industries in multiple rounds, 28 types of market status data were selected for analysis. This analysis aimed to investigate the effect of supply chain management on operational decisions within the company. The data reduction method based on adaptive statistics was the most effective in revealing the market status and promoting efficient operation decision-making based on supply chain management. This study also suggests a brand-new technique for measuring supply chain performance based on the Levenberg-Marquardt Back Propagation (LMBP) algorithm, offering a more impartial manner of doing so. The performance evaluation results showed a maximum error level of less than 0.4% when paired with empirical analysis. The proposed optimization model provides strategic guidance for optimizing supply chain management and improving overall performance.https://peerj.com/articles/cs-1369.pdfSupply chain managementMarket status of upstream and downstream industriesMultimode joint data analysisLMBP feedback neural networkCompany operation decision
spellingShingle Jingwen Ding
The impact of supply chain management on a company’s operation and decision based on the multidimensional data analysis of upstream and downstream industry market states
PeerJ Computer Science
Supply chain management
Market status of upstream and downstream industries
Multimode joint data analysis
LMBP feedback neural network
Company operation decision
title The impact of supply chain management on a company’s operation and decision based on the multidimensional data analysis of upstream and downstream industry market states
title_full The impact of supply chain management on a company’s operation and decision based on the multidimensional data analysis of upstream and downstream industry market states
title_fullStr The impact of supply chain management on a company’s operation and decision based on the multidimensional data analysis of upstream and downstream industry market states
title_full_unstemmed The impact of supply chain management on a company’s operation and decision based on the multidimensional data analysis of upstream and downstream industry market states
title_short The impact of supply chain management on a company’s operation and decision based on the multidimensional data analysis of upstream and downstream industry market states
title_sort impact of supply chain management on a company s operation and decision based on the multidimensional data analysis of upstream and downstream industry market states
topic Supply chain management
Market status of upstream and downstream industries
Multimode joint data analysis
LMBP feedback neural network
Company operation decision
url https://peerj.com/articles/cs-1369.pdf
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