Meaning ● Predictive Supply Chains represent the application of data analytics and forecasting to optimize all stages of the supply chain, from sourcing to delivery, within the specific operational context of SMBs. By anticipating future demand, SMBs can proactively manage inventory levels, minimize disruptions, and enhance operational efficiency. ● For an SMB, automation plays a key role in streamlining data collection and analysis, allowing them to leverage predictive models even with limited resources. This proactive approach to supply chain management allows SMBs to gain a competitive edge by responding quickly to market changes and customer needs, a stark contrast to reactive strategies.
