patterN rEcognition and eXtended value network foresighT

Project Details

Description

Project NEXT pioneers the establishment of data literacy in complex value networks within the retail sector. Collaborating with industry and academic partners, the project leverages advanced data mining and artificial intelligence algorithms to generate actionable insights and predictive capabilities for supply chain behavior. Following the CRISP-DM framework, NEXT develops innovative decision-support features that empower proactive, data-driven decisions across the network. By integrating both internal and external data sources, NEXT enables insight-based decisions on operational, tactical, and strategic supply chain levels. Key applications include enhanced demand forecasting for point-of-sale customer needs, supplier reliability assessment, and optimized management of out-of-stock scenarios and product waste in grocery retail.
Short titleNEXT
AcronymNEXT
StatusFinished
Effective start/end date01.01.201931.12.2022

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 9 - Industry, Innovation, and Infrastructure
  • SDG 12 - Responsible Consumption and Production

Fingerprint

Explore the research topics touched on by this project. These labels are generated based on the underlying awards/grants. Together they form a unique fingerprint.