Predictive Inventory Analytics and Demand Forecasting in Malaysian Electronics Manufacturing

This study investigates the role of predictive inventory analytics in enhancing demand forecasting accuracy within Malaysia’s electronics manufacturing sector. As global supply chains become increasingly volatile, electronics manufacturers face challenges in managing inventory for components with long lead times and fluctuating demand. Leveraging machine learning (ML) models such as XGBoost, LSTM, and Random Forest, this research evaluates how predictive analytics can reduce inventory waste, improve responsiveness, and support strategic planning. Findings from case studies and data analysis reveal that ML-driven forecasting significantly improves inventory performance, especially during periods of global disruption and product lifecycle transitions.

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Publication Details

Journal
Journal of Technology Management and Technopreneurship (JTMT)
Published
2024-12-31
DOI
https://doi.org/10.54554/jtmt.2024.12.02.002
Primary Topic
Advanced Statistical Process Monitoring
Type
article
Field-Weighted Citation Impact
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article

Predictive Inventory Analytics and Demand Forecasting in Malaysian Electronics Manufacturing

Maliza Mohd Nor, Muhammad Sulaiman, Nurshamimah Samsuddin
Journal of Technology Management and Technopreneurship (JTMT)
Advanced Statistical Process Monitoring
article

Predictive Inventory Analytics and Demand Forecasting in Malaysian Electronics Manufacturing

Maliza Mohd Nor, Muhammad Sulaiman, Nurshamimah Samsuddin
article en

Abstract

This study investigates the role of predictive inventory analytics in enhancing demand forecasting accuracy within Malaysia’s electronics manufacturing sector. As global supply chains become increasingly volatile, electronics manufacturers face challenges in managing inventory for components with long lead times and fluctuating demand. Leveraging machine learning (ML) models such as XGBoost, LSTM, and Random Forest, this research evaluates how predictive analytics can reduce inventory waste, improve responsiveness, and support strategic planning. Findings from case studies and data analysis reveal that ML-driven forecasting significantly improves inventory performance, especially during periods of global disruption and product lifecycle transitions.

Journal of Technology Management and Technopreneurship (JTMT)Vol. 12(2)
Sirim Berhad (MY), Malacca General Hospital (MY), University of Technology and Management (IN)
Openalex Percentile: Top 71%
Advanced Statistical Process Monitoring
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Predictive Inventory Analytics and Demand Forecasting in Malaysian Electronics Manufacturing — Maliza Mohd Nor, Muhammad Sulaiman, et al. · Journal of Technology Management and Technopreneurship (JTMT) (2024) | TGRS Research Map | TGRS