%0 Journal Article %A Ioannis Andrianakis and Vasileios Gkatas and Nikos Eleftheriadis and Alexios Ellinidis and Ermioni Avramidou %D 2024 %J International Journal of Industrial and Manufacturing Engineering %B World Academy of Science, Engineering and Technology %I Open Science Index 207, 2024 %T PredictionSCMS: The Implementation of an AI-Powered Supply Chain Management System %U https://publications.waset.org/pdf/10013537 %V 207 %X The paper discusses the main aspects involved in the development of a supply chain management system using the developed PredictionSCMS software as a basis for the discussion. The discussion is focused on three topics: the first is demand forecasting, where we present the predictive algorithms implemented and discuss related concepts such as the calculation of the safety stock, the effect of out-of-stock days etc. The second topic concerns the design of a supply chain, where the core parameters involved in the process are given, together with a methodology of incorporating these parameters in a meaningful order creation strategy. Finally, the paper discusses some critical events that can happen during the operation of a supply chain management system and how the developed software notifies the end user about their occurrence. %P 65 - 71