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VOL. 6, ISSUE 4 (2024)
Transforming supply chain management through adoption of artificial intelligence: Indian context
Authors
Manish Kashyap
Abstract
Artificial Intelligence (AI) has the potential to revolutionize various
aspects of business operations. AI can be used to analyse data and make
predictions about demand, optimize logistics and transportation routes, and
identify in-efficiencies in the supply chain. This can lead to improved
responsiveness to changes in demand, reduced lead times, and lower costs. With
the help of AI, supply chain managers now get a clearer picture of the overall
system, leading to smarter decisions and more attentive customer service. This
trend took root with the introduction of expert systems and fuzzy logic and
reached full maturity sometime after 2010. Since early 2010, AI applications
have exploded in popularity, generating both excitement and trepidation about
the future of labour and corporate administration. The supply chain literature
appears to be playing catch-up with some recent efforts to incorporate modern
AI methods within its core studies, even though businesses are embracing AI and
investing in AI solutions to improve their end-to-end supply chain operations.
Today’s state-of-the-art AI was molded by the development of big data,
analytics, and various graphics processing unit (GPU) and deep learning (DL)
applications.
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Pages:5-9
How to cite this article:
Manish Kashyap "Transforming supply chain management through adoption of artificial intelligence: Indian context". International Journal of Management and Commerce, Vol 6, Issue 4, 2024, Pages 5-9
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