Artificial Intelligence In Supply Chain Management Opportunities And Risks Of Digitalisation

Author : Johannes Hangl
Publisher : GRIN Verlag
ISBN 13 : 3346603822
Total Pages : 134 pages
Book Rating : 4.21/5 ( download)

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Download or read book Artificial Intelligence in Supply Chain Management. Opportunities and risks of digitalisation written by Johannes Hangl and published by GRIN Verlag. This book was released on 2022-03-09 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2020 in the subject Business economics - Supply, Production, Logistics, , language: English, abstract: Industrialisation has greatly changed people's lives since the eighteenth century. At that time, the focus of activities shifted from the physical to the cognitive. We are now in the fourth industrial revolution. Through the development of ever better artificial systems, more and more cognitive activities are being carried out by machines. But what exactly does artificial intelligence mean? What changes has it already created in supply chain management and what is still possible in the future? What are the risks associated with advancing digitalisation? In his publication, Johannes Hangl creates a comprehensive picture of the status of current and future developments as well as trends in the use of artificial intelligence. He shows what possibilities, effects, opportunities and risks it has for supply chain management. From the contents: - AI; - Internet of Things; - Logistics; - Cyber-Physical Systems

Author : Wolfgang Kersten
Publisher :
ISBN 13 : 9783750249479
Total Pages : pages
Book Rating : 4.74/5 ( download)

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Download or read book Proceedings of the Hamburg International Conference of Logistics (HICL)/ Artificial Intelligence and Digital Transformation in Supply Chain Management written by Wolfgang Kersten and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Pandey, Binay Kumar
Publisher : IGI Global
ISBN 13 :
Total Pages : 335 pages
Book Rating : 4.80/5 ( download)

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Download or read book AI and Machine Learning Impacts in Intelligent Supply Chain written by Pandey, Binay Kumar and published by IGI Global. This book was released on 2024-01-29 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Businesses are facing an unprecedented challenge - the urgent need to adapt and thrive in a world where intelligent factories and supply chains are the new norm. The digital transformation of supply chains is essential for staying competitive, but it is a complex journey fraught with uncertainties. How can organizations harness the power of emerging technologies like Artificial Intelligence (AI) and Machine Learning (ML) to increase profitability, cut supply chain costs, elevate customer service, and optimize their networks? The answers to these questions are crucial for business survival and success. AI and Machine Learning Impacts in Intelligent Supply Chain is a groundbreaking book that offers a comprehensive solution to the challenges posed by the Industry 4.0 revolution. This book is your indispensable guide to navigating the intricate world of supply chain digital transformation using innovative technologies. It provides real-world examples and insights that illustrate how AI and ML are the keys to solving complex supply chain problems, from inventory management to route optimization and beyond. Whether you are an academic scholar seeking to delve into the impact of AI and ML on supply chain management or a business leader striving to gain a competitive edge, this book is tailored to meet your needs.

Author : Kumaresan Perumal
Publisher : Springer Nature
ISBN 13 : 9811902402
Total Pages : 208 pages
Book Rating : 4.06/5 ( download)

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Download or read book Innovative Supply Chain Management via Digitalization and Artificial Intelligence written by Kumaresan Perumal and published by Springer Nature. This book was released on 2022-04-06 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the impact of artificial intelligence (AI) and machine learning (ML) models on supply chain operations in industry 4.0. The chapters illustrate the AI and ML models for all functional areas of operations in SCM. The book also includes examples using ML models like handling supply-to-demand imbalances, triggering automated responses, and reinforcing customer relationships. It describes the evolution of blockchain technology coupled with the ability to automate business logic for the transparency of goods, infrastructure, products, and licenses in software. The book also includes case studies that provide a problem statement and industry overcome by applying ML and AI technologies. This book is suitable for undergraduates, postgraduates, industrial professionals, business executives, entrepreneurs, and freelancers to encourage practical learning on AI and ML algorithms in SCM 4.0. Additionally, this book will provide computer science and information system professionals with the latest technologies embedded in the corporate world.

Author : Calvin Klein
Publisher : Cuvillier Verlag
ISBN 13 : 3736968817
Total Pages : 95 pages
Book Rating : 4.13/5 ( download)

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Download or read book Artificial Intelligence in Supply Chain Management written by Calvin Klein and published by Cuvillier Verlag. This book was released on 2023-10-06 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Artificial Intelligence (AI) continues to revolutionize industries worldwide, its omnipresence becomes increasingly evident in Supply Chain Management (SCM). This Consortium Study, conducted by the Institute of Supply Chain Management (ISCMHSG) at the University of St.Gallen and its promotional association, examines the integration of AI in SCM and aims to address the gap between expectations and reality. The study provides a knowledge foundation to assist supply chain managers in developingrealistic expectations of this technology. Considering the rapid advancement of AI technologies and their potential impact on SCM, this study explores the current state of AI in SCM and analyzes the disparity between expectations and reality. Through a comprehensive market analysis of AI solutions offered in SCM, opportunities for improvement are identified. The study focuses on aligning expectations and reality by fostering a better understanding of the capabilities of AI in SCM. Additionally, the study investigates obstacles to successful AI integration, including data quality, integration challenges, and unrealistic expectations of potential benefits. Through the collaborative efforts of the participating organizations, this Consortium Study offers a collective understanding of the current state of AI in SCM. It serves as a valuable resource for industry professionals, and academia facilitating the successful integration of AI and driving operational excellence in SCM.

Author : Mahesh Chand
Publisher : CRC Press
ISBN 13 : 1003800998
Total Pages : 291 pages
Book Rating : 4.96/5 ( download)

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Download or read book Data-Driven Technologies and Artificial Intelligence in Supply Chain written by Mahesh Chand and published by CRC Press. This book was released on 2023-11-23 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the importance of data-driven technologies and artificial intelligence in supply chain management. It covers important concepts such as enabling technologies in Industry 4.0, the impact of artificial intelligence, and data-driven technologies in lean manufacturing. "Provides solutions to solve complex supply chain management issues using artificial intelligence and data-driven technologies" Emphasizes the impact of a data-driven supply chain on quality management "Discusses applications of artificial intelligence, and data-driven technologies in the service industry, and lean manufacturing" Highlights the barriers to implementing artificial intelligence in small and medium enterprises Presents a better understanding of different risks such as procurement risks, process risks, demand risks, transportation risks, and operational risks The book comprehensively discusses the applications of artificial intelligence and data-driven technologies in supply chain management for diverse fields such as service industries, manufacturing industries, and healthcare. It further covers the impact of artificial intelligence and data-driven technologies in managing the FMGC supply chain. It will be a valuable resource for senior undergraduate, graduate students, and academic researchers in diverse fields including electrical engineering, electronics and communications engineering, industrial engineering, manufacturing engineering, production engineering, and computer engineering.

Author : Albert Tan
Publisher : World Scientific
ISBN 13 : 9811229619
Total Pages : 151 pages
Book Rating : 4.19/5 ( download)

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Download or read book Digital Transformation Of The Supply Chain: A Practical Guide For Executives written by Albert Tan and published by World Scientific. This book was released on 2021-06-18 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book unravels the complexities of supply chain process transformation by explaining step by step, in simple terms, what are the requirements for success, right from the basics to how to implement this complicated task. The book provides insights into how to lead the transformation project and how to manage the change internally and externally. The authors' hands-on experience in the field via applied research is clearly illustrated in the case studies, which provide the reader with practical examples of the challenges and benefits of implementing a digital supply chain transformation project. This is a must-have book for all supply chain and operations professionals.Related Link(s)

Author : T S Deepu
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.35/5 ( download)

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Download or read book Study Issues Supply Chain Digitalization written by T S Deepu and published by . This book was released on 2023-05-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain digitalization refers to the process of integrating digital technologies and systems into various aspects of the supply chain management process. This transformative approach aims to streamline operations, enhance efficiency, and optimize decision-making by leveraging advanced technologies and data-driven insights. In the context of studying issues related to supply chain digitalization, researchers and industry professionals delve into the challenges, opportunities, and potential risks associated with adopting digital solutions in supply chain management. The purpose of such studies is to gain a deeper understanding of the implications, best practices, and strategies for successful implementation of digital technologies in the supply chain. One of the key areas of focus in studying supply chain digitalization issues is the technological infrastructure required to support digital transformation. This includes evaluating the compatibility of existing systems, identifying gaps in capabilities, and exploring the integration of emerging technologies such as blockchain, Internet of Things (IoT), artificial intelligence (AI), and machine learning (ML) into supply chain operations. Researchers also examine the potential benefits and drawbacks of adopting these technologies, considering factors such as cost, scalability, security, and interoperability. Another significant aspect of studying supply chain digitalization issues involves analyzing the impact on various stakeholders, including suppliers, manufacturers, distributors, and customers. Researchers investigate how digitalization affects the roles, responsibilities, and relationships within the supply chain ecosystem. They explore the implications for workforce skills and training, organizational structures, and the overall business models of companies operating in the supply chain.

Author : David Kurz
Publisher : Routledge
ISBN 13 : 100035329X
Total Pages : 226 pages
Book Rating : 4.97/5 ( download)

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Download or read book Digital Supply Chain Leadership written by David Kurz and published by Routledge. This book was released on 2021-02-25 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strong leadership is necessary to drive the transformational change required to build and apply digital capabilities across organizations. Digital transformation in the supply chain is a leadership problem first and foremost. This book draws out some of the key digital business strategies supply chain leaders must become familiar with as they take on the responsibilities of leading transformations within their firms. The central rationale of the book is to establish a clear business case for the performance shifts and opportunities of the Digital Supply Chain. The benefits of a digital supply chain for firms can be summarized as uniquely reducing the amount of trade-off between costs and customer satisfaction. The challenges, complexity, and management involved in transforming to a digital supply chain have slowed many firms in their implementation. The key to unlocking this value and advantage is a new, robust, and digitally aware supply chain leadership mindset. It will provide readers with a practical Digital Supply Chain Leadership Road Map that will accelerate actions in technology, analytics, talent and business models. The road map to digital transformation will step the reader through these critical dimensions and illustrate how they can support their own organizational transformation by developing greater levels of maturity. This book will be most valued by supply chain leaders in medium to large scale organizations, as well as consultants and academics interested in digital business and supply chain transformation. The book will also be valuable for students studying digital transformation, supply chain, and operations.

Author : Turan Paksoy
Publisher : CRC Press
ISBN 13 : 1000245101
Total Pages : 369 pages
Book Rating : 4.03/5 ( download)

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Download or read book Logistics 4.0 written by Turan Paksoy and published by CRC Press. This book was released on 2020-12-17 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial revolutions have impacted both, manufacturing and service. From the steam engine to digital automated production, the industrial revolutions have conduced significant changes in operations and supply chain management (SCM) processes. Swift changes in manufacturing and service systems have led to phenomenal improvements in productivity. The fast-paced environment brings new challenges and opportunities for the companies that are associated with the adaptation to the new concepts such as Internet of Things (IoT) and Cyber Physical Systems, artificial intelligence (AI), robotics, cyber security, data analytics, block chain and cloud technology. These emerging technologies facilitated and expedited the birth of Logistics 4.0. Industrial Revolution 4.0 initiatives in SCM has attracted stakeholders’ attentions due to it is ability to empower using a set of technologies together that helps to execute more efficient production and distribution systems. This initiative has been called Logistics 4.0 of the fourth Industrial Revolution in SCM due to its high potential. Connecting entities, machines, physical items and enterprise resources to each other by using sensors, devices and the internet along the supply chains are the main attributes of Logistics 4.0. IoT enables customers to make more suitable and valuable decisions due to the data-driven structure of the Industry 4.0 paradigm. Besides that, the system’s ability of gathering and analyzing information about the environment at any given time and adapting itself to the rapid changes add significant value to the SCM processes. In this peer-reviewed book, experts from all over the world, in the field present a conceptual framework for Logistics 4.0 and provide examples for usage of Industry 4.0 tools in SCM. This book is a work that will be beneficial for both practitioners and students and academicians, as it covers the theoretical framework, on the one hand, and includes examples of practice and real world.