Artificial Intelligence in Supply Chain Management. Opportunities and risks of digitalisation

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Publisher : GRIN Verlag
ISBN 13 : 3346603822
Total Pages : 134 pages
Book Rating : 4.3/5 (466 download)

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Book Synopsis Artificial Intelligence in Supply Chain Management. Opportunities and risks of digitalisation by : Johannes Hangl

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

Proceedings of the Hamburg International Conference of Logistics (HICL)/ Artificial Intelligence and Digital Transformation in Supply Chain Management

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Publisher :
ISBN 13 : 9783750249479
Total Pages : pages
Book Rating : 4.2/5 (494 download)

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Book Synopsis Proceedings of the Hamburg International Conference of Logistics (HICL)/ Artificial Intelligence and Digital Transformation in Supply Chain Management by : Wolfgang Kersten

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:

AI and Machine Learning Impacts in Intelligent Supply Chain

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Author :
Publisher : IGI Global
ISBN 13 :
Total Pages : 335 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis AI and Machine Learning Impacts in Intelligent Supply Chain by : Pandey, Binay Kumar

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.

Artificial Intelligence in Supply Chain Management

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Publisher : Cuvillier Verlag
ISBN 13 : 3736968817
Total Pages : 95 pages
Book Rating : 4.7/5 (369 download)

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Book Synopsis Artificial Intelligence in Supply Chain Management by : Calvin Klein

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.

Innovative Supply Chain Management via Digitalization and Artificial Intelligence

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Publisher : Springer Nature
ISBN 13 : 9811902402
Total Pages : 208 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Innovative Supply Chain Management via Digitalization and Artificial Intelligence by : Kumaresan Perumal

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.

Data-Driven Technologies and Artificial Intelligence in Supply Chain

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Publisher : CRC Press
ISBN 13 : 1003800998
Total Pages : 291 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Data-Driven Technologies and Artificial Intelligence in Supply Chain by : Mahesh Chand

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.

Logistics 4.0

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Publisher : CRC Press
ISBN 13 : 1000245101
Total Pages : 369 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Logistics 4.0 by : Turan Paksoy

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.

Digital Transformation Of The Supply Chain: A Practical Guide For Executives

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Publisher : World Scientific
ISBN 13 : 9811229619
Total Pages : 151 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Digital Transformation Of The Supply Chain: A Practical Guide For Executives by : Albert Tan

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)

Study Issues Supply Chain Digitalization

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (899 download)

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Book Synopsis Study Issues Supply Chain Digitalization by : T S Deepu

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.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

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Publisher : International Monetary Fund
ISBN 13 : 1589063953
Total Pages : 35 pages
Book Rating : 4.5/5 (89 download)

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Book Synopsis Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance by : El Bachir Boukherouaa

Download or read book Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Digital Supply Chain Leadership

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Publisher : Routledge
ISBN 13 : 100035329X
Total Pages : 226 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Digital Supply Chain Leadership by : David Kurz

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.

Digitization In Supply Chain Management: Trends, Challenges And Solutions

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Publisher : World Scientific
ISBN 13 : 9811286647
Total Pages : 200 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Digitization In Supply Chain Management: Trends, Challenges And Solutions by : Steven Carnovale

Download or read book Digitization In Supply Chain Management: Trends, Challenges And Solutions written by Steven Carnovale and published by World Scientific. This book was released on 2024-03-15 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every industry has faced the tidal wave of 'digital' that has either re-shaped or dramatically altered their modus operandi. Supporting technologies in the management information systems arena have given rise to increased end to end visibility, real time access to information, and tightly controlled monitoring of deployed assets. In many industries it is straightforward to see the impact that digital technologies have had. Finance is a great example, with cash payments becoming increasingly less and less common, and digital currencies increasing in prominence. Yet how has this impacted supply chain management? In a discipline that spans multiple industries, continents, and companies, are there examples that we can point to that explain how digital supply chains have become? Which aspects of supply chain management were transformed by the digital tidal wave, and which functions are lagging behind? This is what this volume seeks to address.Trends: what are the current trends in digital (or digitalization) supply chain management? Ideally, these trends will include all aspects of the supply chain. That is, how has the digital revolution impacted sourcing? What are the digital trends in the logistics, warehousing, and distribution industry? How has 'digital' impacted the operations and manufacturing industry? Challenges: where are the diminishing returns to digital and its inclusion in the supply chain? Are there problems related to procurement and sourcing as the digital revolution takes hold? Are logistics challenges compounded in a digital world? Is manufacturing more streamlined or are there additional complexities that need to be addressed?Solutions: Are the challenges all too overwhelming, or are there remedies that we can advance to cope with an ever increasingly digital world?

Blockchain, IoT, and AI Technologies for Supply Chain Management

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Author :
Publisher : Springer Nature
ISBN 13 :
Total Pages : 558 pages
Book Rating : 4.8/5 (688 download)

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Book Synopsis Blockchain, IoT, and AI Technologies for Supply Chain Management by : Veena Grover

Download or read book Blockchain, IoT, and AI Technologies for Supply Chain Management written by Veena Grover and published by Springer Nature. This book was released on with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Theory, Methods and Application of Managing Digital Supply Chains

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Publisher : Emerald Group Publishing
ISBN 13 : 1804559687
Total Pages : 201 pages
Book Rating : 4.8/5 (45 download)

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Book Synopsis The Theory, Methods and Application of Managing Digital Supply Chains by : Muhammad Shujaat Mubarik

Download or read book The Theory, Methods and Application of Managing Digital Supply Chains written by Muhammad Shujaat Mubarik and published by Emerald Group Publishing. This book was released on 2024-05-21 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Detailing the diverse aspects of digitalization in supply chain management, Digital Supply Chain Management helps business managers harness the cutting edge, guiding those early in their careers who seek a challenging new path whilst informing top-level managers who have their eye on the future.

The Digitalization of the 21st Century Supply Chain

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Publisher : Routledge
ISBN 13 : 1000201198
Total Pages : 149 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis The Digitalization of the 21st Century Supply Chain by : Stuart M. Rosenberg

Download or read book The Digitalization of the 21st Century Supply Chain written by Stuart M. Rosenberg and published by Routledge. This book was released on 2020-11-09 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of this book is to gain a clear picture of the current status and future challenges with regard to the digitalization of the supply chain – from the perspective of the suppliers, the manufacturers, and the customers. They were the target groups of the book. Digitization has touched upon all aspects of businesses, including supply chains. Technologies such as RFID, GPS, and sensors have enabled organizations to transform their existing hybrid (combination of paper-based and IT-supported processes) supply chain structures into more f lexible, open, agile, and collaborative digital models. Unlike hybrid supply chain models, which have resulted in rigid organizational structures, unobtainable data, and disjointed relationships with partners, digital supply chains enable business process automation, organizational flexibility, and digital management of corporate assets. In order to reap maximum benefits from digital supply chain models, it is important that companies internalize it as an integral part of the overall business model and organizational structure. Localized disconnected projects and silo-based operations pose a serious threat to competitiveness in an increasingly digital world. The technologies discussed in this text – artificial intelligence, 3D printing, Internet of things, etc. – are beginning to come together to help digitize, automate, integrate, and improve the global supply chains. It’s certainly an exciting and challenging time for both new supply chain professionals and long-time supply chain professionals.

Blockchain, IoT, and AI Technologies for Supply Chain Management

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Author :
Publisher : Apress
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (688 download)

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Book Synopsis Blockchain, IoT, and AI Technologies for Supply Chain Management by : Veena Grover

Download or read book Blockchain, IoT, and AI Technologies for Supply Chain Management written by Veena Grover and published by Apress. This book was released on 2024-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examine the synergistic possibilities of combining blockchain, IoT, and AI technologies in supply chain management. This book will address the difficulties and possibilities of integrating these technologies and offer helpful implementation advice. The current state of supply chain management involves several challenges, including lack of transparency, limited visibility into product movements, inefficient inventory management, and difficulty in tracking and tracing products. Blockchain, IoT, and AI can potentially address some of these challenges and improve supply chain management. To help illustrate this, case studies and actual instances of businesses implementing or experimenting with blockchain, IoT, and AI technology in their supply chains are included in the book. You’ll review helpful advice on implementation and highlight successful deployments, lessons learned, and the impact of these technologies on supply chain visibility, agility, sustainability, and customer experience. This book further elaborates the fundamental concepts of AI and ML algorithms and demonstrates how AI can process enormous volumes of supply chain data to produce actionable insights, improve inventory control, forecast demand, and increase forecasting precision. This collective work will serve as a comprehensive guide for supply chain professionals, researchers, and technology enthusiasts interested in understanding the potential of blockchain, IoT, and AI technologies in revolutionizing supply chain management practices. What You Will Learn Discuss the evolving landscape of technology, potential advancements, and how Blockchain, IoT, and AI can shape the future of supply chains Gain Insight into upcoming developments and prepare for changing dynamics of the industry Understand intricate details of blockchain, IoT, and AI Technologies in real-life scenarios Who Is This Book For Industry Professionals working in the domain of supply chain management who would be interested in understanding how these technologies can enhance efficiency, transparency, and optimization in their supply chains.

Digital Supply Networks: Transform Your Supply Chain and Gain Competitive Advantage with Disruptive Technology and Reimagined Processes

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Author :
Publisher : McGraw Hill Professional
ISBN 13 : 1260458202
Total Pages : 320 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Digital Supply Networks: Transform Your Supply Chain and Gain Competitive Advantage with Disruptive Technology and Reimagined Processes by : Amit Sinha

Download or read book Digital Supply Networks: Transform Your Supply Chain and Gain Competitive Advantage with Disruptive Technology and Reimagined Processes written by Amit Sinha and published by McGraw Hill Professional. This book was released on 2020-07-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deliver unprecedented customer value and seize your competitive edge with a transformative digital supply network Digital tech has disrupted life and business as we know it, and supply chain management is no exception. But how exactly does digital transformation affect your business? What are the breakthrough technologies and their capabilities you need to know about? How will digital transformation impact skills requirements and work in general? Do you need to completely revamp your understanding of supply chain management? And most importantly: How do you get started? Digital Supply Networks provides clear answers to these and many other questions. Written by an experienced team comprised of Deloitte consultants and leading problem-driven scholars from a premier research university, this expert guide leads you through the process of improving operations building supply networks, increasing revenue, reimagining business models, and providing added value to customers, stakeholders, and society. You’ll learn everything you need to know about: Stages of development, roles, capabilities, and the benefits of DSN Big data analytics including its attributes, security, and authority Machine learning, Artificial Intelligence, Blockchain, robotics, and the Internet of Things Synchronized planning, intelligent supply, and digital product development Vision, attributes, technology, and benefits of smart manufacturing, dynamic logistics, and fulfillment A playbook to guide the digital transformation journey Drawing from real world-experience and problem-driven academic research, the authors provide an in-depth account of the transformation to digitally connected supply networks. They discuss the limitations of traditional supply chains and the underlying capabilities and potential of digitally-enabled supply flows. The chapters burst with expert insights and real-life use cases grounded in tomorrow’s industry needs. Success in today’s hyper-competitive, fast-paced business landscape, characterized by the risk of black swan events, such as the 2020 COVID-19 global pandemic, requires the reimagination and the digitalization of complex demand-supply systems, more collaborative and connected processes, and smarter, more dynamic data-driven decision making―which can only be achieved through a fully integrated Digital Supply Network.