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Supply Chain Management: AI Tool

Anant Dattatray Awasare, S J Mulani

Abstract


Effective supply chain management (SCM) is crucial for businesses to maintain competitive advantages in today's dynamic markets. This abstract provides insights into key strategies aimed at enhancing efficiency and resilience within supply chain operations. Firstly, the abstract discusses the importance of leveraging technology such as blockchain, artificial intelligence (AI), and Internet of Things (IoT) to streamline processes, improve transparency, and mitigate risks. Secondly, it explores the significance of collaboration and partnerships among stakeholders to foster agility and responsiveness to market fluctuations and disruptions. Thirdly, it emphasizes the adoption of sustainable practices to address environmental concerns and meet evolving consumer preferences. Finally, the abstract underscores the need for continuous monitoring, analysis, and adaptation to optimize supply chain performance in a rapidly changing global landscape.


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References


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