AI AND IOT APPLICATION IN SUPPLY CHAIN MANAGEMENT
Keywords:
Supply chain management, Internet of Things, artificial intelligenceAbstract
As a direct consequence of this, the resilience of a whole firm is essential to the achievement of success in supply chain management. Finding a solution that is both practical and effective to this problem will be one of the key focuses of SCM's efforts. This occurs as a result of advancements in spheres such as globalization, undesirable occurrences such as frequent natural catastrophes, and continuous modifications in manufacturing and logistics practices such as lean management and the attitude of just-in-time delivery. The problem is made much worse by the presence of all of these different factors. The supply chain is an interrelated network of different businesses and organizations that cooperate with one another to guarantee that orders placed by ultimate consumers are fulfilled promptly and properly. Every member in this chain—from the farmers who cultivate the raw materials to the merchants who sell the final goods—plays an important role in the whole production process and is an essential component of the whole. Artificial intelligence (AI) and the Internet of Things are two examples of cutting-edge technologies that are fundamentally transforming the way business is done around the world. (IoT). The Internet of Things makes it possible to collect enormous volumes of data from a broad variety of sources, in a wide variety of situations, employing a wide variety of technologies. This data may then be used to do a number of things. This might take place in any part of the world with any technology that is now accessible. The Internet makes it possible to find connections between things that were not previously thought to be connected. In order to significantly improve both the structure and the overall preparedness of vaccine distribution networks, cutting-edge tactics that are based on artificial intelligence (AI) and digitalization approaches may possibly be applied. The possible costs, benefits, difficulties, and constraints involved with the introduction of a thermostable flu vaccine that is made achievable using MAP are broken down in depth in this article.
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