International Journal of Marketing and Technology
  • Year: 2020
  • Volume: 10
  • Issue: 12

Emerging ai & ml-based technologies & applications in supply chain management (scm): Future prospects

  • Author:
  • Akhila Gande
  • Total Page Count: 6
  • Page Number: 1 to 6

Student Woxsen University

Online published on 26 March, 2021.

Abstract

AI & ML is the buzzword of today's world making their presence in every aspect of life. More prominently in the business world. AI & ML-powered emerging & new technologies have been influencing functional business departments on a large scale, be it financial investments, understanding consumer & employee behavior, and predicting and informing decision-making. Supply chain management one of the critical and complex activities of any firm. SCM has also been a significant area that is quickly adapting to the technological changes powered by AI. The present paper is a viewpoint discussing the major AI-powered technologies that are bringing significant improvement in supply chain efficiency. The paper attempts to discuss those technologies, implications, and prospects.