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Emergence of Artificial Intelligence (AI) Enhances the Core Competency of Supply Chain Management Process in the Dynamic Business Environment


Affiliations
1 Kalasalingam Business School (KBS), Kalasalingam Academy of Research and Education (KARE), Krishnankoil, Tamilnadu, India
2 LEAD Collage of Management, Dhoni, Palakkad, Kerala, India
 

In this modern world, perspectives and practices of doing businesses changes often in order to sustain, grow and compete in the dynamic business environment. On going through this aspect, each and every business practices has its major importance, through which one can be able to rule the business world similarly supply chain management of a business plays a major and crucial role in the success of the business where it is directly or indirectly meets the customers’ expectations and satisfaction. Ironically, these supply chain management plays a crucial role and acts as a back bone for E-Commerce Businesses. In order to maintain the momentum of competitiveness, every businessman started to adapt the technological transformation into their business and its related core business processes. One among them are the emergence of Artificial Intelligence (AI), a hybrid technology which could bring and develop a lot of sustainability and competitiveness in to the business but it is very important to identify the core competence and that needs to be matched with the current business practices according to changing business needs then only one can be able to feel the attainability and adaptability. Here, in this conceptual paper, the researcher tries to find out the major competency on the adaptation of Artificial Intelligence (AI) in to the core supply chain management process of a business. By doing such so, the researcher can find out what kind of technological impact that could be produced in the supply chain management could be portrayed for future implications on various dimensions of business and its related practices.

Keywords

Artificial Intelligence (AI), Supply Chain Management (SCM), Etc.
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  • • Greg Brady (2017), “8 Fundamentals for Achieving AI Success in the Supply Chain”, Supply Chain Management Review, October 18, 2017. http://www.scmr.com/article/8_fundamentals_for_achieving_ai_success_in_the_supply_chain
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  • • Good works (2018), “6 Interesting Ways AI is redefining the Parcel and Logistics Industry”, and GoodWorkLabs is a world-leading & award-winning mobile app development and game development company, April 04, 2018.
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Abstract Views: 256

PDF Views: 160




  • Emergence of Artificial Intelligence (AI) Enhances the Core Competency of Supply Chain Management Process in the Dynamic Business Environment

Abstract Views: 256  |  PDF Views: 160

Authors

S.B. Inayath Ahamed
Kalasalingam Business School (KBS), Kalasalingam Academy of Research and Education (KARE), Krishnankoil, Tamilnadu, India
K. Ravindran
LEAD Collage of Management, Dhoni, Palakkad, Kerala, India

Abstract


In this modern world, perspectives and practices of doing businesses changes often in order to sustain, grow and compete in the dynamic business environment. On going through this aspect, each and every business practices has its major importance, through which one can be able to rule the business world similarly supply chain management of a business plays a major and crucial role in the success of the business where it is directly or indirectly meets the customers’ expectations and satisfaction. Ironically, these supply chain management plays a crucial role and acts as a back bone for E-Commerce Businesses. In order to maintain the momentum of competitiveness, every businessman started to adapt the technological transformation into their business and its related core business processes. One among them are the emergence of Artificial Intelligence (AI), a hybrid technology which could bring and develop a lot of sustainability and competitiveness in to the business but it is very important to identify the core competence and that needs to be matched with the current business practices according to changing business needs then only one can be able to feel the attainability and adaptability. Here, in this conceptual paper, the researcher tries to find out the major competency on the adaptation of Artificial Intelligence (AI) in to the core supply chain management process of a business. By doing such so, the researcher can find out what kind of technological impact that could be produced in the supply chain management could be portrayed for future implications on various dimensions of business and its related practices.

Keywords


Artificial Intelligence (AI), Supply Chain Management (SCM), Etc.

References