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Impact of Artificial Intelligence in Building Supply Chain Resiliency Kumawat, Priyank
International Journal of Supply Chain Management Vol 13, No 6 (2024): International Journal of Supply Chain Management (IJSCM)
Publisher : ExcelingTech

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59160/ijscm.v13i6.6283

Abstract

Supply chains are frequently exposed to disruptions, which can be either positive, driven by technological advancements, or negative, caused by natural and man-made disasters. This study aims to explore the possibilities and implications of building supply chain resilience through AI-driven AR/VR simulations. In light of the disruptions experienced during the COVID-19 pandemic, there has been a growing interest among both researchers and practitioners in the role of digital technologies in enhancing end-to-end visibility within supply chains and their potential for boosting resilience.The study provides insights into how leveraging the dynamic capabilities of supply chains through AI technology can strengthen resilience. It offers a forward-looking perspective on how emerging technologies will shape modern supply chains and play a crucial role in improving their resilience. The article underscores the transformative potential of AI, highlighting its ability to equip supply chains to better withstand disruptions and mitigate associated risks.
Leveraging Artificial Intelligence in Supply Chain Execution in E-commerce Kumawat, Priyank
International Journal of Supply Chain Management Vol 13, No 5 (2024): International Journal of Supply Chain Management (IJSCM)
Publisher : ExcelingTech

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59160/ijscm.v13i5.6264

Abstract

Modern perspective of consumer satisfaction has changed due to the proliferation of online businesses. E-commerce has opened up a whole new world to the consumers. The consumers can now get what they want, when they want, delivered at their doorstep. While the ease of online shopping has increased consumerism and consumer demand, it poses significant challenges for the e-commerce players as the consumers are seldom willing to shell out money for availing the convenience of doorstep deliveries. Under such circumstances, the e-commerce players are left with little choices but to significantly enhance their supply chain efficiencies through the improvement of logistics and the delivery services they offer to their customers. Artificial Intelligence or AI, as it is popularly known, is altering the ways and means of these e-commerce businesses. It is changing the manner in which supply chains are managed. Through the use of smart algorithms, data analysis, and automation, it is possible for businesses to employ AI effectively for the optimization of their supply chain management involving inventory and logistics management, demand forecasting, and customer service. This article focuses on logistics management and the application of AI to optimize costs and efficiency in first mile, middle mile and last mile delivery.
Using 3rd -Party Logistics Services OR Developing Own Capability to Cater to ECommerce Demands - A comparative Analysis Kumawat, Priyank
International Journal of Supply Chain Management Vol 13, No 5 (2024): International Journal of Supply Chain Management (IJSCM)
Publisher : ExcelingTech

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59160/ijscm.v13i5.6265

Abstract

Ecommerce is an inseparable part of modern global lifestyle, connecting people across international borders and enabling sellers to access global. Despite growing massively over the last couple of decades, its growth is far from over. In fact, the pandemic has acted as an accelerator and the growth momentum is continuing despite people returning to the conventional brick and mortar shops. Ecommerce innovations are constantly being rehashed and improved – especially after the global pandemic this transition is now innovating at a much faster pace. For responding to the ever-increasing demand for swifter yet efficient fulfillment of customer order along with timely shipment, a larger number of e- commerce businesses are turning towards third-party logistics or 3PL providers. While it offers them the freedom from the hassles of storing and delivering finished products to the end-users, the human resource that is therefore freed, can then focus on core competencies of the business thus allowing them to give attention to product development, innovation along with marketing and sales. There is always the risk of poor fulfillment and delayed shipments or goods getting damaged in transit which deteriorates customer satisfaction and company profitability. This article compares the use of third-party logistics (3PL) against building in-house capabilities and highlights the virtue of careful selection and employment of experienced 3PL in helping an enterprise ride the anticipated growth wave by offering cost advantages and flexibility.
Impact of Electric Vehicles on the Future E-Commerce Landscape: Challenges & Advantages Kumawat, Priyank
International Journal of Supply Chain Management Vol 13, No 6 (2024): International Journal of Supply Chain Management (IJSCM)
Publisher : ExcelingTech

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59160/ijscm.v13i6.6282

Abstract

The E-commerce landscape has seen a paradigm shift with an increasing demand for door- step delivery and even same day delivery. The convenience of shopping over a handheld mobile devise from the convenience of one’s preferred location is a major driver for the phenomenon growth, development, and expansion of online shopping. The COVID pandemic led lockdowns acted as catalysts expediting this expansion. But with this progress came the menace of rapid expansion of delivery trucks, vans, 3-wheelers, and 2-wheelers that increased not only the congestions within the cities but also added massively to the already deteriorating air quality. Pollution (both air and noise) and congestion, are the two immediate fallouts of the expansion in delivery fleet. This made the fleet owners and businesses turn to the obvious alternative – EVs or electrical vehicles that have the potential to not only cut down harmful emissions but also enhance financial and operational efficiencies. Modern businesses cannot help but improve efficiencies in order to sustain in an immensely competitive and dynamic business environment. This article adds to the literature on EVs and generates insight into the practicability of adopting EVs in the last mile logistics. It highlights that despite being both environment and pocket friendly, the benefits of economy and efficiency looks futile in the face of inadequate availability of charging infrastructure that heightens range anxiety.