IDEAS home Printed from https://ideas.repec.org/a/bdu/oijscm/v9y2024i2p77-87id2547.html
   My bibliography  Save this article

Integration of Emerging Technologies AI and ML into Strategic Supply Chain Planning Processes to Enhance Decision-Making and Agility

Author

Listed:
  • Jayapal Reddy Vummadi
  • Krishna Chaitanya Raja Hajarath

Abstract

Purpose: The aim of this research was to discuss the use of artificial intelligence (AI), machine learning (ML), and big data analytics as fundamental pillars of strategic supply chain management, for better decision-making, more precise forecasting, and higher supply chain agility. Methodology: The paper reviewed existing literature and industry reports to get an in-depth insight into the modern supply chain planning environment, the problems that it faces, and the efficiency of traditional techniques. It then analyzed the opportunities of utilization of AI, ML and big data analytics as well as the certain technologies or techniques that could be utilized, such as the predictive/prescriptive analytics, digital twins and blockchain. Findings: The study concluded that the traditional supply chain planning processes are becoming more and more out of style and inefficient, taking into account the business environment that are constantly changing, global supply chains, and technological advancements. It emphasized the risks to long-term performance associated to relying too much on the past practices and a call for action for progressive modernization of supply chain planning mechanisms. Unique Contribution to Theory, Practice and Policy: The report pointed to innovative ways such as AI, ML, and big data analytics for the integration into the supply chain operations for increasing the productivity, resilience and competitiveness. Moreover, it promoted the increase of budgeting on the talent side in order to obtain an appropriate use of technology and to explore new paths in the market.

Suggested Citation

  • Jayapal Reddy Vummadi & Krishna Chaitanya Raja Hajarath, 2024. "Integration of Emerging Technologies AI and ML into Strategic Supply Chain Planning Processes to Enhance Decision-Making and Agility," International Journal of Supply Chain Management, IPRJB, vol. 9(2), pages 77-87.
  • Handle: RePEc:bdu:oijscm:v:9:y:2024:i:2:p:77-87:id:2547
    as

    Download full text from publisher

    File URL: https://www.iprjb.org/journals/index.php/IJSCM/article/view/2547/2957
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muhamad Azlan bin Md Aris & Nurshahira Ibrahim, 2025. "How Can a Traditional Medical Company Maintain Cultural Authenticity While Adapting to Modern Management Guidelines?," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(2), pages 1-14, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdu:oijscm:v:9:y:2024:i:2:p:77-87:id:2547. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chief Editor (email available below). General contact details of provider: https://iprjb.org/journals/index.php/IJSCM/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.