IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxviiy2024i1p491-507.html
   My bibliography  Save this article

The Transformative Role of AI in Modern Supply Chains: A Study on Collaboration and Efficiency

Author

Listed:
  • Krystian Redzeb

Abstract

Purpose: This research delves into how Artificial Intelligence (AI)'s changing the industry in Supply Chain Management (SCM) particularly in its connection with Supply Chain Collaboration (SCC) and how their teamwork influences Supply Chain Performance (SCP). The study looks at how AI tools improve efficiency, in operations and customer satisfaction while cutting costs and promoting sustainability underscoring the importance of working to achieve these goals. By analyzing a wealth of data and creating representations the research showcases the exciting potential of AI in reshaping contemporary supply chains. Design/Methodology/Approach: The study uses a variety of research methods by blending examination with case studies and visual aids for analysis purposes. The information was gathered through organized surveys which were then improved with expert evaluations and examined using regression and mediation modeling techniques in order to grasp the relationship between AI technology sustainability (SCC) and sustainable consumption practices (SCP). Diagrammatic representations and comparison graphs were utilized as aids in presenting main discoveries; additionally real world examples from companies like Amazon and DHL were studied for insights into AI applications such, as predictive analytics tracking systems and risk minimization strategies. Findings: The research illustrates how AI improves supply chain management by automating tasks and making real time decisions based on predictions. Supply chain collaboration plays a role in enhancing the effectiveness of AI by building trust among stakeholders and enabling the exchange of information for solving problems together. The findings indicate that supply chain collaboration has an impact, on supply chain performance influenced by AI advancements. This highlights the importance of working in utilizing the full capabilities of AI technology. Furthermore AI has been proven to have an impact, on promoting sustainability through optimizing resource utilization, minimization of waste and advocating for circular supply chain frameworks. Practical Implications: The results underline the importance of companies embracing a strategy for incorporating AI technology by blending technical progress with teamwork methods. Corporations are urged to put resources into AI powered solutions like forecast analytics and enhancement algorithms while building trust and openness, with supply chain collaborators. Government officials should examine systems that encourage friendly practices, sturdiness and the establishment of AI driven environments to tackle the demands of present day supply chains. Originality/Value: This research thoroughly explores how AI impacts supply chain management by combining results from analyzing data and studying specific cases along with visualizing data trends. By showcasing how the Supply Chain Council plays a role and discussing the wider impacts of AI implementation in SCM practices this study offers valuable perspectives for scholars and professionals alike. It adds insights to the expanding understanding of AI in supply chain operations while providing useful advice on improving efficiency, environmental friendliness and adaptability, in supply chain operations. Artificial intelligence plays a role in enhancing supply chain management by fostering collaboration among stakeholders. It improves performance metrics and sustainability efforts through analytics while also boosting resilience, in operations.

Suggested Citation

  • Krystian Redzeb, 2024. "The Transformative Role of AI in Modern Supply Chains: A Study on Collaboration and Efficiency," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 491-507.
  • Handle: RePEc:ers:journl:v:xxvii:y:2024:i:1:p:491-507
    as

    Download full text from publisher

    File URL: https://ersj.eu/journal/3712/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dwivedi, Yogesh K. & Hughes, Laurie & Ismagilova, Elvira & Aarts, Gert & Coombs, Crispin & Crick, Tom & Duan, Yanqing & Dwivedi, Rohita & Edwards, John & Eirug, Aled & Galanos, Vassilis & Ilavarasan, , 2021. "Artificial Intelligence (AI): Multidisciplinary perspectives on emerging challenges, opportunities, and agenda for research, practice and policy," International Journal of Information Management, Elsevier, vol. 57(C).
    2. Ma, Liye & Sun, Baohong, 2020. "Machine learning and AI in marketing – Connecting computing power to human insights," International Journal of Research in Marketing, Elsevier, vol. 37(3), pages 481-504.
    3. Efpraxia D. Zamani & Conn Smyth & Samrat Gupta & Denis Dennehy, 2023. "Artificial intelligence and big data analytics for supply chain resilience: a systematic literature review," Annals of Operations Research, Springer, vol. 327(2), pages 605-632, August.
    4. Royston Meriton & Rajinder Bhandal & Gary Graham & Anthony Brown, 2021. "An examination of the generative mechanisms of value in big data-enabled supply chain management research," International Journal of Production Research, Taylor & Francis Journals, vol. 59(23), pages 7283-7310, December.
    5. Dimitris Bertsimas & Nathan Kallus, 2020. "From Predictive to Prescriptive Analytics," Management Science, INFORMS, vol. 66(3), pages 1025-1044, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Krystian Redzeb, 2024. "The Transformative Role of AI in Modern Supply Chains: A Study on Collaboration and Efficiency," European Research Studies Journal, European Research Studies Journal, vol. 0(Special B), pages 750-766.
    2. Volkmar, Gioia & Fischer, Peter M. & Reinecke, Sven, 2022. "Artificial Intelligence and Machine Learning: Exploring drivers, barriers, and future developments in marketing management," Journal of Business Research, Elsevier, vol. 149(C), pages 599-614.
    3. Akter, Shahriar & Dwivedi, Yogesh K. & Sajib, Shahriar & Biswas, Kumar & Bandara, Ruwan J. & Michael, Katina, 2022. "Algorithmic bias in machine learning-based marketing models," Journal of Business Research, Elsevier, vol. 144(C), pages 201-216.
    4. Tian, Xuecheng & Yan, Ran & Liu, Yannick & Wang, Shuaian, 2023. "A smart predict-then-optimize method for targeted and cost-effective maritime transportation," Transportation Research Part B: Methodological, Elsevier, vol. 172(C), pages 32-52.
    5. Yoganathan, Vignesh & Osburg, Victoria-Sophie, 2024. "The mind in the machine: Estimating mind perception's effect on user satisfaction with voice-based conversational agents," Journal of Business Research, Elsevier, vol. 175(C).
    6. Serrano, Breno & Minner, Stefan & Schiffer, Maximilian & Vidal, Thibaut, 2024. "Bilevel optimization for feature selection in the data-driven newsvendor problem," European Journal of Operational Research, Elsevier, vol. 315(2), pages 703-714.
    7. Deprez, Laurens & Antonio, Katrien & Boute, Robert, 2021. "Pricing service maintenance contracts using predictive analytics," European Journal of Operational Research, Elsevier, vol. 290(2), pages 530-545.
    8. Evangelos Katsamakas & Oleg V. Pavlov & Ryan Saklad, 2024. "Artificial intelligence and the transformation of higher education institutions," Papers 2402.08143, arXiv.org.
    9. Woszczyna Karolina & Mania Karolina, 2023. "The European map of artificial intelligence development policies: a comparative analysis," International Journal of Contemporary Management, Sciendo, vol. 59(3), pages 78-87, September.
    10. Vincenzo Varriale & Antonello Cammarano & Francesca Michelino & Mauro Caputo, 2025. "Critical analysis of the impact of artificial intelligence integration with cutting-edge technologies for production systems," Journal of Intelligent Manufacturing, Springer, vol. 36(1), pages 61-93, January.
    11. Ghosh, Sourav & Yadav, Sarita & Devi, Ambika & Thomas, Tiju, 2022. "Techno-economic understanding of Indian energy-storage market: A perspective on green materials-based supercapacitor technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 161(C).
    12. Keliang Wang & Leonardo Lozano & Carlos Cardonha & David Bergman, 2023. "Optimizing over an Ensemble of Trained Neural Networks," INFORMS Journal on Computing, INFORMS, vol. 35(3), pages 652-674, May.
    13. Chen, Pengyu & Chu, Zhongzhu & Zhao, Miao, 2024. "The Road to corporate sustainability: The importance of artificial intelligence," Technology in Society, Elsevier, vol. 76(C).
    14. Yi Sun & Shihui Li & Lingling Yu, 2022. "The dark sides of AI personal assistant: effects of service failure on user continuance intention," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(1), pages 17-39, March.
    15. Viet Anh Nguyen & Fan Zhang & Shanshan Wang & Jose Blanchet & Erick Delage & Yinyu Ye, 2021. "Robustifying Conditional Portfolio Decisions via Optimal Transport," Papers 2103.16451, arXiv.org, revised Apr 2024.
    16. Meng Qi & Ying Cao & Zuo-Jun (Max) Shen, 2022. "Distributionally Robust Conditional Quantile Prediction with Fixed Design," Management Science, INFORMS, vol. 68(3), pages 1639-1658, March.
    17. Maslinawati Mohamad & Fatmawati Jusoh & Noor Faiza M. Ja'afar & Rabiatul Alawiyah Zainal Abidin, 2024. "From Threat to Shield: How Fintech Empowers Financial Institutions in Combating Fraud," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(14), pages 346-354, December.
    18. Villarroel Ordenes, Francisco & Silipo, Rosaria, 2021. "Machine learning for marketing on the KNIME Hub: The development of a live repository for marketing applications," Journal of Business Research, Elsevier, vol. 137(C), pages 393-410.
    19. Samadhiya, Ashutosh & Yadav, Sanjeev & Kumar, Anil & Majumdar, Abhijit & Luthra, Sunil & Garza-Reyes, Jose Arturo & Upadhyay, Arvind, 2023. "The influence of artificial intelligence techniques on disruption management: Does supply chain dynamism matter?," Technology in Society, Elsevier, vol. 75(C).
    20. Byung-Jik Kim & Julak Lee, 2024. "The mental health implications of artificial intelligence adoption: the crucial role of self-efficacy," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.

    More about this item

    Keywords

    Artificial Intelligence; Supply Chain Management; Collaboration; Performance; Sustainability; Predictive Analytics; Resilience.;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

    Statistics

    Access and download statistics

    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:ers:journl:v:xxvii:y:2024:i:1:p:491-507. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    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.