ARTIFICIAL INTELLIGENCE IN SUPPLY CHAIN

Abstract

This report is being created to analyze and understand the technological impact that has occurred in the Supply Chain due to Artificial Intelligence and machine learning. The objective of this study is to find out what all the effects has occurred in the logistics and supply chain how it is being changed and the future aspect of it because of Artificial Intelligence. It will help us understand how the dynamics of both Artificial Intelligence and the supply chain industry how the trends have shifted after these technologies and its shortcomings. Furfure, the study will also help in understanding how these technologies could help in situations such as the present pandemic. All the major factors are analyzed thoroughly to see what all areas needs to be developed and what are the trends going on in different industries. The analysis is thoroughly examined by collecting data from various internet sources. Using these databases helped us examining the current performance of the supply chain industry which are using AI. After collecting the data from these databases, the analysis was done to understand the impact of these factors. After this detailed analysis probable recommendations were suggested on how to improve the current situation in the economy. And what all steps can be taken without impacting the livelihood of any individual.