Abstract Book of the 9th International Conference on Management, Economics and Finance
Year: 2025
[PDF]
Evolving the Future of Supply Chain Intelligence with AI: Challenges and Opportunities
Taeho Park
ABSTRACT:
The efficiency and resilience of modern supply chains (SC) critically depend on seamless coordination across all activities, enabled by intelligent SC systems. While traditional approaches to optimization and risk management have been utilized, the advent of Artificial Intelligence (AI) has revolutionized SC operations. AI-powered SC systems are now instrumental in minimizing errors in the SC operations, enhancing business productivity, and informing critical decisions across the entire SC spectrum. Driven by rapid advancements in AI technology, companies are increasingly leveraging its potential to gain valuable insights into various aspects of their SC operations, including warehousing, logistics, and overall supply chain management. Recent applications have demonstrated the immense promise of AI in addressing key challenges such as risk management, inventory optimization, demand forecasting, and supplier selection. This research aims to delve into the current landscape of AI applications within SC operations through a comprehensive literature review. Furthermore, it will examine the benefits and challenges associated with AI implementation in supply chains and identify potential future directions for its applications within the SC business domain.
Keywords: advancement, application, coordination, operations, resilience