Transforming Supply Chains: Innovations, Sustainability, and Resilience in the Modern Era
DOI:
https://doi.org/10.70445/gjmdsa.1.2.2024.46-74Keywords:
Automation, Robotics , Artificial Intelligence, Machine Learning, Internet of Things , Block chain, Circular Economy, Agile Supply ChainsAbstract
Supply chain management continues to transform at present because of technological innovations together with environmental sustainability goals and market demands for operational stability in an unstable worldwide system. Supply chain operations experience revolutionary changes through key trends which include automation with artificial intelligence (AI) and machine learning and the Internet of Things (IoT) that improve efficiency and help make better decisions and provide enhanced visibility. Both Block chain technology improves system transparency and security while digital twins achieve real-time monitoring operations which optimize supply chain process functions. Sustainability stands as the new core priority alongside which companies now devote their resources to establishing sustainable sourcing methods and reducing waste and increasing energy operational efficiency. Business operations focus on resilience together with risk management because companies implement adaptable supply chains that can withstand multiple types of disruptions including geopolitical tensions and natural disasters and unexpected threats. Supply chains of the future will evolve under current scientific innovations while maintaining their emphasis on agile structures and circular economy practices. Firms adopting these trends will better satisfy shifting customer needs and operate with improved efficiency through a global market that requires competitiveness. The abstract details crucial supply chain-transforming trends and disruptive innovations alongside their effects on businesses that plan to succeed in developing complicated market conditions.
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Copyright (c) 2024 Abdul Ahad, Muhammad Rehan Ashraf, Khizar Ilyas, Benish Sarfraz (Author)

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