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Abstract

COJ Robotics & Artificial Intelligence

Revolutionizing Supply Chain Dynamics: The Transformative Impact of AI-Powered Innovations

  • Open or CloseKan Wen Huey* and Hoo Yee Hui

    Department of Business and Administration, Wawasan Open University, Malaysia

    *Corresponding author:Kan Wen Huey, Senior Lecturer, Wawasan Open University, Jalan Sultan Ahmad Shah, 10050 Penang, Malaysia

Submission: January 03, 2024;Published: February 16, 2024

Abstract

The integration of advanced AI technologies triggers a monumental shift in supply chain dynamics, transcending traditional operations to redefine global enterprise strategies fundamentally. AI’s transformative impact reshapes operational frameworks, revolutionizing efficiency through predictive analytics, robotics, and autonomous vehicles. This infusion streamlines operations, enhances inventory management precision, and enables agile responses to market fluctuations. Challenges arise in balancing innovation with data security, infrastructure needs, and workforce readiness, necessitating a holistic approach across technical, human, and ethical dimensions. Tesla Motors’ AI-driven robotics serve as a beacon, reshaping manufacturing precision and setting industry benchmarks. Future trends forecast advancements in predictive maintenance, augmented automation, and sophisticated decision-making. This evolution promises a continuous redefinition of operational efficiencies and strategic resilience within supply chains. Embracing AI isn’t optional; it’s a strategic necessity for sustained growth in today’s competitive landscape-a merging of technological innovation and operational excellence defining a future where businesses thrive amidst perpetual change.

Keywords:AI-powered innovations; Supply chain dynamics; Operational efficiency; Robotics in supply chains

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