Blockchain, IoT, and AI Technologies for Supply Chain Management: Apply Emerging Technologies to Address and Improve Supply Chain Management

Dr. Veena Grover & Dr. B. Balamurugan Balusamy & Dr. Mariofanna Milanova Dr. A. Yovan Felix

Language: English

Publisher: Apress

Published: Jul 15, 2024

Description:

The book will examine the synergistic possibilities of combining blockchain, IoT, and AI technologies in supply chain management. The current state of supply chain management involves several challenges, including lack of transparency, limited visibility into product movements, inefficient inventory management, and difficulty in tracking and tracing products. Blockchain, IoT, and AI are three emerging technologies that can potentially address some of these challenges and improve supply chain management.

 

This book will also address the difficulties and possibilities of integrating these technologies and offer helpful implementation advice. Case studies and actual instances of businesses implementing or experimenting with blockchain, IoT, and AI technology in their supply chains will be included in the book. It will provide helpful advice on implementation and highlight successful deployments, lessons learned, and the impact of these technologies on supply chain visibility, agility, sustainability, and customer experience. It will further elaborate the fundamental concepts of AI and ML algorithms and demonstrate how AI can process enormous volumes of supply chain data to produce actionable insights, improve inventory control, forecast demand, and increase forecasting precision.

 

The book will serve as a comprehensive guide for supply chain professionals, researchers, and technology enthusiasts interested in understanding the potential of blockchain, IoT, and AI technologies in revolutionizing supply chain management practices.