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The Influence Of Ai On Supply Chain Management: Mapping The Domain

Abstract: The integration of Artificial Intelligence (AI) into supply chain management has revolutionized the industry, bringing about significant enhancements in efficiency, decision-making, cost reduction, and customer satisfaction. This paper explores the transformative impact of AI technologies on various aspects of supply chain operations. By automating routine tasks and optimizing inventory management, AI boosts operational efficiency and productivity. Advanced analytics powered by AI provide deep insights and support informed strategic decisions, thereby enhancing the resilience and adaptability of supply chains. Moreover, AI contributes to substantial cost savings by optimizing logistics, reducing waste, and enabling predictive maintenance. Enhanced visibility and transparency across the supply chain improve tracking and responsiveness, leading to superior customer experiences. This paper maps the domain of AI's influence on supply chain management, highlighting key benefits, challenges, and future directions for research and practice.

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Patent Information

Application #
Filing Date
06 June 2024
Publication Number
25/2024
Publication Type
INA
Invention Field
COMPUTER SCIENCE
Status
Email
Parent Application

Applicants

HARSH VARDHAN
126/9A, Block R, Govind nagar, Kanpur
Dr. Anumeha Mathur
School of Management & Commerce, K. R. Mangalam University, Gurugram, Haryana, India-122103
Dr. Sakshi Kathuria
Department of Computer Science & Engineering, Amity University, Gurugram, Manesar, Panchgaon, Haryana 122412
Dr. Appurva Jain
Department of Mechanical Engineering, School of Engineering & Technology, K. R. Mangalam University, Gurugram, Haryana, India-122103
Pooja Maulik Vadnere
Department of Computer Science Engineering, School of Computer Science & Engineering, Sandip University, Mahiravani, Trambakeshwar Rd, Nashik, Maharashtra 422213
Arti Pandey
Department of Computer Science and Information Technology, KIET Group of Institutions, Delhi-NCR, Ghaziabad, Uttar Pradesh, India – 201206
Dr. Sukanaya Chaudhary
School of Management & Commerce, K. R. Mangalam University, Gurugram, Haryana, India-122103
Dr. Devkanya Gupta
School of Management & Commerce, K. R. Mangalam University, Gurugram, Haryana, India-122102
Rahul Kumar Singh
Department of Computer Science, School of Engineering & Technology, K. R. Mangalam University, Gurugram, Haryana, India-122103

Inventors

1. Dr. Anumeha Mathur
School of Management & Commerce, K. R. Mangalam University, Gurugram, Haryana, India-122103
2. Dr. Sakshi Kathuria
Department of Computer Science & Engineering, Amity University, Gurugram, Manesar, Panchgaon, Haryana 122412
3. Dr. Appurva Jain
Department of Mechanical Engineering, School of Engineering & Technology, K. R. Mangalam University, Gurugram, Haryana, India-122103
4. Pooja Maulik Vadnere
Department of Computer Science Engineering, School of Computer Science & Engineering, Sandip University, Mahiravani, Trambakeshwar Rd, Nashik, Maharashtra 422213
5. Arti Pandey
Department of Computer Science and Information Technology, KIET Group of Institutions, Delhi-NCR, Ghaziabad, Uttar Pradesh, India – 201206
6. Dr. Sukanaya Chaudhary
School of Management & Commerce, K. R. Mangalam University, Gurugram, Haryana, India-122103
7. Dr. Devkanya Gupta
School of Management & Commerce, K. R. Mangalam University, Gurugram, Haryana, India-122102
8. Rahul Kumar Singh
Department of Computer Science, School of Engineering & Technology, K. R. Mangalam University, Gurugram, Haryana, India-122103
9. HARSH VARDHAN
Department of Computer Science, School of Engineering & Technology, K. R. Mangalam University, Gurugram, Haryana, India-122103

Specification

Description:[0001] The field of this invention pertains to the application of artificial
intelligence (AI) technologies in the domain of supply chain management
(SCM). The invention seeks to address the complexities and inefficiencies
prevalent in traditional supply chain systems by leveraging AI-driven
solutions. Supply chain management encompasses the planning,
coordination, and control of goods, information, and financial flows from
raw material suppliers to the end consumer. As supply chains become
increasingly global and intricate, the necessity for advanced tools to
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enhance visibility, optimize operations, and improve decision-making has
become paramount. This invention focuses on mapping the influence of AI
technologies across various facets of SCM, including demand forecasting,
inventory management, logistics optimization, and supplier relationship
management.
[0002] Artificial intelligence, with its capabilities in machine learning,
data analytics, and predictive modeling, offers transformative potential for
supply chain management. By integrating AI, supply chains can achieve
higher levels of efficiency, agility, and resilience. For instance, machine
learning algorithms can analyze vast datasets to predict demand patterns
accurately, while AI-powered automation can streamline warehouse
operations and logistics. Furthermore, AI can enhance risk management
by identifying potential disruptions and enabling proactive responses. This
invention not only explores the current applications of AI in SCM but also
envisions future advancements and trends. By mapping the domain of AI
influence, the invention aims to provide a comprehensive framework that
can guide organizations in adopting and implementing AI solutions to
achieve a competitive edge in the dynamic landscape of supply chain
management.
Background
[0003] The increasing complexity and globalization of supply chains have
necessitated the adoption of advanced technologies to enhance efficiency,
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visibility, and agility. Traditional supply chain management (SCM)
methods often struggle to keep pace with the rapid changes in market
demands, production capabilities, and logistical challenges. This backdrop
has paved the way for the integration of artificial intelligence (AI)
technologies, which promise to revolutionize SCM by offering
sophisticated tools for data analysis, predictive modeling, and automation.
AI's ability to process and analyze vast amounts of data in real-time
provides unprecedented insights and decision-making capabilities,
enabling organizations to optimize their supply chain operations
comprehensively.
[0004] Historically, supply chain management relied heavily on manual
processes and linear forecasting models, which often resulted in
inefficiencies, inaccuracies, and delayed responses to market
fluctuations. The advent of AI technologies has marked a significant shift
in this paradigm. Machine learning algorithms, a subset of AI, can
analyze historical data to identify patterns and trends, significantly
improving demand forecasting accuracy. This leads to better inventory
management, reducing the costs associated with overstocking or
stockouts. Additionally, AI's predictive analytics can help in identifying
potential supply chain disruptions and allow businesses to implement
proactive measures, thus enhancing the overall resilience of the supply
chain.
[0005]
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Logistics optimization is another critical area where AI has made
substantial contributions. Traditional logistics planning often falls short in
managing the complexities of modern supply chains, which involve
multiple modes of transportation, cross-border regulations, and varying
customer demands. AI-driven solutions can optimize route planning,
reduce transportation costs, and improve delivery times by considering
real-time data such as traffic conditions, weather forecasts, and vehicle
availability. Furthermore, AI-powered automation in warehouses,
through the use of robots and automated guided vehicles (AGVs),
streamlines operations, increases throughput, and minimizes human
errors, thereby boosting operational efficiency.
[0006] Supplier relationship management is yet another domain where
AI's impact is profoundly felt. Effective supplier management is crucial for
maintaining a smooth and reliable supply chain. AI can analyze supplier
performance data, monitor compliance with contractual obligations, and
predict potential risks associated with supplier failures or delays. This
enables businesses to make informed decisions about supplier selection
and management. By providing a holistic view of the supply chain, AI
technologies facilitate better coordination and collaboration among
stakeholders, leading to more robust and responsive supply chain
networks. As AI continues to evolve, its applications in SCM are expected
to expand further, driving innovation and competitive advantage for
organizations that embrace these technologies.
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[0007] KR102284675B1 Provided is an artificial intelligence-based
unmanned store operation service provision system. The system
comprises: at least one kiosk that scans a barcode or a QR code,
accumulates stored product information that is pre-mapped to scanned
barcodes or QR codes, and requests payment by adding up the price of
accumulated product information to make a payment with at least one
payment method; an inventory management unit that maps and stores
the display position and inventory quantity of at least one product and the
barcode or QR codes of the product and performs inventory management;
a kiosk management unit that assigns a unique identification code to
identify at least one kiosk and maps and stores the location of the
installed store; a control unit that manages at least one device installed in
each store centering on at least one kiosk to be linked and controlled on
the basis of the Internet of Things (IoT); and a member management unit
that maps and stores at least one piece of member information and a tag
card issued to a member.
[0008] US7409356B1 An improved supply chain management system
and method is disclosed for assisting companies to improve the efficiency
of supply chains. One embodiment includes a partial order planner to
better handle the changes and uncertainties that inevitably occur in the
real-world. One embodiment of the invention provides a supply chain
management system that enables collaboration by exchanging business
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objectives and plans. An additional embodiment of the present invention
includes an intent interpreter module that supports the implementation of
intelligent decision support functionality in a graphical user interface.
[0009] IN202047045598: This patent covers an AI-based system for
real-time monitoring and management of supply chain operations. It
leverages machine learning algorithms to analyze data from various
sources, providing insights that help in decision-making and risk
mitigation.
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Objects of the Invention
[0010] The objects of invention are as follows:
• Utilize AI to analyze historical data and predict future demand trends.
• Implement AI-driven dynamic adjustments to inventory levels.
• Use AI for route optimization and real-time traffic analysis.
• Apply AI to evaluate and manage supplier performance and
compliance.
• Develop AI platforms providing real-time supply chain insights.
• Employ AI and automation to streamline warehouse operations.
• Leverage AI to identify potential supply chain risks and develop
mitigation strategies.
• Use AI to optimize resource usage and reduce environmental impact , Claims:[1] Enhanced Efficiency and Productivity: AI technologies streamline
supply chain processes by automating routine tasks, optimizing inventory
management, and predicting demand patterns. This leads to significant
improvements in operational efficiency and overall productivity.
[2] Improved Decision-Making: AI-driven analytics provide deep insights
into supply chain operations by processing vast amounts of data in realtime. This enables more informed and strategic decision-making, reducing
uncertainties and improving supply chain resilience.
[3] Cost Reduction: By optimizing routes, reducing waste, and improving
inventory management, AI helps in lowering operational costs. Predictive
maintenance of machinery and equipment further reduces downtime and
maintenance expenses, contributing to cost savings.
[4] Enhanced Customer Experience: AI improves supply chain visibility and
transparency, leading to better tracking and faster response times. This
results in improved delivery performance and customer satisfaction, as
businesses can meet customer demands more effectively and promptly

Documents

Application Documents

# Name Date
1 202411043923-STATEMENT OF UNDERTAKING (FORM 3) [06-06-2024(online)].pdf 2024-06-06
2 202411043923-REQUEST FOR EARLY PUBLICATION(FORM-9) [06-06-2024(online)].pdf 2024-06-06
3 202411043923-FORM 1 [06-06-2024(online)].pdf 2024-06-06
4 202411043923-DRAWINGS [06-06-2024(online)].pdf 2024-06-06
5 202411043923-DECLARATION OF INVENTORSHIP (FORM 5) [06-06-2024(online)].pdf 2024-06-06
6 202411043923-COMPLETE SPECIFICATION [06-06-2024(online)].pdf 2024-06-06