Cited by 58Impact of AI and Big Data on Business and SocietySupply Chain and Inventory ManagementBig Data and Business Intelligence

Digital Transformation in Supply Chain Management: Artificial Intelligence (AI) and Machine Learning (ML) as Catalysts for Value Creation

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Singh, Pratyush Kumar·2023·International Journal of Supply Chain Management

Abstract

In the rapidly evolving landscape of supply chain management (SCM), digital transformation has become a cornerstone for achieving competitive advantage. This paper explores the pivotal role of Artificial Intelligence (AI) and Machine Learning (ML) as catalysts in this transformation, driving significant value creation across various facets of SCM. Through a comprehensive literature review, including an analysis of 12 key papers, this study examines the integration of AI and ML in enhancing supply chain operations, from predictive analytics in demand forecasting to real-time decision-making in logistics and inventory management. The findings highlight the transformative impact of these technologies in optimizing efficiency, reducing costs, and improving overall supply chain resilience. The paper also addresses the challenges and ethical considerations inherent in implementing AI and ML, such as data privacy and workforce implications. Concluding with a look towards the future, this study underscores the growing importance of AI and ML in shaping the next generation of SCM practices. This research not only contributes to the academic discourse on digital supply chain transformation but also offers practical insights for industry professionals navigating this digital shift.

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Research works printed but not linked: 2

  1. Dimitrakopoulos, G., et al. (2023). On the Way to Realize the 5th Industrial Revolution: Achievements, Challenges and Research Areas. IEEE
  2. Maroun E., et al. (2022) Uncovering Barriers in Forecasting Uncertain Product Demand in the Supply Chain. International Journal of Supply Chain Management.

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Authors
Singh, P. K.
Affiliations
University of Michigan (US)
Corresponding author
Singh, Pratyush Kumar
Venue
International Journal of Supply Chain Management
Publisher
ExcelingTech
Published
2023-12-30
Volume
12
Issue
6
Pages
57-63
ISSN
  • 2050-7399 (ISSN-L)
  • 2051-3771
OpenAlex
W4390442894
Cited by
58
References
8
Citations by year
2026: 13 · 2025: 32 · 2024: 13
FWCI
10.69
Type
journal article
Language
en
Open access
Licence
cc-by-nc
Locations
International Journal of Supply Chain Management (publishedVersion, cc-by-nc)
Topics
  • Social Sciences › Decision Sciences › Management Science and Operations Research › Impact of AI and Big Data on Business and Society
  • Social Sciences › Business, Management and Accounting › Management Information Systems › Supply Chain and Inventory Management
  • Social Sciences › Business, Management and Accounting › Management Information Systems › Big Data and Business Intelligence
Keywords
digital transformation, supply chain management, artificial intelligence, machine learning, value creation, demand forecasting, predictive analytics, logistics decision-making, inventory management, supply chain resilience, data privacy, workforce implications, ethical considerations

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