Leveraging Cutting-Edge Technologies and Innovative Strategies to Optimize the IoT and AI Integration in Supply Chain Management

Abstract

Conventional supply chain models are insufficient to satisfy the requirements of contemporary consumers and their growing quantities. This model presents a methodology for incorporating internet of things (IoT) and artificial intelligence (AI) technology into supply chain management. The objective is to establish a flexible and responsive system. The proposed new model aims to improve the efficiency, transparency, and ecological impact of the supply chain. The proposed integration model of IoT and AI in supply chain is a comprehensive strategy to revolutionizing supply chain management. Organizations can develop more adaptable, productive, and environmentally friendly supply chains that meet the requirements of the contemporary business environment by adopting advanced technology and promoting a culture of innovation. The amalgamation of internet of things (IoT) and machine learning (ML) technology presents significant opportunities to transform supply chain management by enhancing productivity, minimizing expenses, and facilitating more informed decision-making.