Issue |
SHS Web Conf.
Volume 207, 2024
2024 2nd International Conference on Digital Economy and Business Administration (ICDEBA 2024)
|
|
---|---|---|
Article Number | 03015 | |
Number of page(s) | 5 | |
Section | E-commerce, Technology, and Innovation | |
DOI | https://doi.org/10.1051/shsconf/202420703015 | |
Published online | 10 December 2024 |
Revolutionizing industrial efficiency through generative AI: Case studies and impacts on supply chain operations
College of Urban Rail Transit and Logistics, Beijing Union University, Beijing, 100101, China
* Corresponding author: 2020260359003@buu.edu.cn
With the advancement of Industry 4.0, the manufacturing industry is working to create a new smart industrial world through computerization, digitization and intelligence enhancement. Gen AI is primarily characterized by its ability to generate novel data patterns and solutions rather than merely analyzing predefined data inputs. This paper explores the transformative impact of Gen AI on supply chain efficiency in industrial engineering and logistics. Key applications include inventory optimization, predictive maintenance, fraud detection, risk management, logistics optimization, and demand forecasting. The study shows that Gen AI significantly improves operational efficiency and reduces stress for industrial workers by providing dynamic data-driven solutions. Through real-world case studies, including companies, this study demonstrates how Gen AI can revolutionize supply chain management and increase productivity. Despite its significant benefits, Gen AI still faces several challenges due to its cutting-edge nature. Further, in-depth research is needed in the future as the number of relevant cases and literature increases.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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