Essay About Disadvantages Of Artificial Intelligence And Supply Chains

Advantages and Disadvantages of Artificial Intelligence in Supply Chains
Subject: Research Report: Advantages and Disadvantages of Artificial Intelligence in Supply Chains______________________________________________________________________________Research Report Advantages and Disadvantages of Artificial Intelligence in Supply ChainsPrepared for Professor Adrienne VanthuyneFanshawe University COMM 6019-41Prepared byVeronica Aldrey November 28th 2016 Table of ContentsExecutive Summary        3Introduction        4Defining Artificial Intelligence        5Agent-Based System        5Genetic Algorithms        5Expert Systems        6Competitive Advantage        6Inventory Control and Planning        7Transportation Network Design        7Purchasing and Supply Management        7Demand Shaping, Planning, and Forecasting        7Supply Chain Management Job Qualifications        8Unemployment        8Unique Human Qualities        8Unique Artificial Intelligence Qualities        9Trust in Technology        9Loss of Control        10Ethics        10Conclusion        10Discussion and Recommendation        11References        12 List of Illustration Figure 1 Artificial Intelligence Revenue by Region 2015-2014………………………………….4Figure 2 Link between popular AI tools and their SCM applications areas……………………6Research ReportAdvantages and Disadvantages of Artificially Intelligence in Supply Chain Executive SummaryArtificial Intelligence (AI) began 60 years ago and it has recently been a trending topic in the business world. Digitization is changing the world and the rules of business competition. Therefore, this report analyzes the advantages and disadvantages of artificial intelligence in supply chain management.