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How will Artificial Intelligence influence Supply Chain Risk Management in Europe by 2035?

  • The sector of supply chain risk management has been expanding for several years now, with the goal to not only prepare organizations to recover after supply-chain disruptions but also mitigate risks to reduce losses. One of the most remarkable techniques in the field is the Artificial Intelligence technology, which owing to its effectiveness and efficiency, allows humans to develop new solutions to predict or prevent a great variety of supply-chain disruptions. This paper aims to forecast the future state of the Artificial Intelligence technology in Europe by 2035 with the use of the INKA 4 scenario manager software. A total of four areas of influence –– i.e., technological, financial, legal, and social –– were identified. From those, 11 descriptors were created based on relevant scientific literature and were inserted in the INKA software to develop the scenarios. This process resulted in three clearly differentiated scenarios that exhibit high probabilities and positive outlook for the Artificial Intelligence technology to be widely integrated in supply chain risk management systems in Europe by 2035.

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Author:I-Chen Chung
Advisor:Jane Zima
Document Type:Master's Thesis
Year of Completion:2022
Granting Institution:Hochschule Furtwangen
Date of final exam:2022/11/02
Release Date:2022/12/16
Tag:Artificial Intelligence; INKA 4; Scenario Planning; Supply Chain Risk Management
Degree Program:IMM - International Management
Functional area:Production, Operations and Supply Chain Management
Licence (German):License LogoUrheberrechtlich geschützt