Artificial Intelligence in Supply Chain Management. Opportunities and risks of digitalisation

Master's Thesis from the year 2020 in the subject Business economics - Supply, Production, Logistics, , language: English, abstract: Industrialisation has greatly changed people's lives since the eighteenth century. At that time, the focus of activities shifted from the physical to the cognitive. We are now in the fourth industrial revolution. Through the development of ever better artificial systems, more and more cognitive activities are being carried out by machines.But what exactly does artificial intelligence mean? What changes has it already created in supply chain management and what is still possible in the future? What are the risks associated with advancing digitalisation?In his publication, Johannes Hangl creates a comprehensive picture of the status of current and future developments as well as trends in the use of artificial intelligence. He shows what possibilities, effects, opportunities and risks it has for supply chain management.From the contents:- AI;- Internet of Things;- Logistics;- Cyber-Physical Systems