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Impact of Digital Transformation on Inventory Management: An Exploration of Supply Chain Practices

2024· preprint· en· W4400492858 on OpenAlexaff
Samuel Holloway

Bibliographic record

VenuePreprints.org · 2024
Typepreprint
Languageen
FieldComputer Science
TopicOrganizational and Employee Performance
Canadian institutionsKellogg's (Canada)
Fundersnot available
KeywordsSupply chainProcess managementAnalyticsDigital transformationSupply chain managementCloud computingLeverage (statistics)BusinessComputer scienceKnowledge managementMarketingData science

Abstract

fetched live from OpenAlex

Digital transformation is revolutionizing inventory management practices within supply chains, offering unprecedented opportunities and challenges for businesses worldwide. This study explores the impact of digital technologies on inventory management, focusing on the adoption of IoT sensors, RFID tags, AI-driven analytics, and cloud-based systems. Through a qualitative research approach encompassing interviews with industry professionals and secondary data analysis, the study examines key themes including enhanced inventory visibility, improved accuracy, advanced demand forecasting, and streamlined supply chain collaboration. Findings reveal that digital technologies significantly enhance inventory visibility by providing real-time tracking and data integration capabilities. This facilitates accurate inventory monitoring and decision-making, reducing errors and optimizing inventory levels to meet fluctuating demand effectively. AI-driven analytics and machine learning models emerge as pivotal tools for predictive demand forecasting, enabling businesses to anticipate market trends and adjust inventory strategies accordingly. Additionally, cloud-based systems and electronic data interchange (EDI) foster improved communication and coordination among supply chain partners, enhancing overall operational efficiency. Despite these benefits, challenges such as system integration complexities, high implementation costs, data quality management, cybersecurity risks, and regulatory compliance issues are prevalent. Successful adoption of digital inventory management solutions requires strategic planning, investment in technology infrastructure, and organizational readiness to navigate these challenges effectively. This study contributes to the understanding of how digital transformation reshapes inventory management practices, offering insights for researchers and practitioners alike to leverage digital technologies for enhanced supply chain performance and competitive advantage

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.008
metaresearch head score (Gemma)0.017
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Qualitative · Consensus signal: Qualitative
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.009
Threshold uncertainty score0.063

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0080.017
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.004
Science and technology studies0.0040.007
Scholarly communication0.0080.007
Open science0.0010.006
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.150
GPT teacher head0.365
Teacher spread0.215 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designQualitative
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2024
Admission routes1
Has abstractyes

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