How Technology Impact Supply Chain Performing in the Motor Bike Manufacturing Industry

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Abstract

The study analyzes the impact of adopting technology on the performance of the supply chain of New Grameen Motors Ltd. The inquiry centered on the incorporation of Internet of Things (IoT), Artificial Intelligence (AI), and automation technologies in the manufacturing business, evaluating their impact on operational efficiency, supply chain transparency, and decision-making procedures. The results demonstrate that the incorporation of technology has had a profound impact on the way supply chain activities are conducted. The use of IoT devices enabled the continuous monitoring of data, improving the management of inventories and increasing the accuracy of demand forecasts. Artificial intelligence (AI) enhanced analytics optimized production plans, detected problems in advance, and enhanced operational efficiency. Furthermore, the use of Big Data analytics facilitated the process of generating well-informed decisions, hence influencing plans and customer-focused methods. Nevertheless, the implementation process encountered difficulties, including compatibility problems, significant upfront investment needs, and worries around data security. To address these challenges, it was necessary to provide extensive training to employees, implement strong cybersecurity measures, and develop strategic integration methods. This research highlights the essential need for firms to have a culture that promotes innovation, gives priority to continuous improvements, and encourages strategic partnerships in order to efficiently traverse the complexity associated with adopting new technologies. To summarize, this research emphasizes the significance of New Grameen Motors Ltd finding a middle ground between tackling obstacles and capitalizing on technology prospects. To fully use the revolutionary capabilities of technology in its supply chain operations, the organization should allocate resources towards staff training, enhancing integration techniques, and giving high importance to data security. This proactive strategy will drive the organization towards consistent expansion, increased competitiveness, and improved operational efficiency within the ever-changing manufacturing industry.

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