Investigating the importance of technological advancements in logistics and supply chain management and how they help meet global sustainability Goals

Abstract

Logistics management and Supply chain management are the terms associated with supply chain management, which involves activities such as planning, sourcing, generating, and delivering goods and services. Logistics, on the other hand, involves emphasising the track of processes so that the right products are at the right place at the right time. Along with these processes, technological advancements play significant roles in terms of productivity, efficiency and attainment of sustainable goals. In this context, this research study aims to explore the investigation of technological advancements such as artificial intelligence (AI), blockchain technology (BCT), internet of things (IoT), automation and robotics in supply chain and logistics along with meeting the sustainability goals. Therefore, this research will fill the gap in the prevailing literature on technological advancements and carbon reduction by including a specific study of the automotive manufacturing sectors. In terms of methodology, a questionnaire survey was conducted through structured closed-ended questions including the sixty-four participants as stakeholders of the supply chains and logistics. The key findings or results reveal the information or understanding that, technological advancements optimise inventory management and also help in reducing waste for sectors like manufacturing in the Automotive industries. Along with this, technical development improves the productivity of supply chain management as well as logistics by accomplishing global sustainability objectives and reducing carbon emissions in the manufacturing sector. In this research study, the different obstacles to adopting sustainable logistics technology are also explored by promoting the application of renewable energy and green logistics in different sectors. One of the significant limitations of this research study is that it does not involve all aspects of green technology and green technologies can be a good option for future research study. The conclusion as well as recommendations drawn in the present studies, are expected to offer a significant insight for supply chain management and logistics to get a competitive advantage in terms of attaining sustainable execution with the usage of logical advancement. Acknowledg