Vinay Kumar Agrahari,
Sachin Jain,
- Student, Department of Mechanical Engineering, Bansal Institute of Science and Technology, Bhopal, Madhya Pradesh, India
- Assistant Professor, Department of Mechanical Engineering, Bansal Institute of Science and Technology, Bhopal, Madhya Pradesh, India
Abstract
Supply chain management (SCM) is a critical component of modern business operations, directly influencing operational efficiency and global competitiveness. This paper explores strategies, innovations, and sustainable practices aimed at optimizing SCM. It examines the integration of digital technologies, such as artificial intelligence and digital twins, to enhance supply chain performance and adaptability. Additionally, the study delves into sustainable supply chain management (SSCM) practices, including sustainable sourcing, green packaging, and waste reduction, to minimize environmental impact and promote corporate social responsibility. By analyzing the interplay between technological advancements and sustainable practices, the paper provides a comprehensive framework for businesses seeking to improve operational efficiency and maintain a competitive edge in the global market. This study explores the optimization of supply chain management (SCM) through the integration of innovative strategies, advanced technologies, and sustainable practices aimed at improving operational efficiency and ensuring long-term competitiveness in a global market. It examines key aspects such as supply chain design, risk management, inventory control, and the role of digital transformation, including automation and data analytics, in enhancing decision-making and performance. Additionally, the research highlights the growing importance of sustainability, emphasizing eco-friendly practices, ethical sourcing, and circular economy principles, and how these factors contribute to both environmental preservation and cost-effective operations. The findings aim to provide actionable insights for businesses seeking to streamline their supply chains while remaining adaptable to changing market demands and global challenges.
Keywords: Supply chain management, artificial intelligence, blockchain, RFID
[This article belongs to Journal of Production Research & Management ]
Vinay Kumar Agrahari, Sachin Jain. Optimizing Supply Chain Management: Strategies, Innovations, and Sustainable Practices for Enhanced Operational Efficiency and Global Competitiveness. Journal of Production Research & Management. 2025; 15(01):1-6.
Vinay Kumar Agrahari, Sachin Jain. Optimizing Supply Chain Management: Strategies, Innovations, and Sustainable Practices for Enhanced Operational Efficiency and Global Competitiveness. Journal of Production Research & Management. 2025; 15(01):1-6. Available from: https://journals.stmjournals.com/joprm/article=2025/view=204890
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Journal of Production Research & Management
Volume | 15 |
Issue | 01 |
Received | 21/12/2024 |
Accepted | 24/02/2025 |
Published | 01/03/2025 |
Publication Time | 70 Days |