Abstract
Supply chain (SC) processes are complex and have been the subject of many optimization studies. The optimization of the SC is pivotal for the success of a business. optimizing SC usually requires rapid responses and additional resources, resulting in increased energy demand that in turn yields augmented CO2 emission. The advent of the Artificial Intelligence (AI) has delivered alternative optimization opportunities when adopted as a digital tool. This research provides insights into AI application for optimizing SC processes in order to decrease energy demand and CO2 emission. The AI engine is based on a Cyber Physical System (CPS) developed using business activities as defined by business processes. A Monte Carlo simulation is adopted to ensure that the baseline (CPS) model is statistically representative. The probability functions and results of2400 runs are extracted and inputted into Python code to generate ordinary least square (OLS) multiple linear regression model. The results of the OLS are used to create energy optimization formula to reduce CO2 emission and yield sustainable energy in the SC.
| Original language | English |
|---|---|
| Title of host publication | 2021 IEEE Technology and Engineering Management Conference - Europe, TEMSCON-EUR 2021 |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| ISBN (Electronic) | 9781665440912 |
| DOIs | |
| Publication status | Published - 17 May 2021 |
| Event | 2021 IEEE Technology and Engineering Management Conference - Europe, TEMSCON-EUR 2021 - Virtual, Online, Croatia Duration: 17 May 2021 → 20 May 2021 |
Publication series
| Name | 2021 IEEE Technology and Engineering Management Conference - Europe, TEMSCON-EUR 2021 |
|---|
Conference
| Conference | 2021 IEEE Technology and Engineering Management Conference - Europe, TEMSCON-EUR 2021 |
|---|---|
| Country/Territory | Croatia |
| City | Virtual, Online |
| Period | 17/05/21 → 20/05/21 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 12 Responsible Consumption and Production
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SDG 13 Climate Action
Keywords
- Artificial Intelligence
- Machine Learning
- Optimization
- Supply Chain
ASJC Scopus subject areas
- Management Information Systems
- Strategy and Management
- Engineering (miscellaneous)
- Civil and Structural Engineering
- Safety, Risk, Reliability and Quality
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