Port Dada Integration

2021 ◽  
pp. 1-22
Author(s):  
José Luís Cacho ◽  
Adalberto Tokarski ◽  
Elizabete Thomas ◽  
Valentina Chkoniya
Keyword(s):  
Artificial Intelligence ◽  
Decision Making ◽  
Cloud Computing ◽  
Supply Chain ◽  
Data Integration ◽  
Data Science ◽  
Just In Time ◽  
Use Of Data ◽  
Digital Infrastructure ◽  
Digital Transition

The maritime supply chain is growing in complexity. Ports are at the crossroads of many activities, modes, and stakeholders, and are actively becoming digital hubs. Today, digital and physical connectivity go hand in hand. The port could benefit from taping the opportunities arising from digitalization and data integration since it helps to leverage external knowledge, engage stakeholders, create new decision-making anchors, lower the risk of certain investments, boost productivity and cut costs, and accelerate greening and digital transition, generating possibilities for just-in-time operations and optimizations. The chapter aims to apprehend the use of data science in the port sector. The state of the art in Brazil and Portugal are different. Even inside Brazil, there is no homogeneity of ports in the usage of digital infrastructure, cloud computing, or artificial intelligence. The existing inequalities hinder general cooperation between nations but, at the same time, reveal opportunities to approach specific nodes in the international supply chain.

Novel Application of Artificial Intelligence with Potential to Transform Well Planning Workflows on the Norwegian Continental Shelf

2021 ◽  
Author(s):  
Jon Gustav Vabø ◽  
Evan Thomas Delaney ◽  
Tom Savel ◽  
Norbert Dolle
Keyword(s):  
Artificial Intelligence ◽  
Decision Making ◽  
Continental Shelf ◽  
Data Science ◽  
Search Algorithm ◽  
Solution Space ◽  
Good Decision ◽  
Trade Offs ◽  
Well Trajectory ◽  
Norwegian Continental Shelf

Abstract This paper describes the transformational application of Artificial Intelligence (AI) in Equinor's annual well planning and maturation process. Well planning is a complex decision-making process, like many other processes in the industry. There are thousands of choices, conflicting business drivers, lots of uncertainty, and hidden bias. These complexities all add up, which makes good decision making very hard. In this application, AI has been used for automated and unbiased evaluation of the full solution space, with the objective to optimize the selection of drilling campaigns while taking into account complex issues such as anti-collision with existing wells, drilling hazards and trade-offs between cost, value and risk. Designing drillable well trajectories involves a sequence of decisions, which makes the process very suitable for AI algorithms. Different solver architectures, or algorithms, can be used to play this game. This is similar to how companies such as Google-owned DeepMind develop customized solvers for games such as Go and StarCraft. The chosen method is a Tree Search algorithm with an evolutionary layer on top, providing a good balance in terms of performance (i.e., speed) vs. exploration capability (i.e., it looks "wide" in the option space). The algorithm has been deployed in a full stack web-based application that allows users to follow an end-2-end workflow: from defining well trajectory design rules and constraints to running the AI engine and evaluating results to the optimization of multi-well drilling campaigns based on risk, value and cost objectives. The full-size paper describes different Norwegian Continental Shelf (NCS) use cases of this AI assisted well trajectory planning. Results to-date indicate significant CAPEX savings potential and step-change improvements in decision speed (months to days) compared to routine manual workflows. There are very limited real transformative examples of Artificial Intelligence in multi- disciplinary workflows. This paper therefore gives a unique insight how a combination of data science, domain expertise and end user feedback can lead to powerful and transformative AI solutions – implemented at scale within an existing organization.

scholarly journals Measuring Digital Transformation Maturity of Supply Chain

2021 ◽  
Vol 15 (2) ◽  
pp. 199-204
Author(s):  
Krešimir Buntak ◽  
Matija Kovačić ◽  
Maja Mutavdžija
Keyword(s):  
Artificial Intelligence ◽  
Cloud Computing ◽  
Supply Chain ◽  
Industry 4.0 ◽  
Digital Transformation ◽  
Strategic Decision ◽  
Traditional Practices ◽  
Long Run ◽  
Efficiency And Effectiveness ◽  
Different Levels

Digital transformation signifies changes in all components and systems of the supply chain. It is also a strategic decision of the organization which, in the long run, can result in the creation of competitive advantage in the market. Digital transformation is affecting all organizations, regardless of their activity. Digital transformation of the supply chain involves the use of industry 4.0 based technologies as well as the replacement of traditional practices with new ones based on digital solutions. The implementation of digital solutions, such as artificial intelligence, IoT, cloud computing, etc., therefore, improve communication between stakeholders in the supply chain, as well as improve efficiency and effectiveness. When conducted, digital transformation must be measured by different levels of maturity. In this paper, authors research current models of measuring digital transformation maturity in supply chain and propose a new model based on identified theories and needs.

Use of Information Technology in the Supply Chain Management of the Pharmaceutical Industry

2022 ◽  
pp. 137-168
Author(s):  
Saibal Kumar Saha ◽  
Sangita Saha ◽  
Ajeya Jha
Keyword(s):  
Artificial Intelligence ◽  
Information Technology ◽  
Cloud Computing ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Pharmaceutical Industry ◽  
Successful Implementation ◽  
Chain Management ◽  
Role Of Information

An efficient supply chain management helps to increase the productivity of a business. Use of information technology and concepts like artificial intelligence, blockchain, and cloud computing have integrated the different aspects of supply chain with its stakeholders. Published literature in the field of SCM, IT, and the pharmaceutical industry has been reviewed, and different aspects of innovation, technique, risks, advancements, factors, and models have been taken into consideration to form a comprehensive chapter focusing on the role of information technology in the supply chain management of the pharmaceutical industry. The chapter finds that IT has made a significant impact in improving the efficiency of SCM. But its successful implementation and collaboration with other firms is the key to success for an efficient SCM. Within each category, gaps have been identified.

IoT ecosystem faces fragmented future

2019 ◽  
Keyword(s):  
Artificial Intelligence ◽  
Cloud Computing ◽  
Supply Chain ◽  
Internet Of Things ◽  
Data Privacy ◽  
The Internet ◽  
Privacy And Security ◽  
Content Type ◽  
Iot Devices ◽  
The Internet Of Things

Subject IoT ecosystem. Significance The market for the Internet of Things (IoT) or connected devices is expanding rapidly, with no manufacturer currently forecast to dominate the supply chain. This has fragmented the emerging IoT ecosystem, triggering questions about interoperability and cybersecurity of IoT devices. Impacts Firms in manufacturing, transportation and logistics and utilities are expected to see the highest IoT spending in coming years. The pace of IoT adoption is inextricably linked to that of related technologies such as 5G, artificial intelligence and cloud computing. Data privacy and security will be the greatest constraint to IoT adoption.

scholarly journals Enablers to supply chain performance on the basis of digitization technologies

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Himanshu Gupta ◽  
Sarangdhar Kumar ◽  
Simonov Kusi-Sarpong ◽  
Charbel Jose Chiappetta Jabbour ◽  
Martin Agyemang
Keyword(s):  
Decision Making ◽  
Big Data ◽  
Supply Chain ◽  
Information Technologies ◽  
Data Science ◽  
Content Type ◽  
Big Data Technologies ◽  
Fierce Competition ◽  
Practical Implications ◽  
Improve Supply Chain

PurposeThe aim of this study is to identify and prioritize a list of key digitization enablers that can improve supply chain management (SCM). SCM is an important driver for organization's competitive advantage. The fierce competition in the market has forced companies to look the past conventional decision-making process, which is based on intuition and previous experience. The swift evolution of information technologies (ITs) and digitization tools has changed the scenario for many industries, including those involved in SCM.Design/methodology/approachThe Best Worst Method (BWM) has been applied to evaluate, rank and prioritize the key digitization and IT enablers beneficial for the improvement of SC performance. The study also used additive value function to rank the organizations on their SC performance with respect to digitization enablers.FindingsThe total of 25 key enablers have been identified and ranked. The results revealed that “big data/data science skills”, “tracking and localization of products” and “appropriate and feasibility study for aiding the selection and adoption of big data technologies and techniques ” are the top three digitization and IT enablers that organizations need to focus much in order to improve their SC performance. The study also ranked the SC performance of the organizations based on digitization enablers.Practical implicationsThe findings of this study will help the organizations to focus on certain digitization technologies in order to improve their SC performance. This study also provides an original framework for organizations to rank the key digitization enablers according to enablers relevant in their context and also to compare their performance with their counterparts.Originality/valueThis study seems to be the first of its kind in which 25 digitization enablers categorized in four main categories are ranked using a multi-criteria decision-making (MCDM) tool. This study is also first of its kind in ranking the organizations in their SC performance based on weights/ranks of digitization enablers.

Intelligent Big Data Analytics

2019 ◽  
pp. 1-19 ◽  
Author(s):  
Zhaohao Sun
Keyword(s):  
Artificial Intelligence ◽  
Decision Making ◽  
Big Data ◽  
Data Analytics ◽  
Data Science ◽  
Big Data Analytics ◽  
Business Decision ◽  
Technology System ◽  
System Service ◽  
Managerial Perspective

Intelligent big data analytics is an emerging paradigm in the age of big data, analytics, and artificial intelligence (AI). This chapter explores intelligent big data analytics from a managerial perspective. More specifically, it first looks at the age of trinity and argues that intelligent big data analytics is at the center of the age of trinity. This chapter then proposes a managerial framework of intelligent big data analytics, which consists of intelligent big data analytics as a science, technology, system, service, and management for improving business decision making. Then it examines intelligent big data analytics for management taking into account four managerial functions: planning, organizing, leading, and controlling. The proposed approach in this chapter might facilitate the research and development of intelligent big data analytics, big data analytics, business intelligence, artificial intelligence, and data science.

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