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ISSN 2063-5346
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The Role of Artificial Intelligence in Managing Supply Chain Risks occurred due to Covid-19 pandemic in Automobile industry

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Dr. Shivani Kapoor,Dr.Ruchika Rastogi, Dr. Alok Kumar
» doi: 10.31838/ecb/2023.12.si4.132

Abstract

Covid-19 has been the most challenging disruption for the industries in last few years. Lockdown, disruption in supply, meeting demand of the customers were some main issues for the production managers and that’s why they are looking for sustainable solutions in manufacturing units. This disease was found in Wuhan city on 31st December, 2019 and left the entire world infectious in January and February, 2020. WHO has declared Covid -19 as a pandemic in March 2020 and from then the instructions from the government in terms of lock down and social distances started. Enormous changes took place in the industries due to halt in production, shortage of raw material, no transportation and no staff (Ivanov, 2020 and Kumar et al., 2020). Volatility, uncertainty, complexity and ambiguity (VUCA) was seen everywhere and it was very tough to survive in this environment. Number of studies have been conducted in last few years but no study was found to be conducted for automobile industry in Indian market. This study will be useful for the managers of automobile industry to find out policies and other measurements based on the problems found in the Covid-19 pandemic.

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