Revolutionizing logistics: The impact of autonomous vehicles on supply chain efficiency
1 Independent Researcher, Nashville, TN, USA.
2 Christfill Global Enterprises, Lagos Nigeria.
Review
International Journal of Scientific Research Updates, 2024, 08(01), 009–026.
Article DOI: 10.53430/ijsru.2024.8.1.0042
Publication history:
Received on 18 May 2024; revised on 26 June 2024; accepted on 29 June 2024
Abstract:
This review paper assesses the impact of autonomous vehicles (AVs) on enhancing the efficiency of supply chains, aiming to synthesize existing research and identify future research directions. Through a comprehensive analysis of literature spanning technological, economic, and regulatory perspectives, this paper maps the current landscape of AV integration in logistics.
The review finds that AVs offer substantial improvements in supply chain efficiency through continuous operation and reduced human error, leading to decreased costs and improved delivery timelines. It details the potential for up to 30% enhancement in logistical operations with AV adoption. Critical barriers such as technological challenges, regulatory concerns, and cybersecurity risks are also discussed.
Conclusively, the paper argues that while AVs present a promising avenue for revolutionizing supply chain management, their widespread adoption depends on overcoming existing barriers. It calls for targeted research into robust AV systems, supportive policy frameworks, and stakeholder engagement strategies to fully realize their benefits.
Keywords:
Autonomous Vehicles (AVs); Logistics and Supply Chain Management; Operational Efficiency; AI and Machine Learning in Logistics; Regulatory Challenges in AV Integration; Safety Enhancements with Autonomous Technology; Environmental Sustainability in Logistics; Workforce Transition and AVs; Global Supply Chain Innovations; Technological Advancements in Transportation
Full text article in PDF:
Copyright information:
Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0