Enhancing Supply Chain Resilience with Metaverse and ChatGPT Technologies
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Abstract
Global supply lines have been severely disrupted by the COVID-19 epidemic and the conflict between Russia and Ukraine, which has sharply increased the price of commodities and generated inflation. These incidents highlight how critical it is to improve supply chain resilience (SCRES) in order to fend off unforeseen setbacks. Controlling both internal and external interruptions, such as transportation problems brought on by natural catastrophes and wars, is the responsibility of SCRES. Enhancing resilience in supply chains requires accurate and timely information transfer. Promising answers to these problems can be found in the Metaverse and ChatGPT, two new digital technologies. The Metaverse may imitate real-world situations and offer dynamic, real-time 3D representations of supply chain data by integrating blockchain, IoT, network connection, and computer power.Large-scale natural language processing model ChatGPT improves communication and data translation accuracy and speed. To manage risk and facilitate decision making in Supply Chain management, firms should increase information transmission, Speed and quality. This study aim to show the importance of ChatGPT and Metaverse technologies to improve SCRES, with an emphasis on the most important criteria for SCRES, and maturity factor that can influence directly the SC development.
