Quantum Computing and Supply Chain Management: A New Era of Optimization

Download or read book Quantum Computing and Supply Chain Management: A New Era of Optimization written by Hassan, Ahdi and published by IGI Global. This book was released on 2024-07-23 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's supply chains are becoming more complex and interconnected. As a result, traditional optimization engines struggle to cope with the increasing demands for real-time order fulfillment and inventory management. With the expansion and diversification of supply chain networks, these engines require additional support to handle the growing complexity effectively. This poses a significant challenge for supply chain professionals who must find efficient and cost-effective solutions to streamline their operations and promptly meet customer demands. Quantum Computing and Supply Chain Management: A New Era of Optimization offers a transformative solution to these challenges. By harnessing the power of quantum computing, this book explores how supply chain planners can overcome the limitations of traditional optimization engines. Quantum computing's ability to process vast amounts of data from IoT sensors in real time can revolutionize inventory management, resource allocation, and logistics within the supply chain. It provides a theoretical framework and practical examples to illustrate how quantum algorithms can enhance transparency, optimize dynamic inventory allocation, and improve supply chain resilience.