International Journal of Progressive Research in Engineering Management and Science
(Peer-Reviewed, Open Access, Fully Referred International Journal)
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Analyzing the Impact of Technology Integration on Inventory Management in the Petroleum Supply Chain (KEY IJP************215)
Abstract
This research investigates how technology integration can revolutionize inventory management within the petroleum supply chain. Through a mixed-methods approach, it combines quantitative analysis with qualitative insights from industry experts. Beginning with a thorough literature review, the study establishes the importance of inventory management in optimizing supply chain operations and identifies gaps in current technology applications. Empirical analysis of inventory data and qualitative interviews with practitioners shed light on the impact and challenges of technology adoption. The findings offer valuable insights for academia and practical guidance for industry stakeholders aiming to enhance operational efficiency, cut costs, and manage supply chain risks effectively.
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