How Smart Operations Help Better Planning and Replenishment?

This chapter discusses various roles of smart information in Supply Chains (SC) of digital age and tries to answer an important question - What types of collaborative arrangements facilitate smart operations to improve planning, production and timely replenishment? We have conducted longitudinal case studies with firms practicing SC collaborations and also using smart information for operations. Based on the case analysis, the companies are further classified as 'smart planning' and 'traditional planning'. Research findings show the importance of aligning SC partnerships based on smart information requirements. These findings are based on case studies of Indian firms with global SC collaboration. We also discuss the role of Big Data for the companies using smart planning

Enhancing Islamic banking and finance in Southeast Asia through the application of artificial intelligence: An exploration of banking's best practices

The disruption of innovations in the banking sector continues to indicate a positive trend among bankers and customers. The innovations of technology that stand with speediness and fast track transaction effectively support the spread in using banking system without barriers. Recently, the financial services industry continues to be surprised by the latest technology's innovation that is known as artificial intelligence. By looking into the ecosystem for the future sustainability of Islamic banking and finance in Southeast Asia, Islamic financial services may learn and adopt several best practices of A.I. from global banking practices. With a focus on the Islamic financial services industry in Southeast Asia, an exploration on the readiness of such industry and advantages of artificial intelligence are made. This research depends on the qualitative investigation from documentary materials. The leadership of Islamic banks shows their readiness in accepting artificial intelligenc

Enhancing Islamic banking and finance in South East Asia through the application of artificial intelligence: an exploration of banking’s best practices

The disruption of innovations through technology in the banking and finance sectors continues to indicate a positive trend among bankers, practitioners, and customers at large. Advantageous with speediness and fast track transaction, the innovations of technology support the spread in using banking and finance system without barriers of time and space. Recently, the banking and finance industry continues to be surprised by the latest technology’s innovation that is known as artificial intelligence or can be simply known as A.I. By looking into the ecosystem for the future sustainability of Islamic banking and finance in South East Asia, Islamic banking and finance may learn and adopt several best practices of A.I. from global banking practices. An exploration of the advantages of A.I. and readiness of the Islamic banking and finance industry in South East Asia must be looked into without fail. This research will also look into the attitudes of Islamic banks’ leadership in South East Asia in accepting A.I. Depending on secondary data collected by previous studies, this research depends on the qualitative investigation from documentary materials from Islamic and conventional banking and finance industry. As identified, A.I. stands with several advantages to the Islamic and finance industry in South East Asia. Even though the leadership of Islamic banks shows their readiness towards accepting the technology’s innovation or A.I., they are still tied down to the regulatory requirements, the readiness of their employees, acceptance of their shareholders, and awareness of their customers. HSBC seems to be at the front sit in implementing technology’s innovation of A.I. This research explores the best practices of implementing A.I. in the banking and finance industry that may be adopted by the Islamic banking and finance industry in South East Asia. It also identifies the trend of leadership in the said industry in facing the disruption of technology