The Future of Inventory Management: Automation, AI (Artificial Intelligence), and the Internet of Things (Iot)

Haranhari X; Sushmidhayal X

doi:10.34293/sijash.v12iS1-Feb.9649

Haranhari X I MBA, School of Management Dwaraka Doss Goverdhan Doss Vaishnav College Chennai, Tamil Nadu, India
Sushmidhayal X I MBA, School of Management Dwaraka Doss Goverdhan Doss Vaishnav College Chennai, Tamil Nadu, India

DOI: https://doi.org/10.34293/sijash.v12iS1-Feb.9649

Keywords: Automation, Artificial Intelligence (AI), Internet of Things (IoT), Work force Development, Technology Adoption, Job Displacement, Security Concerns, Statistical Analysis,, ANOVA, Regression Analysis, AI Awareness, Industry Transformation

Abstract

This study examines attitudes toward automation, artificial intelligence (AI), and Internet of Things (IoT) in different groups of people. By reflecting on the answers of 150 people, we will be able to gauge their levels of comfort with these technologies, anxiety over job displacement, and likelihood of adopting automation solutions. The effects of the variables including gender, education, and familiarity on automation perceptions are analyzed using statistical methods including descriptive analysis, t-tests, ANOVA, and regression analysis. Findings indicate an average level of awareness of AI and IoT, neutral to probable control of attitudes toward automation, and apprehensions of job loss and security risks. The study demands targeted awareness education, policy measures, and further investigation of the barriers to automation implementation. The results bring about a deeper insight about the acceptance of technology and its impact to the development of workforce and industry transformation.