Abstract
Supply chain has caused disruptions in both global and local market, the chip shortage has not only challenged the automobile industry but also the computing and electronic industries. During pandemic retail vehicle sales dip due to which companies had to withdraw the orders of semi-conductor whereas demand for laptops and mobile phones increased which in turn led to delay in car production due to shortage of chip globally. For instance, Ola faced major problems as it was not able to complete the deliveries on time, founder Bhavish Agarwal blames the delay on chip shortage he added that the demand is much more than the supply of semiconductor chips. Other than Ola there are several other Indian companies which has been affected due to it. To reduce the impacts of shortage in business companies can examine the inventory management system and take orders according to it, improve supplier relations can decrease the risk of getting in unfavorable conditions, improving the R&D manufacturing efficiency by bringing in Artificial Intelligence as it can speed the process by eliminating defects. Where it takes humans around six months whereas AI can develop faster and more efficient processors through algorithms.
Keywords
Chip Shortage, Graphics Card, Database, AI in R&D, OLA Delayed Orders, Dip in Car Sales
Citations
IRE Journals:
Toshi Pandit , Abhishek S Jain , Deenu Chogani , Pallav Chawla , Dr. Anita Walia; Dr. Suprita Rai
"Supply Chain Issues & Chip Shortage" Iconic Research And Engineering Journals Volume 6 Issue 10 2023 Page 342-350
IEEE:
Toshi Pandit , Abhishek S Jain , Deenu Chogani , Pallav Chawla , Dr. Anita Walia; Dr. Suprita Rai
"Supply Chain Issues & Chip Shortage" Iconic Research And Engineering Journals, 6(10)
About IRE Journals
IRE Journals is an open access online journals established with an aim to publish high quality of research work in various diciplines. We have more than 6 years in publications. Over 2500+ papers already published.
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