International Journal of Advanced Multidisciplinary Research and Studies
Volume 4, Issue 3, 2024
The Future of Autonomous Vehicles in Logistics and Supply Chain Management
Author(s): Constance Obiuto Nwankwo, Emmanuel Augustine Etukudoh
Abstract:
This review paper explores the transformative potential of autonomous vehicles (AVs) in logistics and supply chain management, highlighting the technological advancements that enable these vehicles to operate with minimal human intervention. It examines the implications of AV integration, including increased operational efficiency, cost reductions, and enhanced sustainability. The paper also addresses the significant challenges facing the adoption of AVs, such as regulatory and legal hurdles, security and privacy concerns, and the need for substantial infrastructure investment. Strategic recommendations for businesses and policymakers are provided to navigate these challenges. Future research directions are suggested to explore further the impact of AVs on logistics and supply chains. This comprehensive analysis sheds light on the opportunities and obstacles of deploying AVs in logistics.
Keywords: Autonomous Vehicles, Logistics, Supply Chain Management, Technological Advancements, Regulatory Challenges, Sustainability
Pages: 244-248
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