International Journal of Research and Analysis in Commerce and Management

The Emergence and Impact of Supply Chain Management 4.0: Revolutionizing Industries through Advanced Technologies

Dr. Sneha Vishnu More — Tue, 01 Oct 2024 00:00:00 +0000

Supply chain management is constantly evolving. The business world is transitioning from one paradigm to the next. In the company area, deliver chain four.0 is the most recent trend. This article examines and analyses the existing modern literature on Supply Chain Management 4.0 (SCM 4.0) and the interplay among digital technologies and Supply Chain Management. A bibliometric examine and a literature evaluation of modern-day courses in the applicable topic had been performed. The effect of emerging technology on various supply chain operations is tested in this research. In addition, the examine establishes a foundation for destiny studies and exercise. Because it describes the pillar components for any supply chain exchange, the recommended paintings is treasured for each lecturers and practitioners. It additionally suggests a fixed of observe questions that is probably utilized as a foundation for the field's destiny studies. This study provides a sparkling and unique literature evaluation-based observe on SCM4.Zero, as there is currently no complete assessment reachable that includes bibliometric analysis, motives, impediments, and the effect of technology on awesome SC approaches.

Artificial Intelligence (AI) in Accounting and Auditing: The Conceptual Framework

Dr. G. Raja Reddy — Tue, 01 Oct 2024 00:00:00 +0000

This literature review explores the application of Artificial Intelligence (AI) in the fields of accounting and auditing. A semi-systematic or narrative review approach was employed to analyze relevant publications, including books and journals. In response to the disruptive technologies of Industry 4.0, the accounting and auditing professions must transform to adapt and evolve. Interdisciplinary collaboration is crucial for research in AI as it pertains to accounting and auditing. The wider adoption of AI in these fields promises increased efficiency, productivity, and accuracy but also poses challenges, such as income and wealth inequality, job displacement, and an unskilled workforce. Thus, educators, regulators, and professional bodies need to prepare for this paradigm shift by readying students, shaping policies, and training future professionals to navigate a world increasingly dominated by big data, blockchain, and AI. This shift will necessitate a reconceptualization of the accounting curriculum, revolutionary policy formulation, and the redesign of professional development programs. The emergence of professional hybrids is anticipated to lead the profession in the future. AI's development and implementation in accounting and auditing can be seen as a double-edged sword; while its ultimate impact remains uncertain, it is clear that the traditional accounting and auditing professions are poised for significant change.

A Study of The Impact of Artificial Intelligence on Commerce and Management

Dr. Mangesh N. Takpire — Tue, 01 Oct 2024 00:00:00 +0000

Artificial Intelligence (AI) has emerged as a transformative force, reshaping industries across the globe. Commerce and management, in particular, have witnessed significant disruption and innovation due to AI integration. This paper explores the profound impact of AI on commerce and management, analyzing its applications in areas such as supply chain management, customer service, decision-making processes, and financial management. By examining AI's role in driving efficiency, enhancing decision-making, and creating new business models, this study highlights both the opportunities and challenges associated with AI adoption in these domains.

A Case Study of Benefits and Limitations of Use of ATM (AUTOMATED TELLERING MACHINE) As e-CRM (Electronic- Customer Relationship Management) Technique in Bank of Maharashtra in The Area of Nandurbar District of Maharashtra [INDIA]

Dr. Kailas Chandrakant Deshmukh — Tue, 01 Oct 2024 00:00:00 +0000

Banking business is emerging in both private and public sectors, also cooperative banking is developed in Maharashtra, however customers is most important element of any business particularly in today customers are playing most important role in modern banking, to develop relationship between bank and customer it most important to use management principles or techniques when it implemented through electronic tools then it became electronic –CustomerD Relationship Management or e-CRM. The paper finds benefits and limitations of implementing e-CRM technique ATM in the area of Dhule district of Maharashtra.

Implications of Goods and Services Tax on Revenue Productivity of Northeastern States: An Empirical Analysis

Dr. Amar Ranjan Dey — Tue, 01 Oct 2024 00:00:00 +0000

The adoption of Goods and Services Tax, popularly known as GST, is believed to unlock the strong revenue potential of the northeastern states in India. Being GST destination-based taxation, most of the northeastern states are collecting much more revenues as they are predominantly consuming states. With the phasing out of the Central Sales Tax from the state of origin to the consuming state, the tax collections for these states have seen a phenomenal increase. All the Northeastern states have gained higher revenues from State Goods and Services Tax (SGST), a component of GST representing taxes collected within the state. With a growing economy in the northeastern region, GST is likely to register a revenue boost in the future and would help in resource mobilization for the development of the region. The purpose of the study is to analyze the implication of GST on the revenue productivity of northeastern states via empirical analysis on data obtained from 8 Northeastern states of India from FY 2018-19 to FY 2022-23. The findings provide major, immediate, and minor benefits of GST implementation towards northeastern states which can be utilized by various researchers and policymakers for academic and administrative purposes. The outcome of the study reveals that the phasing out of “consumption-based taxation to destination-based taxation” and “elimination of cascading effect” had majorly benefited the Northeastern states.