Artificial intelligence (AI) is revolutionizing supply chain management with increased efficiency, visibility, and automation. AI algorithms process big data to make better demand predictions, manage inventories, and optimize logistics. This leads to fewer errors and expenses, with businesses being able to respond rapidly to market variations. Real-time data analytics help achieve end-to-end visibility that facilitates proactive decisions and robustness against disruptions. AI-powered autonomous operations are increasing, automating activities such as procurement and routing of transportation. Retailers such as Target and Unilever are utilizing AI for better inventory management and forecasting. With the growing pace of AI adoption, it will redefine supply chain operations to make them more agile and responsive to global needs.
Source: Supply Chain Dive, DELMIA, Jusda Global