Studies suggest that AI and Machine Learning (ML) can deliver unprecedented value to supply chain .Some of the high impact areas in supply chain management include planning and scheduling, forecasting, spend analytics, logistics network optimization and more.
In supply chain management
It can perform
•Strenghthen planning and scheduling activities
•INVENTORY AND DEMAND MANAGEMENT
•ACTIONABLE ANALYTICAL INSIGHTS
•UNLOCKING FLEET MANAGEMENT EFFICIENCIES
•BOOSTING OPERATIONAL EFFICIENCIES
•END-TO-END VISIBILITY
And finally benefits of AI in supply chain
• ACCURATE INVENTORY MANAGEMENT
- WAREHOUSE EFFICIENCY
- REDUCED OPERATIONS COSTS
• ENHANCED SAFETY
• On time delivery
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