Understanding AI’s Potential in the Supply Chain
In this blog we look at the potential of AI in the supply chain. Despite concerns about job displacement, the application of AI in this industry increases efficiency and minimises errors. Machine learning (ML), a subset of AI, quickly analyses vast data sets, identifies patterns and provides rapid insights. The value of AI is in predicting production needs, optimising supplier performance and reducing freight costs, among other things. It also helps automate warehousing and inspection. The impact of AI is far-reaching, revolutionising supply chain operations and insights through transformative tools that complement human decision-making.
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