Artificial intelligence can predict future demand, improve automation and increase transportation efficiency, giving supply chain managers deeper insight and control over every aspect of the chain. But it's not a magic fix.
Delivery of large, heavy or bulky items is one of the major trends that the pandemic has brought to last-mile delivery, says Shailu Satish, co-founder of DispatchTrack.
Artificial intelligence is expected to significantly impact supply chains by 2023. AI’s value lies in more than the automation of tasks. It opens opportunities for organizations to focus on strategic problem solving, relationship building and predictive insights. AI brings the latest, best, and most relevant information to employees through intelligent capabilities. Although AI is “smart” automation, its success still depends upon people — the organizations and employees who deploy it.
As the pandemic sent shockwaves through the global economy, the impact was felt across industries. Among the hardest hit sectors, the automotive industry experienced profound disruption, signaling the need for supply chain modernization.
The latest news, analysis, trends and solutions for artificial intelligence (AI) and its impact on supply chain management. New AI technologies are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving operations through their strategic use of AI and machine learning technologies for supply chain management.
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