The field of artificial intelligence and machine learning comes with intimidating terminology and lots of new data — big data, structured and unstructured, from the web, social media, news, internet of things (IoT), events and weather. Supply-chain professionals need to understand all of this data, and become expert at deploying new services, tools and processes to manage it.
Artificial intelligence and machine learning tools have been shown to be an essential component of the technology portfolio that helps to make sense of all this, and create more responsive and resilient supply chains.
There’s a supply-chain renaissance underway for enterprises, whether retailer or product-centric suppliers, who rely on a network of partners and new type of technology.
Artificial intelligence and machine learning capabilities can already provide tremendous value in augmenting supply-chain applications. And we’re just getting started.