Supply Chain Management Software Suppliers Using AI to Optimize - AI Trends

Global supply chains are the order of the day in the auto industry, pharmaceuticals and consumer electronics to name a few. A single product could have hundreds of thousands of suppliers. Delays can result in shortages, overstocking and poor customer experiences. To procure raw materials, manage trading partners, plan sequences and execute tasks while processing huge volumes of data, is a large task, fit for data analytics using AI. AI has been used since the early 2000s to forecast demand using historical shipping daa, according to an account in DisCo (short for Disruptive Competition Project).