AI in Supply Chain: Five Things to Prioritize

To cope with the seemingly never-ending supply chain crisis, business leaders are turning to artificial intelligence to make strategic business decisions. A recent survey by PwC found that 48% of business leaders use AI to drive supply chain decisions, and 54% of business leaders plan to use AI-driven simulations to enhance supply chain operations. AI allows for simulations of vast amounts of data from suppliers, customers, competitors, and external factors like weather or geopolitical events. In the process, leaders can better predict supply chain dynamics and disruptions, and have the most up-to-date integrated business plans in place to navigate the complexities of a rapidly shifting business environment. Seventy-four percent of tech leaders are using AI for decision-making.