How AI & Data Analytics Can Solve Supply Chain Pitfalls

The supply chain is an ecosystem that affects businesses around the world, and the COVID-19 pandemic has thrown a monkey wrench into this previously undisturbed process. With region-specific restrictions, limited supply of certain goods, and a constantly changing consumer mindset, almost all businesses are playing catch up in addressing the needs of every consumer. Add to that the oil price war and the result is near chaos for both consumers and businesses. It may be a gamble to implement new supply chain systems in these circumstances, but it's a bet that could pay dividends not just now but in the long term. Artificial intelligence (AI) and data analytics tools can provide the much-needed push companies need to keep their businesses afloat--and maybe even thrive--despite the global crisis.