AI Applications In The Global Supply Chain

The machines, robots, IIoT devices, and applications used in the global supply chain create a deluge of structured and unstructured data. This has led to the emergence of advanced artificial intelligence- (AI) and machine learning-based solutions, designed to make sense of all this information and transform it into actionable insights for industry. AI-powered supply chain technologies bring order to the chaos of all this data. The benefits of applying AI to complex operational data are clear: enhanced visibility into the supply chain, faster decision-making, reduced cycle times, predictive analysis of big data, improved quality, productivity and throughput, greater supply chain resilience, and the ability to continuously tweak and improve your processes based on real-time insights into system performance. AI also empowers companies to make intelligent predictions about items as diverse as demand for a particular product or when to replenish stocks of raw materials used in manufacturing processes.