How AI can power post-coronavirus supply chains

According to 2020 report from MHI and Deloitte, 12%of supply chain professionals said that their businesses are currently using artificial intelligence (AI) in their operations, with 60% expecting to be doing so in the next five years. These figures are likely to inflate following coronavirus, as supply chains come to rely more heavily on AI for damage control and digital transformation. So, what does this mean for AI in the supply chain? When it comes to the supply chain, digital transformation brings value by creating a more dynamic response between the procurement departments of suppliers and manufacturers. In this pandemic age, it is certainly time to look at digital transformation and Industry 4.0 to ensure you remain a competitive, efficient, and productive business. Ultimately, the dream scenario would be a real-time connected supply chain that can aid you in understanding your production status.