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Supply Chain Management
Pivoting Retail Supply Chain with Deep Generative Techniques: Taxonomy, Survey and Insights
Wang, Yuan, Sambasivan, Lokesh Kumar, Fu, Mingang, Mehrotra, Prakhar
Generative AI applications, such as ChatGPT or DALL-E, have shown the world their impressive capabilities in generating human-like text or image. Diving deeper, the science stakeholder for those AI applications are Deep Generative Models, a.k.a DGMs, which are designed to learn the underlying distribution of the data and generate new data points that are statistically similar to the original dataset. One critical question is raised: how can we leverage DGMs into morden retail supply chain realm? To address this question, this paper expects to provide a comprehensive review of DGMs and discuss their existing and potential usecases in retail supply chain, by (1) providing a taxonomy and overview of state-of-the-art DGMs and their variants, (2) reviewing existing DGM applications in retail supply chain from a end-to-end view of point, and (3) discussing insights and potential directions on how DGMs can be further utilized on solving retail supply chain problems.
Artificial Intelligence Will be Big in Supply Chain Management, Report Predicts
Artificial intelligence will be worth about $17.5 billion in the global supply chain management (SCM) software market by 2028, according to a new market report, "Global Artificial Intelligence in Supply Chain Management Market by Technology, Processes, Solutions, Management Function (Automation, Planning & Logistics, Inventory, Risk), Deployment Model, Business Type, and Industry Verticals 2023-2028." The authors said that market analysis shows AI-enabled supply chains are 67% more effective than their non-AI counterparts, thanks to reduced risks and lower overall costs. The study, released by ResearchAndMarkets.com April 10, noted that the Asia-Pacific (APAC) region is expected to be the largest and fastest-growing supplier of artificial intelligence for the global SCM market. The report also examined several forms of AI, including cloud-based AI-as-a-service solutions, which it predicted will be worth more than $3.7 billion by 2028, reaching more than 21% of the total market in the next five years.
Business Data Scientist - Remote at Kinaxis - Mexico
At Kinaxis, who we are is grounded in our common belief that people matter. Each one of us plays an important part in accomplishing our work, building our culture and making a global impact. Every day, we're empowered to work together to help our customers make fast, confident planning decisions. This is how we create a better planet – for each other, for our customers and for generations to come. Our cloud-based platform RapidResponse ensures that the products we need – everything from medicine and cars, to day-to-day items like toothpaste – make it to market and into our hands when we need them with minimal ecological footprint.
Technology Consultant - Cloud Data Fusion at Kinaxis - Chennai, India
At Kinaxis, who we are is grounded in our common belief that people matter. Each one of us plays an important part in accomplishing our work, building our culture and making a global impact. Every day, we're empowered to work together to help our customers make fast, confident planning decisions. This is how we create a better planet – for each other, for our customers and for generations to come. Our cloud-based platform RapidResponse ensures that the products we need – everything from medicine and cars, to day-to-day items like toothpaste – make it to market and into our hands when we need them with minimal ecological footprint.
Solving 3 emerging challenges for retail and consumer goods supply chains - SAS Voices
Retail supply chains are under immense pressure to keep up with these rapid changes. Innovators have been quick to take advantage of the new virtual distributed environment. Also, e-commerce is growing at an unprecedented rate and customers expect faster delivery times and more personalized service. And retailers are facing pressure to keep costs down and increase profitability. Despite these challenges, organizations can take action and make a difference.
Quantum Computing Methods for Supply Chain Management
Jiang, Hansheng, Shen, Zuo-Jun Max, Liu, Junyu
Quantum computing is expected to have transformative influences on many domains, but its practical deployments on industry problems are underexplored. We focus on applying quantum computing to operations management problems in industry, and in particular, supply chain management. Many problems in supply chain management involve large state and action spaces and pose computational challenges on classic computers. We develop a quantized policy iteration algorithm to solve an inventory control problem and demonstrative its effectiveness. We also discuss in-depth the hardware requirements and potential challenges on implementing this quantum algorithm in the near term. Our simulations and experiments are powered by \texttt{IBM Qiskit} and the \texttt{qBraid} system.
Your supply chain is probably a mess, Microsoft says it has the answer
Microsoft has announced the Microsoft Supply Chain Platform, a combination of its artificial intelligence, collaboration, low-code, security and Software as a Service (SaaS) applications. The set of Microsoft applications and platforms include Dynamics 365, Microsoft Teams, Power BI, Power Automate, Power Apps, Azure Machine Learning, Azure Synapse Analytics, Azure IoT, the Microsoft Intelligent Data Platform, Azure Active Directory, Defender for IoT, and Microsoft Security Services for Enterprise. Microsoft wants customers to build a connected supply chain with the aid of its low-code development platform PowerApps. To reduce risk, it supports demand management, supply chain intelligence, supply and demand insights, performance tracking, supplier management and real-time collaboration. Also: Microsoft Teams: Here's what Microsoft added in the last month It also covers fulfilment optimisation, pricing management, warehouse management, inventory optimisation, order track and trace, and more.
How AI Is Used in Supply Chain Management
AI is transforming supply chain management with greater efficiency, visibility, and optimization. There are a number of ways that supply chain organizations can implement AI to experience these benefits, from smart simulations to automated quality control. Adopting AI will be key to evolving the supply chain and adapting to today’s supply chain challenges. 1. Optimization […]
supply-chain-how-ai-can-help-overcome-the-great-supply-chain-disruption
The chaos at ports continues with no end. A troubling realization is sinking into the mind: The effects of the " Great Supply Chain Distortion" are already being felt throughout the country. For example, 30% of baby formula brands may be out of stock soon. This could cause retailers to limit the number of containers they can sell and leave parents concerned that their children won't get enough food. This issue covers all industries and has an impact on automotive, healthcare IT, hospitality, manufacturing, apparel, as well as other areas.
Role of Artificial Intelligence Engineers in SCM in 2022
AI engineers are going to continue to be an essential part of SCM functions after the pandemic. Supply chain operations are still impacted by the pandemic today and are in a constant state of ongoing digital transformation. AI engineers have a lot of responsibility and opportunity to help organizations overcome supply chain challenges and modernize functionality, operations, and processes. Be sure to visit Simplilearn for more information about the role of AI engineers in SCM during and after COVID-19. Also, make sure to check out their Artificial Intelligence Engineer Master's program to see how you can gain the skills you need to succeed!