As the supply chain finds itself at historic levels of disruption, consumer goods companies are steeling themselves for a rough road ahead. Learn how CGs are leveraging automation and artificial intelligence in order to manage today’s disruption and emerge with a competitive edge.
Thanks to a disruption cocktail of pandemic-prompted factory shutdowns, input shortages, labor scarcities and rocky logistics, the consumer goods industry finds itself in a supply chain crisis. And, unfortunately, the light at the end of the tunnel remains hazy.
Tyson Foods is investing in such technologies as artificial intelligence and predictive analytics as part of a new productivity plan it anticipates will deliver $1 billion in cost savings by fiscal 2024.