In Unpacked, CGT's new series of Tech Explainers, we break down AI in the supply chain, including its benefits and drawbacks, and where today's leading experts see the future potential.
Artificial intelligence can impact every link in the supply chain thanks to its ability to optimize data collection to increase visibility into operations, quicken decision making to proactively identify risks, and provide recommendations to head off challenges and seize new opportunities.
For companies that are able to invest and position their business to unlock the potential of AI in the supply chain, the technology can provide a distinct competitive advantage.
It’s not enough to simply invest in new technology and expect automation to take the reins. The successful future of AI in the supply chain depends upon forward-thinking, well-trained and well-supported IT teams.
Shifting consumer demands, geopolitical uncertainty, labor constraints, and residual pandemic-era behaviors can all have a negative impact on supply chain management. As a result, more companies are leveraging AI in the supply chain to improve their supply chain resilience.
While maturity levels vary for artificial intelligence in logistics and the supply chain, it has the potential to facilitate more accurate and efficient decision-making.
