- 19-08-2022
- Artificial Intelligence
Data is significant for SCM, and with the assistance of AI specialists can take advantage of it. AI/ML can take a major role in SCM in different stages.
AI/ML use cases in the supply chain help retailers, suppliers and distributors drive transformational changes that are so much needed today. Machine Learning delivers unprecedented value to supply chain operations: from cost savings through reduced operational overhead and risk mitigation, to enhanced supply chain forecasting, speedy deliveries, and improved customer service, to name a few. Machine learning is also providing insights into where automation can deliver the most significant scale advantages.
Some use cases of AI in SCM:
-Predicting customer’s behaviour
-Predictive capabilities are helping demand forecasting
-Avoiding charge-back risks
-Smart warehouses
-Identifying quality issues in line production at the early stages, etc.