How organizations can use artificial intelligence to optimize their entire supply chain – from factory to consumer.
With changing consumer behaviors, uncertain economic conditions, and increasing lead time volatility – managing supply chains is more difficult than ever.
But difficulty presents opportunity. Organizations that turn supply chain management into a competitive advantage are poised to not merely weather the storm – but to win market share from less stable competitors.
AI can help forward-thinking organizations do just that. Modern, purpose-built supply chain AI can help you:
Plan confidently with more accurate demand forecasting
Automatically optimize orders, containers, and transit to ensure in-demand inventory reaches customers in the quickest, most cost-effective way
Instantly adjust to black swan events by recalculating demand, dynamically adjusting orders, and rerouting shipments to highest-demand locations
AI-based forecasting will yield higher forecast accuracy, reducing risks while minimizing waste.
AI generated insights can be used to more accurately plan your sales and operations.
Maintain optimal inventories in your warehouses by accounting for every factor and constraint in your supply chain.
Select optimal containers while accounting for factory schedules and SKU limits. Build custom containers and optimize product flow.
Ensure the smartest, most cost-effective fulfillment option available for every customer order.
Optimize your reverse supply chain for returns, used product disposals, and recycling.
Some believe that sustainable supply chains that lead to a greener planet can only exist at the cost of business – as if they were mutually exclusive. And this may have been true at one point.
But machine learning and predictive analytics have changed the game for supply chain management.
The truth is, the most glaring sustainability issues are also profit leeches:
Supply chain AI can help organizations solve both problems at the same time – reducing an organization’s carbon footprint while improving its profits. Predictive analytics and ML can help retailers:
AI can help supply chain managers have their cake and eat it too.