Artificial Intelligence (AI) in Supply Chain & Logistics
by rw-admin 03/02/2021
AI ‘takes over the heavy lifting traditionally done by humans. It delivers deep analysis down to the SKU level, not practical with a manual approach.’ Adding artificial intelligence to supply chains is delivering tangible benefits for companies putting it in place. Recent research out of McKinsey finds 61% of executives report decreased costs and 53% report increased revenues as a direct result of introducing artificial intelligence into their supply chains. More than one-third report a revenue bounce exceeding five percent. Areas generating revenue in supply chain management….