AI can mitigate supply chain issues
The supply chain crisis has been much in the news of late. It’s not difficult to understand why. The crisis has had a profound impact across industries and throughout the global economy. It has contributed to surging prices, layoffs, productivity declines and empty store shelves.
However, there is hope on the horizon and it is coming in the form of Artificial Intelligence (AI). The technology is improving the supply chain in a myriad of ways, from optimizing inventory management to enhancing warehousing and storage processes to automating critical elements of the supply chain. If properly executed, supply chain AI has the ability to improve logistics drastically at a time when every minute counts.
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