Today s blog comes from a guest writer luke smith who speaks about the growing role of ai in supply chain management.
Ai in supply chain management research paper.
What s probably harder is imagining going back to a time before technology and trying to imagine yourself adjusting to that lifestyle.
It also substantially drives down costs.
Adding artificial intelligence to supply chains is delivering tangible benefits for companies putting it in place.
Despite its widespread acceptance as a decision aid tool ai has seen limited application in supply chain management scm.
To fully exploit the potential benefits of ai for scm this paper.
This paper seeks to identify the contributions of artificial intelligence ai to supply chain management scm through a systematic review of the existing literature.
Artificial intelligence ai has the potential to radically transform supply chain management.
A recent study by mckinsey found that 61 of executives reported decreased cost as a direct result of introducing ai into their supply chains with 53 reporting increased revenues.