31.2 C
Sunday, January 16, 2022
HomeSupply ChainAI Technologies Enhancing Supply Chain Management

AI Technologies Enhancing Supply Chain Management

Artificial intelligence (AI), which supports the delivery of timely and accurate information, tops the list of promising technology areas for the supply chain. Technology innovation allows organization to streamline the supply chain, increase agility and visibility, control inventory more efficiently, and reduce inventory costs.

Organizations need to be concerned with how to get helpful information into the supply chain. Technology enhancement has grown beyond just supply chain management software. The reality of resource limitations, though, mean that, to win, electronics OEMs need to invest in the most helpful technologies, picking and choosing the ones that offer the best business advantage. That’s a challenging task in a marketplace that is increasingly rife with choices. In the end, all of these increase customer satisfaction and boost brand loyalty.

Supply chain area
Picture extracted from Rahul Chatterjee (2016)

Enhancing Productivity and Profits

The Understanding these two categories of AI capacities is important for future implementation of AI into business work tools. Imagine if a business could automate such tasks that are (more or less) ‘wasting time’.

The full content is only visible to SIPMM members

Already a member? Please Login to continue reading.

Abdul Kareem Mohamed Yasin, GDSCM
Abdul Kareem Mohamed Yasin has substantial experience in the areas of international trade, and in recent years specifically in the field of supply chain management & customs compliance. He holds a Bachelor degree in Biochemistry and is a qualified member of the Singapore Institute of Purchasing and Materials Management (SIPMM). He completed the Graduate Diploma in Supply Chain Management (GDSCM) course on July 2018 at SIPMM Institute.

Most Read