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The Covid-19 pandemic sent shockwaves through the worldwide supply chain, exposing vulnerabilities and inefficiencies that were previously hidden. From inventory mismanagement to port backlogs, the pandemic magnified a myriad of issues that challenged even essentially the most robust supply chains. As businesses seek for progressive solutions to handle these problems, Artificial Intelligence (AI) stands out as a robust ally. We explore how AI-driven predictive analytics can support and enhance experienced human decision-making within the face of evolving global supply chain dynamics.
The facility of AI in tackling supply chain challenges
The pandemic dropped at light several key challenges that companies must address to make sure smooth operations of their supply chains. By leveraging AI, organizations can gain insights into crucial facets akin to inventory management, container allocation, demand fluctuations, freight pricing and port operations. Let’s examine how AI might help tackle a few of these challenges.