What is the impact of artificial intelligence on supply chain management? 🔊
Artificial intelligence significantly impacts supply chain management by enhancing efficiency and accuracy. AI algorithms analyze vast data sets to predict demand, optimize inventory, and streamline logistics. This leads to reduced costs and improved decision-making. Moreover, AI can automate repetitive tasks, freeing up human resources for strategic initiatives. Overall, AI technology fosters resilience and adaptability in supply chains, allowing companies to respond dynamically to market changes and customer needs.
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