Tag Archives: inventory management

Feature Utilizing AI to optimize inventory management, demand forecasting and route planning BY SHERYL S. JACKSON ISTOCK.COM/CHAYADA JEERATHEEPATANONT While most are generally aware of the potential benefits of AI for their organizations, the value of specific applications of AI for supply chains is less clear. Recent research by Accenture found that companies using generative AI, advanced machine learning and other ...

Digital technologies mitigate risk, allowing organizations to focus on better inventory management, planning for disruptions, future growth and other operational concerns. By Sara Pearson Specter The coronavirus lockdowns revealed shortcomings in many supply chains: cutting off supplies of raw materials and components; impacting labor with social distancing guidelines; increasing online consumer buying habits. As a result, many organizations’ supply chains ...