Council Post: Embracing AI in Demand-Supply Operations

AI has the potential to revolutionize demand-supply planning, offering enhanced accuracy, real-time decision-making, and optimal resource utilization.
Introduction  The demand-supply landscape is evolving rapidly, driven by globalization, heightened customer expectations, and market volatility. Traditional approaches to supply chain management often struggle to meet the agility, accuracy, and responsiveness required in this dynamic environment. Enter artificial intelligence (AI) as a crucial solution. AI offers advanced data analysis capabilities, processing vast amounts of structured and unstructured data to generate accurate demand forecasts, optimize inventory levels, and streamline resource allocation. AI-driven optimization algorithms enhance various aspects of the supply chain, such as inventory management and transportation routes. Additionally, AI enables risk identification and mitigation by analyzing diverse data source
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