Everyday AI Podcast – An AI and ChatGPT Podcast

Ep 341: Transforming Global Supply Chains with AI

6 snips
Aug 21, 2024
Evan Smith, CEO and co-founder of Altana, leads a groundbreaking company that harnesses AI for global supply chains. In this discussion, he highlights how AI revolutionizes data analysis and enhances collaboration amid supply chain fragility. They dive into the lasting impacts of COVID-19 and the necessity for resilience. Smith underscores the strategic importance of rethinking supply chains and emphasizes how AI is integral for future efficiency, tackling challenges like carbon footprints while promoting supplier diversity.
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INSIGHT

Supply Chain's Impact

  • The supply chain is the fabric of the world's physical economy, impacting daily life constantly.
  • It influences everything from product availability to national security and carbon footprints.
INSIGHT

AI's Transformative Role

  • AI, especially LLMs, transforms supply chain data analysis by structuring messy, multilingual data.
  • This creates a comprehensive view of the global supply chain network, previously impossible due to data complexity.
ADVICE

Practical AI Application

  • Stop processing PDFs manually; use LLMs to extract structured data, accelerating workflows.
  • Larger AI integrations require organizational buy-in for data access and process changes.
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