Supply Chain Now

Utilizing AI/ML in your supply chain in 90 days - NO EXCUSES!

Nov 22, 2023

Jerry Collins and Todd Kovi discuss the importance of understanding and effectively utilizing AI in supply chains. They emphasize stakeholder involvement and the necessity of quality data, problem identification, and a dynamic approach for successful implementation. The speakers address challenges such as dirty data, unrealistic expectations, and the human-technology paradox in adopting AI solutions.

53:41

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Episode guests

Todd Kovi

Jerry Collins

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Clear problem identification and measurable performance metrics are crucial for successful AI and ML implementation.

Realistic expectations and targeted use of AI and ML can maximize their potential benefits while mitigating risks.

Improving data quality by analyzing and addressing root causes is essential for effective AI and ML implementation.

Deep dives

Clear problem identification is crucial for successful implementation

One of the key benchmarks for successful AI and ML implementation is clear problem identification. It is important to understand what problem you are trying to solve and have measurable performance metrics in place. Quality data is also essential, as well as continually auditing the data to ensure accuracy. Additionally, it is important to remember that one size does not fit all, and solutions may need to be adjusted and improved over time.

Introduction

5min

Favorite Chicken Sandwiches and Introducing the Sponsor

2min

Expertise and Backgrounds in Supply Chain Management

4min

The Importance and Misunderstandings of AI and ML in the Supply Chain Industry

12min

The Importance of Problem Identification and Measurement

24min

Data Concerns in Supply Chain Management

8min

Dive into the vital role of modern technology, particularly AI and machine learning, in optimizing supply chains in today's episode of Supply Chain Now. Hosts Scott Luton and Greg White, along with industry leaders Jerry Collins, CEO and Founder of G&ACII Management Consulting, and Todd Kovi, Partner with Radix Consulting Alliance, discuss how embracing technology benefits customers, suppliers, and the overall ecosystem.

Listen in as the guests highlight key insights:

The importance of understanding and effectively utilizing AI while debunking misconceptions and fears surrounding its implementation.
AI's evolution and its role in decision-making, stressing the need for stakeholder involvement in its deployment.
The necessity of quality data, problem identification, and a dynamic approach in successful AI implementation.
Addressing challenges such as dirty data, unrealistic expectations, and the human-technology-paradox in adopting AI solutions.

Join us for this conversation navigating between technological insights and practical advice, urging listeners to approach AI implementation thoughtfully, backed by expertise and a clear understanding of its potential impacts on their operations. Listen in as we aim to demystify AI, encourage strategic use, and promote a holistic understanding of how technology can positively transform supply chain management.

Additional Links & Resources:

Learn more about Supply Chain Now: https://supplychainnow.com

Check out our new Supply Chain Now Media Kit: https://bit.ly/3emdLcK

Subscribe to Supply Chain Now and all other Supply Chain Now programs: https://supplychainnow.com/subscribe

Join the NOW Community: http://bit.ly/41kpUSO

Learn more about 3SC: https://3scsolution.com/

Check out Gartner's Assessment: https://bit.ly/47nmLoc

2023 Q3 U.S. Bank Freight Payment Index: https://bit.ly/3VuwnIk

This episode is hosted by Scott Luton and Greg White. For additional information, please visit our dedicated show page at: https://supplychainnow.com/utilizing-ai-ml-supply-chain-90-days-no-excuses-1199

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Supply Chain Now

Utilizing AI/ML in your supply chain in 90 days - NO EXCUSES!

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Clear problem identification is crucial for successful implementation

Recognize the limitations of AI and ML

Do not fear messy or complicated data

Begin with the end in mind and solve small problems first

Don't force AI or technology where it's not needed

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

AI-powered
podcast player

Discover
highlights

Supply Chain Now

Utilizing AI/ML in your supply chain in 90 days - NO EXCUSES!

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Clear problem identification is crucial for successful implementation

Recognize the limitations of AI and ML

Do not fear messy or complicated data

Begin with the end in mind and solve small problems first

Don't force AI or technology where it's not needed

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

AI-poweredpodcast player

Discoverhighlights

Get the Snipd
podcast app

AI-powered
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highlights

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