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Supply Ch(AI)n Strategy Session - AI Bootcamp FROM FASTCO WORKS AND SAP
Mar 11, 2024
Exploring the impact of AI on supply chain management, modernizing procurement processes, enhancing supply chain resilience through predictive analytics, real-life examples of AI transforming supply chain processes, AI technologies shaping retail and supply chain sectors, developing successful AI strategies in the supply chain sector with a focus on data governance and technology usability
18:58
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Quick takeaways
- AI enhances procurement with predictive analytics for proactive issue identification.
- Generative AI offers personalized products and automates communication in supply chain challenges.
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AI Modernizing Procurement and Mitigating Supply Chain Risks
AI plays a crucial role in modernizing procurement by leveraging algorithms to track global events and news, alerting supply chain planners of potential issues. Generative AI further enhances this by suggesting mitigations for disruptions, such as identifying delivery routes affected by incidents like the Suez Canal blockage. Additionally, AI assists in automating communication with stakeholders during supply chain challenges, providing a proactive approach to resilience.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode