Project Name and Brief Description:

Applications of Artificial Intelligence (AI) Machine Learning (ML) in the Supply Chain.

Why we choose this topic?

AI and ML arerelatevilynew technologies, specially in SCM, and what you can achieve with them is incredible, scpecially because they are both complements of each other.

From the tests that have been done in other fields, computer scientists have found that after a cartain point, the system sometimes comes up with solutions that were not even in the initial inputs or that they could not predict. How AI and ML can improve on its own has left many experts impressed.

We find interesting the idea of analysing how SCM could eventullygrow and change when AI and ML are implemented at the same time as this technology keeps getting improved.

Applications of Technology

1. Inventory management:predict stock levels, demand growth.
2. Warehouse management and transportation: reduce staff, speed-up deliveries.
3. Customer service: reply to inqueries, share delivery

As well as reducing operational costs in the entire supply chain.

Answer rating: 100% (QA)

Applications of Artificial Intelligence AI Machine Learning ML in the Supply Chain Artificial Intelligence AI can be defined as the ability of a robot or machine to conduct human activities because th... View the full answer