AI 'takes over the heavy lifting traditionally done by humans. It delivers deep analysis down to the SKU level, not practical with a manual approach.'
"Adding artificial intelligence to supply chains is delivering tangible benefits for companies putting it in place. Recent research out of McKinsey finds 61% of executives report decreased costs and 53% report increased revenues as a direct result of introducing artificial intelligence into their supply chains,"
writes Joe McKendrick
"More than one-third report a revenue bounce exceeding five percent. Areas generating revenue in supply chain management include sales and demand, forecasting, spend analytics, and logistics network optimization..."
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