Supply Chain Tools: Artificial Intelligence (AI) and Machine Learning (ML)

Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing supply chain management by enabling predictive analytics, demand forecasting, and process automation. AI and ML algorithms analyze large datasets to identify patterns and make accurate predictions, helping businesses anticipate demand changes and optimize inventory levels. These technologies also automate routine tasks, reduce operational costs, and enhance decision-making. By leveraging AI and ML, businesses can improve efficiency, reduce risks, and stay competitive. In a rapidly changing market, AI and ML are indispensable for modern supply chain management.