How can AI unlock human potential in the supply chain?

AI leads a new revolution through a number of industries and the supply chain is no exception. Artificial intelligence was the most transformative technology in the contract, and it is not a secret that it helped provide chains to become more efficient, flexible and fast, while allowing institutions to become more efficient and ensure the workforce to focus on more strategic growth.

However, despite the benefits of technology, many companies are slow to adopt technology, as only one in ten out of ten SME for artificial intelligence technology regularly shows that companies and employees are still not working in full potential, thus losing growth and improvement opportunities.

Transfer the supply chain through artificial intelligence

It is not possible to deny the possibility of artificial intelligence in the supply chain, as some of the artificial intelligence helps companies reduce logistics costs by 15 %, reduce stock levels by 35 % and raise service levels by 65 %. On the other hand, failure to implement artificial intelligence tools can lead to the return of companies, leaving employees feel that they are not enthusiastic and unprofessional and lead to twice the supply chain and poor retaining employees.

Now, more than ever, it is time for companies not only pushes lipstick to artificial intelligence – you should start using them within their supply chains to really enhance operations. Due to the advanced market dynamics, artificial intelligence is not just a competitive advantage; It is essential to relieve business and profitability. Here are two ways that the AI ​​organizations can use to improve their supply chains.

The automation of the supply chain and the harness of the strength of artificial intelligence for flexibility

AI allows companies to address the chain chain challenges face to face by automating manual processes that take a long time, such as decreased data while reducing errors. By assuming frequent and dangerous tasks, artificial intelligence liberates employees to focus on strategic initiatives that pay the value of work. For example, a recent report highlighted that nearly three quarters of the warehouse employees included in the survey are excited about the capabilities of AI and Robotics that improve their job roles.

It goes without saying that the supply chain still cannot work at its peak without flexibility – the ability of the supply chain to withstand and recover from disorders – to ensure uninterrupted operations and the minimum impact on companies and customers.

With the continued development of global markets and expansion, companies are quickly challenged to adapt to unexpected turmoil. Artificial intelligence enables companies to provide data analysis in actual time, and provide unprecedented visions in the supply chain dynamics network as eyes and ears for the supply chain. This enables each component of the ability to quickly make enlightened decisions to meet the supply chain requirements. In actual time, data allows an insightful look at each aspect of their warehouse operations, which allow accurate monitoring, enhance customer service and reduce stopping time – determining possible problems before becoming a big problem.

At the heart of the supply chain, there is a connection between all stakeholders, with a technology like AI that provides data in actual time, and smooth cooperation is enabled by providing a common platform where suppliers, manufacturers and distributors can immediately exchange information. Improved communication leads to a faster solution to the issue, allowing the supply chain to adapt quickly to the changing conditions. Robots, AI and actual time data offer a comprehensive view of a good trip, which leads to flexibility.

Human experience accurately robot

Based on the subject of flexibility, the industry will witness in the next two years that the integrated robots that are integrated with them are cooperative partners with their fellow human work. Especially in environments that require wide coverage and capture data, robots equipped with leading sensors will be transmitted and adaptive and work with greater levels of self -rule along with other machines and people in crowded environments. This will speed up data acquisition and most importantly, allow companies to make decisions based on implemented visions much faster than ever.

These developments will turn robots into real Cobots and will take human collective action to an unprecedented level. We’ll also see that robots will become better with understanding of micro -human gestures and intentions. This development, in cooperation with technology, will redefine what humans and machines can accomplish together.

What is the following of the industry?

In theory, artificial intelligence and advanced technology in the supply chain have the ability to achieve great benefits. However, we will only start seeing great results once these innovations are widely adopted in practice. By automating the supply chain and using data for fuel expectations, these technologies are the foundations for a new industrial revolution that will form the future of industries for years to come. Those who delay the start of their flights will risk leaving.

Photography Miltiadis Fragkidis on non -Zubash

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