Artificial intelligence (AI) is directly related to Data Science – the science about data that aims to extract value from a big mass of information. This value may reside in, for example, enhanced forecasting capabilities, discovering patterns, better decision-making. Basically, AI concerns with information processing algorithms and methodologies. Artificial intelligence operates on huge amounts of data, analyzes it, and uses gathered insight to develop solutions.Read More
We know that efficient supply chains can be a crucial part of differentiating an organization from its competitors. But how can a company truly leverage the advances in artificial intelligence and neural networks we’ve seen in just the last decade?
Particularly for Fast Moving Consumer Goods (FMCG), supply chain trends are emerging that must not be overlooked if a company wishes to become or remain a market leader. Supply chain agility, optimization, sustainability, and ethical considerations challenge established players and give disruptive newcomers opportunities to capture significant market share. This article covers the emerging role of AI in supply chain management. We discuss how it could help companies to more effectively analyze and improve the efficiency of their operations. There is an evolving role advanced technologies play in the FMCG industry. They have potential to dramatically impact supply chain optimization and supply chain productivity.Read More