From the course: Supply Chain Beyond the Basics: Leveraging Supply Chain Information Systems

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AI in supply chains

AI in supply chains

From the course: Supply Chain Beyond the Basics: Leveraging Supply Chain Information Systems

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AI in supply chains

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- [Narrator] Artificial intelligence, or AI, is rapidly transforming our supply chains. Processes that used to involve manual analysis and gut instinct can now be done faster, more accurately, and at a much larger scale with AI. From demand forecasting to route optimization, AI is changing the way that supply chains operate. At its core, AI is about teaching machines to learn from data, to recognize patterns, and to make decisions or predictions. In a supply chain context, that means using AI to analyze complex datasets, automate repetitive tasks, and support faster, smarter decision making. One of the most common applications of AI is in demand forecasting. Instead of relying just on historical sales, AI models can incorporate dozens of variables, things like weather, social trends, economic indicators, and real-time point-of-sale data to predict what customers will want, when and where. These AI forecasts are often more accurate, which helps to reduce stockouts, minimize excess…

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