The AI Assisted Supply Chain
Artificial intelligence tools, particularly LLMs and ML systems, are poised to overhaul supply chain management in the coming years. Implementing AI-assisted tools should be evaluated like any other capital investment.
- Will your investment in new technology actually improve your metrics?
- Can you reduce inventory levels?
- Eliminate unnecessary material movements?
- How quickly can your organization change processes?
The new wave of AI technologies stands out from other technological advancements in this space. These tools can communicate with humans using natural language - improving the human-computer interface between operators and optimization software.
The bottom line: There are significant efficiency gains and cost reductions enabled by incorporating AI assistance into existing workflows.
- Improve your ability to identify the best plan of action using mathematical optimization, simulation, and forecasting.
- Communicate these plans with your human teams quickly and transparently using AI models.
Cut through the hype. Any use case of AI needs a concrete path to recovering the expense of new technology. Anybody trying to sweep this point under the rug is selling snake-oil.
At RedSynth we apply AI based tools so that our clients recover the cost of our technology - often within one year! In this paper we divulge the leading ways your peers are recovering the cost of deployment.