Artificial Intelligence or AI is a technology that has allowed several machines and systems to inculcate some form of human intelligence as well as their behavior. AI has always been driven by systems that deploy the use of some sort of “intelligent agents” along with some complex algorithms for processing information, performing specific tasks as well as adapting to the dynamically changing inputs and environments.
Typical usage of AI involves human reasoning as
a model to make certain decisions backed by a vision of providing improved
insights, products, services and efficiencies. Talking about the supply chain,
AI acts as a catalyst and has several applications such as- information
extraction, analysis of data, planning of supply and demand, autonomous
vehicles, along with warehouse management.Applications of AI Within Supply Chain ManagementUsing Chatbots for Procuring OperationsStreamlining of procurement-related tasks with the help of an automated and augmented chatbot needs access to robust and smart data sets. Talking about the daily functions present in the supply chain, a chatbot can be used for the following set of tasks- i. Conversing ...
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