Unlocking Artificial Intelligence’s (AI) Potential for Logistics and Supply Chains
Quickness in making choices. Quickness in cutting cycle times. Operational speed. and the rate of ongoing development. Artificial intelligence applications in supply chains are here to stay and will become increasingly popular in the years to come.
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Supply chain companies anticipate that during the next five years, the amount of machine automation in their supply chain operations will quadruple, according to Gartner.
Concurrently, it is anticipated that worldwide expenditure on IIoT platforms would increase from $1.67 billion in 2018 to $12.44 billion in 2024, achieving a 40% compound annual growth rate (CAGR) in just seven years.
Reducing uncertainty to maximize productivity is the top objective across all businesses in today's linked digi...