Evaluating the Efficiencies of AI in the Supply Chain Processes

This report evaluates the changing role of Artificial Intelligence (AI) in supply chain management and the efficiencies generated. It highlights AI's potential in solving complex problems and streamlining processes. The report discusses AI's impact on inventory planning, transportation network design, purchasing, demand forecasting, and order-picking problems. It emphasizes the use of AI in enhancing decision-making, automating processes, and improving forecasting accuracy. The report also mentions the application of machine learning techniques and e-synchronization among various supply chain activities. It concludes that AI techniques, including agent-based systems and expert systems, can address modern, complex supply chain challenges, leading to ease of doing global businesses. The report references several studies to support its arguments.