How can AI improve supply chain predictions?
AI can analyze vast amounts of data to identify patterns and trends, leading to more accurate forecasts.
What types of data does AI use for these predictions?
AI utilizes historical sales data, market trends, weather patterns, and even social media sentiment.
Can AI help in managing supply chain disruptions?
Yes, AI can predict potential disruptions and suggest alternative strategies to mitigate risks.
What are some real-world examples of AI in supply chain management?
Companies like Amazon and Walmart use AI for inventory management and demand forecasting to optimize their supply chains.
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