What are some real-world examples of AI in supply chain management?
AI is transforming supply chains in various ways. For instance, companies like Amazon use AI for demand forecasting and inventory management.
Can you give me more specific examples?
Sure! Walmart uses AI to optimize its logistics and reduce delivery times, while DHL employs AI for route optimization.
How does AI improve demand forecasting?
AI analyzes historical sales data, market trends, and external factors to predict future demand more accurately.
Are there any challenges in implementing AI in supply chains?
Yes, challenges include data quality issues, integration with existing systems, and the need for skilled personnel.
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