Logistics executives across every industry have realized AI’s power and now exploring how to include it in their company’s operations. Why? Simply put, AI helps supply chain processes avoid unforeseen events and inaccurate forecasting.
We’ve investigated the research on this topic, and it reveals that 83% of supply chain executives believe a lack of end-to-end visibility is a growth barrier.
The solutions are a comprehensive AI module that pulls real-time data and empowers decision-makers with deeper performance insights. This is how companies can increase their process visibility. It also allows managers to plan operations in the event of unforeseen circumstances, whether internal (like machine breakdowns) or external (like supplier delays), minimizing adverse effects on the supply chain. Thus, AI for the supply chain protects not only your operations but also your brand and reputation.
The factsheets say that implementing AI enhances your operational efficiency by at least 10%. It also reduces workload and saves time.
The real-time data analytics module (that we at Empeek do as a part of custom logistics software development) increases visibility and helps to reduce unnecessary costs.
But AI isn’t a stand-alone magic pill: only when it’s integrated within the overall processes, AI can improve efficiencies by proposing strategies. That’s why companies that choose to implement AI must carefully evaluate the internal and external technologies they use.
To make more value from implementing AI, your infrastructure must also integrate with CRM and ERP solutions. Here at Empeek, we provide custom CRM and ERP development that can efficiently serve both AI and non-AI systems. The process is as simple as that: once your AI supply chain analyzes the data generated by their CRM and ERP platforms and shows you the best practice strategies.
In the supply chain realm, machine learning is the most prominent method of data analysis. Long story short, ML it’s when a computer takes the output, inspects the correctness, and updates it’s own model to generate better output.
Here are the key points on how your supply chain might benefit from the AI implementation:
- It offers contextual intelligence – AI focuses directly on your operational processes.
- Analysis + Conclusion singularity – AI offers insights to boost productivity.
- Demand forecast made easy – AI never tired of processing a vast amount of data.
- Trust as a value – AI can help with improving the selection of the supplier and its effectiveness.
- Crucial for service businesses – AI improves the customer experience in the long term.
Empeek team helps logistics startups and enterprises optimize their supply chains with custom logistics software solutions. We gather top-notch talents to build full-cycle systems for transportation management, 3-rd party logistics, warehouse management, and more. Get in touch with our experts to find out more.