The rise of Artificial Intelligence has fundamentally altered many sectors of the supply chain industry. Whether it is customer support, inventory management or handling of logistics, the contribution of new age, AI-based solutions is undeniable. As per executives and experts within the field, the prediction is clear – AI is here to stay and further transform these fields over the upcoming years. Computers can handle huge sets of data at a time, which would otherwise be impossible to humanely take into a single decision-making process. This is why Artificial Intelligence is a boon to Supply Chain Management. Using numerous data sets and applying intelligent algorithms, a machine can analyse endless possibilities that lead to effective strategizing. AI minimizes the risks of human error. In short, with the help of AI, operational efficiency can be maximized and costs can be minimized. A #research study by @Accenture shows that AI has the potential to boost profitability rates by an average of 38% by 2035 & lead to an economic boost of US$14 trillion across 16 industries by 2035. #Training & updating AI models over time with the right expertise can pave the path to determining superiority in the domain of supply chain #management. Some leading companies that use AI in Logistics: @Rolls-Royce @UPS @Lineage Logistics Link to the complete article in the comments below ⬇️ #AI #supplychain