Supply chain management is the management of the flow of goods and services, with an aim to not only reduce costs, but also to streamline businesses’ supply-side activities, maximize value and boost operational efficiencies. But the ground reality of modern supply chains is far more complex than the definition. Today’s supply chains demand best-in-class AI tools for not only an end-to-end, real-time view, but also for accurate, real-time forecasts.
An AI-powered, digital supply chain management platform provides enterprises unprecedented levels of supply chain visibility, intelligence, agility and resilience — systematically ensuring competitive advantage in today’s fast-paced environment. The complex algorithms in top-of-the-line supply chain management software can predict future outcomes based on contextual information and recommend business actions, creating real business value for an enterprise.