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UKHotViews
Monday 17 June 2024

*NEW RESEARCH* AI in Supply Chain - Making Supply Chains Intelligent

Global Supply Chains have been under incredible strain since the pandemic, subsequently made worse by raw material and skills shortages, conflicts in the Ukraine and the Middle East, an energy crisis, and inflation. Supply Chains that were traditionally optimised for cost and quality of service have had to become more resilient, sustainable and intelligent.

AI in supply chainTechMarketView has taken a close interest in the role that Software and IT Services (SITS) providers might play in offering solutions to the risks and threats faced by the Supply Chain Management (SCM) industry and its customers. This culminated in the publication of two major reports towards the back end of 2022 – one looking to identify and profile opportunities for SITS providers operating within the supply chain resilience space (Supply Chain Resilience: Opportunities for SITS providers), and the other, focusing on the specific threats and opportunities presented by Cyber Security (Supply Chain Resilience: The Cyber Threat).

The rise of ‘industry 4.0’ has meant that technologies such as automation, AI, robotics and logistics management systems are becoming much more prevalent, and as a result supply chains have become intertwined in the global tech race.

The impact of AI was addressed in both reports but subsequent to publication we have seen a rapidly increasing amount of interest, hype and investment in AI-led supply chain solutions. As a follow up to the Supply Chain Resilience reports we now look at how AI-led solutions (both traditional AI/Machine Learning and Generative AI) can address some of the greatest challenges and opportunities currently faced by global supply chains. Looking forward, we also identify those areas and use cases of greatest opportunity for AI vendors and SITS suppliers looking to serve the supply chain market.

If you are a subscriber to TechSectorViews you can download the report here AI in Supply Chain. If you don’t have a subscription and would like to gain access the report and our other research and services please contact Deb Seth.

Posted by: Marc Hardwick at 09:13

Tags: newresearch   AI   supply chain  

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