Page 8 - Logistics News July 2019

Thought Leadership
8 keys to achieving success

with AI in supply chain

Courtesy One Network Enterprises

How supply chain managers can ensure optimal success when implementing
AI in supply chain.

ARTIFICIAL INTELLIGENCE (AI) can off er a solution to off er optimal value in supply chain, it
huge benefi t to supply chain managers, but only is important to ensure the following:
if it is based on solid fundamentals that take
into account the diverse and dynamic nature of 1. Access to real-time data
today’s modern supply chains. More importantly, To improve on traditional enterprise systems with
the effi cacy of AI is heavily dependent on the older batch planning systems, new AI systems
availability of the timely and accurate data that is must eliminate the stale data problem. Most
needed to make smart decisions. supply chains today attempt to execute plans
There are eight criteria that are required for using data that is days old, but this results in poor
a successful AI implementation. Miss one of decision making that sub-optimises the supply
these and you’ll be lucky to achieve mediocre chain or requires manual user intervention to
outcomes, but when you meet them all, you can address. Without real-time information, an AI tool
indeed achieve world-class results. For the AI is just making bad decisions faster.

6 July 2019 | Logistics News