Bigger Profits, Better Decisions: The Transformative Impact of Integrating AI and IoT into Supply Chains

 

How are AI, IoT, and data analytics transforming the challenges of supply chain management into opportunities for unprecedented efficiency and resilience?

On an episode of Expert Insights by Benchmark Products, Daniel Litwin, the Voice of B2B at MarketScale, emphasizes the transformative impact of integrating AI and IoT into supply chains. This integration facilitates data-driven decision-making and process optimization, significantly boosting performance and profitability. In addition to this, integrating AI and IoT into supply chains makes operations more responsive and adaptable to change.

“AI-enabled planning tools are revolutionizing operations, delivering low-touch planning that cuts manual work, enhancing predictability, and adding up to 3% to gross margins… Through control-tower formats, companies are directing resources with real-time insights, managing supply chains with unprecedented precision,” Litwin said.

Article written by MarketScale.

Recent Episodes

Benchmark Products has introduced its new Benchmark Bioprocessing Solutions, a comprehensive offering of customizable single-use assemblies tailored for life science manufacturers. Guided by a customer-centric philosophy, the team at Benchmark understands that every biopharmaceutical process presents unique challenges. By conducting detailed analyses of client workflows, Benchmark identifies opportunities to enhance efficiency, reduce costs, and…

In 2024, Benchmark Products redefined progress with pioneering innovations in life sciences and pharmaceutical manufacturing. At Interphex in New York City, the company showcased its range of life science and pharmaceutical manufacturing products, including the innovative BioMark Bags. These single-use bioprocessing solutions are recognized for their robust durability, chemical resistance, and compliance with FDA…

At Benchmark Products, sustainability is at the heart of everything we do. We are committed to providing smart solutions for cleanroom disposable products, ensuring that recycling is performed effectively and responsibly. Our Benchmark GMP and Suite products are designed not only for top performance but also with the environment in mind. Our innovative solutions…