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

February 20, 2024
MarketScale

 

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.

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