Businesses Fearing a Recession Should Use AI to Optimize Their Supply Chain

 

Thanks to high inflation, rising interest rates, and massive job cuts, fear of recession has become modus operandi for most businesses. Even with year-over-year inflation somewhat cooling and with the shuttering of Silicon Valley Bank, the Federal Reserve shows no signs of continuing its path of demand destruction with interest rate hikes. A bearish economic climate drives layoffs, and as they enter into the thousands, especially in the tech industry, more and more companies are grappling with significant gaps in their workflow. Some in the enterprise automation space see this as a critical moment for companies to insulate themselves against a rickety economy, calling for businesses to use AI to optimize their supply chain.

Today, AI is playing in role in every layer of business, and is providing enterprise automation solutions to help cover some of the pressure points for businesses. Companies facing labor and skill shortage are using AI to automate tasks, for inventory management and consumer behavior predictions, and even to improve delivery times, inventory and warehouse management. All these points of automation, especially ones that create logistics efficiencies for a company’s supply chain, are critical and have compounding effects across a company’s finances and operations.

Bob Rogers, co-author of Demystifying AI for the Enterprise: A Playbook for Business Value and Digital Transformation and CEO of Oii.ai, which helps businesses find the right supply chain set-up through its AI-enabled software, explains why companies should deploy AI to optimize their supply chain.

Bob’s Thoughts:

“My company Oii.ai is using AI in two key areas. First, we monitor data from supply chains and we use AI to identify what that data means and how it connects to our supply chain modeling software. The other place we use AI is to predict what kinds of disruptions supply chains might need to be prepared for, so that we can build the most robust supply chain possible.

In an environment where inflation is putting pressure on companies to maintain margins without raising prices too much, a key opportunity is to reduce the cost of your supply chain by reducing inefficiencies and inventory. Software such as Oii.ai can optimize the supply chain to reduce costs and support margins without raising prices.”

Article written by Aarushi Maheshwari.

Follow us on social media for the latest updates in B2B!

Image

Latest

School infrastructure
Can a Docuseries Change the Way Communities Think About School Infrastructure Reform?
April 28, 2025

School infrastructure in the United States is in a critical condition. According to the U.S. Government Accountability Office (GAO), an estimated 54% of public school districts report needing upgrades or replacements for multiple building systems, such as HVAC, roofing, and structural elements. In a few states (like Idaho), the situation is compounded by laws…

Read More
dock scheduling
C3 Solutions Boosts Delivery Speed Through Intelligent Dock Scheduling and Yard Automation
April 28, 2025

Logistics networks continue to grow more complex as supply chains race to meet rising ecommerce demand. As of 2024, 80% of consumers expect retailers to offer same-day delivery, with 30% anticipating this service to be free. This pressure is pushing supply chain operators to modernize traditionally overlooked segments like yard management and dock scheduling….

Read More
trucking
The People Business: Keep on Truckin’ & Earning A Good Income
April 28, 2025

In this Career Paths episode of The AppleOne Podcast, host Brett Howroyd explores the essential—and often underestimated—world of trucking with two guests who know it well: Chip Stewart, VP of Service Operations at Select Transportation Resources in Houston, and Jill Apperson, Area Manager at AppleOne in North Carolina. Together, they break down why trucking…

Read More
england veteran series
Honoring Service Through Sport: The New England Veteran Series
April 25, 2025

The New England PGA REACH Foundation is opening new doors for veterans with its inspiring New England Veteran Series. Designed exclusively for those who have served, this golf tour offers competitive opportunities at premier courses across New England, blending the spirit of service with the love of the game. Veterans will not only sharpen their…

Read More