The Catalyst: Pandemic and Supply Chain Vulnerabilities
The pandemic was a key catalyst in this transition, exposing the fragility of traditional supply chains. Businesses encountered severe disruptions due to the lack of redundancy in their networks, leading to shortages amidst high demand. This situation highlighted the urgency of incorporating AI into supply chain processes for enhanced resilience.
AI’s impact on supply chains is extensive. It improves import/export analytics, streamlines quality control, and transforms supplier selection. AI’s integration results in supply chains that are not just risk-averse but also adaptable and responsive to market shifts.
