What AI already does well in supply chain management
What are the Applications of AI in Logistics and Supply Chain? Predicting failures via advanced analytics can increase equipment uptime by up to 20%. By adopting a predictive maintenance approach, supply chains can keep their equipment running well, without unpredictable failures. With the help of AI and advanced analytics, a predictive maintenance strategy lets supply chains predict machinery failure. This gives them the ability to perform and schedule maintenance ahead of time, increasing downtime-related cost savings and monthly production capacities. Generative AI...