AI can transform the supply chain but adoption is slow

A new survey of 300 supply chain and procurement decision-makers in the UK reveals that while 36 percent are in the process of implementing AI, almost a third (32 percent) are either just considering adoption or have no plans to adopt AI at all. The study from Ivalua indicates a growing divide between businesses moving ahead with AI and those lagging behind, with those that have deployed AI already reaping the benefits, including improved data analysis for decision-making (85 percent), task automation (83 percent), and demand forecasting (79 percent). 'With rising costs, ongoing volatility in trade policies, and constant pressure… [Continue Reading]