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Ten Ways AI-Powered Algorithms Will Transform Your Supply Chain | Supply Chain Management Review

New Product, New Wins

Digital Supply Chain knowledge should be added to the process of deciding what to make or do to drive growth. Winning companies will adopt a more integrated cross-functional view that includes their DSC to gather important customer insights and information. They add value by being in touch with the customer and learning from them through delivery and infield use. This insight will help develop algorithms that best predict the customer demand for the new product and analyze DSC availability to produce and deliver.

Dynamic Pricing

Rapidly adjusting pricing as market conditions change will alter the way that the supply chain is managed and drive profitability. Predictive analytics will be used to continually set and adjust pricing for more and more products and services. AI will guide companies on customer buying behavior, mega trends and history. New production and delivery methods will enable companies to seamlessly integrate the speed of getting the product to the customer into their dynamic pricing.

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Ten Ways AI-Powered Algorithms Will Transform Your Supply Chain – Supply Chain Management Review.

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