Leading Businesses Are Incorporating AI Into Their Supply Chain Processes to Gain a Leading Edge | Quantzig Reveals the Top Five Ways AI-Powered Analytics is Revolutionizing Supply Chain Management
LONDON--(BUSINESS WIRE)--May 6, 2019--Quantzig, a leading analytics advisory firm that delivers customized analytics solutions, has announced the completion of its free resource on how AI-powered analytics is revolutionizing supply chain management. In today’s digital era, the evolution of new data formats and disruptive AI technologies have brought in major challenges for players across industries. Artificial intelligence based technologies are not only transforming the way modern enterprises function but have also paved way for new opportunities.
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How AI-Powered Analytics is Revolutionizing Supply Chain Management (Graphic: Business Wire)
In today’s complex business scenario, businesses that do not harness the power of AI and machine learning are at a greater risk of being left behind. Today, several BI-based analytics processes benefit from AI. AI-powered analytics tools empower humans and machines to work intuitively, making the work process more fluid and adaptive. This has also helped players across industries to improve in-store interactions, social-media engagements, increase purchase preferences, and personalize customer interactions to improve customer engagements.
“Businesses that learn to harness the power of AI and machine learning and integrate them with advanced analytics capabilities sooner, rather than later, are set to gain an early advantage,” says a supply chain analytics expert from Quantzig.
Quantzig’s supply chain analytics solutions can help you transform your supply chain processes to drive profitability. Contact our experts for more insights.
How AI-powered analytics is revolutionizing supply chain management
- Enhances demand forecasting accuracy
Owing to the uncertainty in demand-supply scenarios, demand forecasting has turned out to be a challenging task for logistics and supply chain professionals. However, with AI-powered analytics solutions businesses can now track and measure all the factors that affect their demand forecasting accuracy.
Request a free proposal to know more about our portfolio of supply chain analytics solutions and how it can help you gain a competitive advantage in today’s complex business scenario.
- Improves order management capability
Without reliable data and a robust forecast process businesses fail to deliver precise outcomes. Leveraging AI-based solutions helps businesses to rapidly digest the gigantic troves of sales information, SKU, and store data, delivering actionable insights that aid enterprise decision making.
- Increases the effectiveness of supplier relationship management
Supplier-related risks are major concerns for businesses, a wrong choice of supplier could significantly affect an organizations reputation and cause significant losses. With AI-powered analytics solutions, businesses can now analyze supplier data such as on-time and in-full delivery performance, credit scores, audits, and other such information while selecting suppliers.
- To read more, download this free resource
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on our engagement policies and pricing plans, visit:https://www.quantzig.com/request-for-proposal
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