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Artificial Intelligence (AI) in Supply Chains and Logistics
Predicts future demand by analyzing historical data, market trends, and external factors, helping companies optimize inventory levels effectively.
Optimizes delivery routes using real-time traffic, driver availability, and fuel costs, reducing delivery times and transportation expenses.
Automates inventory tracking and restocking, ensuring optimal stock levels across warehouses while reducing warehousing and storage costs.
Monitors supplier performance and global events, identifying potential risks and disruptions, enabling proactive supply chain management.
Optimizes manufacturing schedules based on resource availability, preventing bottlenecks and improving production efficiency in real time.
Analyzes supplier bids and market conditions, providing procurement strategies to reduce costs and improve supplier negotiation outcomes.
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