target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: Market Presentation - Doc Document number: # AP51481824
AI/ML, Generative AI, and the Rise of Autonomous Supply Chains
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Abstract
This IDC Market Presentation delves into the transformative impact of advanced technologies, such as AI/ML, generative AI (GenAI), Internet of Things (IoT), and supply chain platforms, on the future of supply chain management (SCM). Highlighting the shift toward autonomous supply chains, it explores how these technologies enhance visibility, efficiency, and resilience across the supply chain ecosystem. The report emphasizes the importance of robust data governance and seamless integration of information and processes to achieve superior supply chain orchestration. It provides practical guidance for manufacturers, retailers, logistics companies, wholesalers, and distributors, focusing on strategic steps to modernize infrastructure, optimize operations, and build collaborative relationships. By embracing these innovations, organizations can achieve greater agility, adapt to changing market conditions, and gain competitive edge in a rapidly evolving landscape.
"The convergence of AI/ML, GenAI, IoT, and supply chain platforms is paving the way for autonomous supply chains, enhancing agility and reliability. Organizations that invest in robust data governance and advanced data capabilities will achieve superior SCM and coordination, outperforming their peers and securing sustained competitive advantage," says Rani Ratna, senior research manager, IDC Manufacturing Insights.