Transformation by optimization: AI impacts supply chain through forecasting, data analysis.

Artificial intelligence (AI) is transforming the supply chain through forecasting and data analysis. AI can rapidly analyze disruptions in the supply chain, illustrate their impact, and provide suggestions on how to respond. Global businesses are embracing logistics adaptability and using AI to improve logistics visibility throughout their operations. AI can also help improve the accuracy of customs invoices and speed up the receipt of goods. However, while AI is a powerful tool, data overload can limit its usefulness, and a focused approach is preferred. Additionally, AI can help optimize supply chains and meet the needs of local markets by predicting supply, demand, and capacity. Al-driven forecasting can also help brands compete domestically while taking advantage of global economies of scale. Overall, AI is transforming the supply chain and improving efficiency and customer satisfaction. [Extracted from the article]