The cognitive supply chain
The cognitive supply chain
Insight

The cognitive supply chain

How companies are using AI to create next generation supply chains

Produced by BrandConnect, a commercial division of The Economist

Advances in artificial intelligence (AI), automation and the Internet of Things (IoT) have forever changed the way companies track and manage products, providing more information than ever. Human brainpower alone is no longer cutting it: we're living in the era of the cognitive supply chain.

The wealth of data that can now be collected at every step from manufacturing to distribution is increasingly being fed into what we call cognitive decision centers, systems that use AI to condense and analyze information about supply chains. Where armies of analysts once spent months coming up with ways to speed up delivery or find pain points on factory floors, a well-oiled cognitive decision center can identify anomalies, search for patterns that lead to unexpected disruptions and make suggestions on how to solve them—almost instantaneously.

Humans are good at decision-making in a lot of instances, but they're also really slow. Collecting information, evaluating information and passing that information along? That takes way too long.
Rob Barrett, Principal, KPMG Supply Chain and Operations Advisory

Read the article for examples of automation in today's supply chains and considerations for starting your own cognitive decision center.

The cognitive supply chain
Companies are using AI to create next generation supply chains