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The Role of Agentic AI in SupplyChainsSupplychains are dynamic and complex, requiring continuous decision-making across multiple functions, from procurement and inventory management to logistics and demand forecasting. Agentic AI takes this a step further by enabling autonomous supplychain systems.
Enhancing supplychainresilience as well as supplychainvisibility is crucial in today’s interconnected world. SupplyChainResilience refers to a supplychain’s ability to withstand and recover from unexpected events.
With Logility’s cutting-edge solution, businesses can expect: Real-time Data Analysis: Instant insights into supplychain performance and potential disruptions. End-to-EndVisibility: Extensive overview of the entire supplychain network for better planning and coordination.
According to Geraint John , Vice President Analyst with the Gartner SupplyChain practice, “Supplychain executives overwhelmingly recognize the necessity to make their networks more resilient and agile.” In this blog, let’s explore best practices that drive supplychainresiliency with this definition at the core.
Visibility. Visibility into other key inventory (e.g., safety equipment, parts for trucks, and raw materials for infrastructure), weather events, customer demand levels, and logistics can help prevent disruption in operations, too. Visibility into other key inventory (e.g.,
Supplychainresiliency is also a critical objective for HS2, as the industry contends with challenges including commodities, hyperinflation of material prices, deficits in skilled labour and changing consumption habits. This is based on the supplier’s perception of the contracts they are delivering.
We need to bring cost, resilience and sustainability into harmony and in doing so we need to look again at strategic leadership in the function. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supplychainresilience. Labor is another potential time bomb.
As the future of commerce unfolds, each use case interacts holistically to transform the customer journey from end-to-end–for customers, for employees, and for their partners. It can also facilitate compliance with local regulations, streamlining the logistics of cross-border transactions.
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