Use cases
AI in the supply chain: efficient, resilient and sustainable
Supply chains that are as smooth as possible are essential for a functioning economy and for each individual company – they determine how efficiently, reliably and cost-effectively goods and services reach customers. Delays, inefficiencies and a lack of transparency can cause enormous costs and jeopardize competitiveness. The two important trading partners China and the United Kingdom are among the groups with a high economic risk for Germany. The USA, Japan and European partner countries, on the other hand, show potential for further expansion within German supply chains (ifo Research Reports, No. 133). Artificial intelligence (AI) can help you identify opportunities and risks in the context of your supply chains:
- Optimize planning to avoid bottlenecks
- Gain real-time insights to detect faults at an early stage
- Reduce costs through efficient route planning
- Achieving sustainability targets and complying with legal requirements
Typical AI use cases in the supply chain sector
Problem: Maximize the efficiency of your route planning.
Solution: Use supervised learning to plan optimal routes in real time based on your drivers’ experience as well as historical and current data.
Benefits: Faster deliveries, reduced transport costs and lower resource consumption.
Problem: Inaccurate forecasts lead to overstocking or supply bottlenecks.
Solution: AI creates precise forecasts based on historical data, seasonal trends and external factors.
Benefits: Accurate planning, reduced storage costs and fewer shortages.
Problem: Stock levels are often either too high or insufficient.
Solution: AI analyzes order patterns and consumption data to calculate optimal stock levels.
Benefits: Reduced inventory costs, optimized capacity utilization and improved delivery capability.
Further use cases
Discover more exciting use cases from different areas of the company – for new ideas, perspectives and possibilities.
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