Cognitive Supply Chain: Artificial Intelligence, Today and Tomorrow.
The term “cognitive supply chain” refers to the use of artificial intelligence (AI) and other advanced technologies to optimize and improve supply chain operations. A cognitive supply chain uses data-driven, real-time analytics to anticipate and respond to changing customer demands and market conditions, and can help companies to improve efficiency, reduce costs, and increase responsiveness.
There are several key technologies that are enabling the development of cognitive supply chains, including:
- Machine learning: Machine learning algorithms can be used to analyze large datasets and make predictions or decisions based on that data, which can be useful for tasks such as demand forecasting, inventory management, and transportation planning.
- Internet of Things (IoT): The IoT refers to the interconnected network of sensors and devices that can collect and transmit data about the physical world, which can be used to improve supply chain operations. For example, sensors on shipping containers could be used to track the movement and condition of goods in real-time.
- Robotics: Robotics technologies, including autonomous vehicles and robots, can be used to automate and optimize supply chain tasks, such as material handling and transportation.
- Natural language processing: Natural language processing (NLP) technologies can be used to analyze and understand human language, which can be useful for tasks such as customer service and order processing.
Overall, the use of AI and other advanced technologies is transforming supply chain operations and enabling the development of cognitive supply chains that are more efficient, responsive, and adaptable.
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Quotes about the artificial intelligence supply chain
“Artificial intelligence will reach human levels around 2029. Follow that out further to, say, 2045, we will have multiplied the intelligence, the human biological machine intelligence of our civilization a billion-fold.” ~Ray Kurzwel
“Integration of the following technologies will revolutionize supply chain: IoT, big data, blockchain, 3D printing, artificial intelligence, and augmented reality.” ~EverythingSupplyChain.com
“Artificial intelligence will permeate the supply chain in ways we haven’t even thought of.” ~Dave Waters
“Machine learning and deep learning are emerging technologies that will completely change supply chain automation. ~SupplyChainToday.com.
“Be a supply chain innovator. Research Internet of Things (IoT), Machine Learning, Deep Learning, Big Data, Blockchain, Drones, Augmented Reality, Artificial Intelligence…” ~EverythingSupplyChain.com.
“To understand the predictive enterprise research Artificial Intelligence, Machine Learning and Deep Learning.” ~Dave Waters
“1. Increase Visibility. 2. Reduce Variability. These two activities encompass all layers of supply chain management.” ~SupplyChainToday.com.