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Cognitive Technologies Drive SCM Solutions to Address Industry Challenges
06-Dec-2021
Global
Market Research
PBF7-01-00-00-00
IT04426-GL-MT_26038
Artificial intelligence (AI) and cognitive technologies are becoming a critical element of supply chain management (SCM) solutions as they evolve from point to integrated solutions. AI plays a vital role in making SCM more agile, transparent, and customer-oriented.
In this report, Frost & Sullivan examines the importance of AI in transforming SCM, identifies critical challenges in SCM—especially in the
post-COVID-19 era—and recognizes AI and other cognitive technologies as a natural fit for SCM. Our analysis shows that AI and other emerging cognitive technologies will be the key enablers in developing new supply chain models that allow companies to reach customers more effectively. The report details SCM market trends and studies AI’s impact in each SCM sub-function, from procurement to customer support services. Most importantly, we offer stakeholders insights into crucial growth opportunities that will shape the industry over the next 2–3 years.
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Artificial Intelligence (AI) in Supply Chain Management (SCM) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Digital Technologies to Transform the SCM Value Chain
SCM Challenges
SCM Challenges (continued)
Digitization Plays a Vital Role in SCM
The Evolution of SCM Solutions
AI—Integration in SCM Solutions
AI—Transforming SCM
AI—Transforming SCM (continued)
AI—Considerations in Designing SCM Solutions
Trend 1—AI-based Edge Computing Systems Enable Smarter Supply Chain Decision-making
Trend 2—The Increasing Adoption of Robotic Process Automation (RPA) in SCM
Trend 3—The Convergence and Adoption of Multiple Technologies Accelerate AI Adoption in Supply Chains
AI—Use Cases and the Degree of Impact in Supply Chain Functions
Use Cases—Procurement
Use Cases—Manufacturing
Use Cases—Warehouse Management
Use Cases—Transportation and Logistics
Use Cases—Customer Support Services
AI-driven SCM Solutions
AI-driven SCM Solutions (continued)
Building a Resilient Supply Chain Function
The Future of SCM
Growth Opportunity 1: Integrated, AI-enabled SCM Solutions
Growth Opportunity 1: Integrated, AI-enabled SCM Solutions (continued)
Growth Opportunity 2: Edge Infrastructure for AI-based Solutions
Growth Opportunity 2: Edge Infrastructure for AI-based Solutions (continued)
Growth Opportunity 3: Cybersecurity Solutions
Growth Opportunity 3: Cybersecurity Solutions (continued)
List of Exhibits
Legal Disclaimer
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- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Hemangi Patel |
| Industries | Information Technology |
| WIP Number | PBF7-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9705-C1,9658 |
Global Artificial Intelligence in Supply Chain Management Growth Opportunities
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