Global Artificial Intelligence in Supply Chain Management Growth Opportunities

Global Artificial Intelligence in Supply Chain Management Growth Opportunities

Cognitive Technologies Drive SCM Solutions to Address Industry Challenges

RELEASE DATE
06-Dec-2021
REGION
Global
Deliverable Type
Market Research
Research Code: PBF7-01-00-00-00
SKU: IT04426-GL-MT_26038
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IT04426-GL-MT_26038

Global Artificial Intelligence in Supply Chain Management Growth Opportunities
Published on: 06-Dec-2021 | SKU: IT04426-GL-MT_26038

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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

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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.
More Information
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