Future of Supply Chain Planning: Infused with Intelligence and Self-Learning Tools
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In today’s fast-paced, interconnected world, supply chains are facing unprecedented complexity. Rapidly evolving customer demands, a constantly shifting product mix, and an ever-expanding global marketplace are making traditional supply chain management more difficult. To remain competitive, businesses must rely on advanced technologies that can handle these challenges efficiently and effectively. Enter the next generation of Supply Chain Planning software, which is being transformed by the infusion of built-in intelligence and self-learning tools like machine learning (ML), artificial intelligence (AI), big data, blockchain, and the Internet of Things (IoT). The Role of Built-in Intelligence in Supply Chain Planning Traditional supply chain management tools often focused on streamlining processes through basic automation and forecasting. However, as the complexity of global supply chains continues to grow, so too must the capabilities of the software that manages them. Toda...