The rise of artificial intelligence (AI) and automation technologies is set to have a profound impact on supply chain roles in the coming years. With the potential to revolutionize the way supply chains operate, businesses need to start preparing for the changes ahead.
The Benefits of AI and Automation in the Supply Chain
AI and automation technologies have the potential to streamline supply chain operations, reducing costs and improving efficiency. Here are just a few of the benefits:
- Improved accuracy:
AI can quickly and accurately analyze large amounts of data quickly and accurately, identifying patterns and trends that human workers might miss. Automation can also help to reduce errors and improve consistency. - Increased speed:
Automation can perform repetitive tasks much faster than humans, allowing for faster processing times and shorter lead times. - Cost savings:
By reducing the need for human labor, AI and automation can help to lower costs and improve profitability.
The Impact on Supply Chain Roles
While the benefits of AI and automation are clear, the impact on supply chain roles is less clear. Here are some potential changes that could occur:
- Fewer manual tasks:
As automation technologies become more prevalent, some manual tasks, such as data entry and inventory management, may be automated, reducing the need for human workers to perform these tasks. - New skill requirements:
As AI and automation technologies become more prevalent, new skill requirements will emerge, such as the ability to analyze data, develop algorithms, and manage complex systems. - Increased demand for IT professionals:
As supply chains become more reliant on technology, the demand for IT professionals with expertise in AI and automation is likely to increase.
Preparing for the Future
Some fear that the technology will replace its human counterparts, while other experts suggest it will work in unison with humans, supporting them to focus on higher-value opportunities. Amidst all this uncertainty, one thing is certain: AI and automation will change how we operate. Read more…
