Revolutionizing Supply Chain Management: The Power of AI in Strategic Sourcing and Inventory Optimization

In this contributed article, Rudrendu Kumar Paul, AI Expert and Applied ML industry professional, explores the transformative role of AI in strategic sourcing, inventory management, and risk management within supply chain operations. The article highlights how AI can optimize these processes, leading to more efficient and effective operations. A focus is on AI's ability to analyze vast amounts of data and generate actionable insights; examples of its application in predicting supplier performance, optimizing inventory levels, and identifying and mitigating supply …

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