TECH & AI
“ Businesses are focusing on establishing fluid , agile supply chains that have the scale and capacity to adapt ”
SAUL RESNICK CEO UK & I , DHL SUPPLY CHAIN
“ This involves connecting each function and providing visibility of other functions with minimal human dependency .”
Saul points out that , by fully integrating demand and inventory management systems with wider supply chain management , from warehouse management to risk management , businesses can create end-to-end visibility across their network .
Often , the result is enhanced operational efficiency , enabling proactive and informed decision-making based on accurate data on capacity , demand and inventory .
Shedding light on how his own organisation is mastering this , Saul continues : “ At DHL , we ’ re leveraging digital solutions through our warehouse management system which provides the consistent and precise inventory levels we need to make accurate assessments of delivery capability into different markets .
“ At the same time , our demand planning technology supports us to better forecast supply requirements , enabling us to align and adjust to global trends and macroeconomic events .”
AI a ‘ game changer ’ for supply chain professionals As with numerous other areas of supply chain management , AI and machine learning ( ML ) are increasingly being integrated into demand and inventory management .
252 October 2024