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31 along with the usual challenges of IT implementations , the cost involved and ensuring the right partners are onboard .”
The influence of new technology can ’ t be ignored . Over the past decade , artificial intelligence ( AI ) and Big Data are increasingly impacting how businesses conduct operations . With companies worldwide searching for ways to leverage new tech in a bid to speed up their existing processes and differentiate from competitors , this has led to AI and machine learning ( ML ) becoming prominent features of
businesses ’ digital transformations . However , Junghanns believes there is still room for development before AI is considered an essential tool industry-wide . “ Technology is becoming increasingly important , but is AI a key part of all businesses ’ strategies at the moment ? Not yet ,” explains Junghanns .
The scale of what tomorrow ’ s technology could be is staggering . The supply chain industry remains keen to introduce technologies such as ML and AI to enhance productivity and streamline operations . “ We primarily use AI for demand and network
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