How is AI changing supply chains?

- [Narrator] AI is transforming supply chain management. From predicting demand to optimizing inventory and reducing disruptions, AI-driven tools help companies stay ahead in a rapidly changing world. In this video, we'll explore three key ways that AI improves supply chains, helping businesses to increase efficiency, reduce costs, and improve resilience. First, AI enhances demand forecasting. Traditional forecasting methods rely on historical data and human judgment, but AI-powered systems can analyze real-time market trends, weather patterns, and economic indicators to generate more accurate predictions. For example, retailers can use AI to predict seasonal demand shifts and adjust inventory levels accordingly. That reduces overstock and avoid stockouts. Second, AI optimizes inventory and logistics. Machine learning models can predict the best stock levels, reorder points, and optimal warehouse placement, helping companies to minimize waste and improve fulfillment speed. For…