QMEB ยป Supply chain sustainability is possible through AI says multinational
Environment Latest News Local Procurement Supply Chain News What's New

Supply chain sustainability is possible through AI says multinational

Komatsu remote operator
File photo of remote operator

Advanced technology can help contractors achieve environmental objectives, a global employer said.

IBM recently revealed artificial intelligence (AI) can help supply chains achieve their sustainability goals.

“Modernisation of technology is a key factor in achieving productivity goals, and most CEOs report seeing numerous benefits to implementing generative AI across their organisation,” IBM cognitive process reengineering practice leader Jonathan Wright said according to Supply Chain Digital.

“Implementing AI can automate the processing of data, converting it into valuable outputs while maintaining data reliability.”

Wright suggested more suppliers could use AI to reduce computing costs by up to 30 per cent, if they knew what the first step involved and how to train employees.

“Fewer of their executive teams feel they have the right knowledge to deploy it,” he said according to the publication.

Procurement should transcend cost savings and unlock value
Contract awarded for mining infrastructure project
Procurement process probed for being ‘too hard’
Supply chain theft jumped 40 per cent says report.

Add Comment

Click here to post a comment