Preeti
Walmart is using artificial intelligence (AI) to enhance its supply chain management in response to unpredictable disruptions in the evolving world. By leveraging sophisticated algorithms, Walmart can now accurately forecast demand, optimize inventory flows, and reduce costs. The integration of AI, machine learning (ML), and accessible computing power has transformed Walmart’s supply chain landscape, allowing for a complete overhaul of processes from demand forecasting to customer needs understanding.
The data-driven strategy at Walmart involves integrating data from various sources such as IoT, customer interactions, weather models, social media trends, and macroeconomic conditions. This approach leads to increased stock accuracy, reduced operational costs, and a faster network. The company can now react proactively to real-time data provided by smartphones, enabling continuous information flow, AI-driven decision-making, and the ability to simulate and anticipate disruptions.
To efficiently manage disruptions, Walmart has established an Emergency Operations Control Center, facilitating real-time collaboration and action implementation based on AI-driven simulations. Automation and AI integration are reshaping roles within the supply chain, eliminating routine tasks and allowing employees to focus on higher-value work, leading to more fulfilling and highly skilled jobs. Walmart’s approach of combining cutting-edge technologies with agility could shape the future of retail supply chain management in a world where consumer expectations are rising, and disruptions are common.
Source link
Source link: https://medium.com/@adspy0421/walmart-lia-au-c%C5%93ur-de-la-cha%C3%AEne-d-approvisionnement-agile-fb0a3f1feecb?source=rss——ai-5
GIPHY App Key not set. Please check settings