NEW research from Accenture finds that companies with the most mature supply chains achieve 23 percent greater profitability than the competition. These so-called leaders are six times as likely to use AI and generative AI widely across their supply chains, which allows them to generate additional business value. Conversely, low supply chain maturity among many organizations leads to limited ability to benefit from AI and generative AI. This means the old supply chain levers, such as global low-cost sourcing and specialized factories in low-cost locations, aren't sufficient anymore. The "Next stop, next-gen" research is based on a survey conducted in October 2023 among over 3,000 supply chain executives in 1,148 companies.


Source:   Manila Times
July 28, 2024 04:01 UTC