The Rising Trend: High-Growth Supply Chain Companies Embracing AI and ML
Monday, 15 July 2024, 03:05
The Rise of AI and ML in High-Growth Supply Chains
Around 63% of high-growth supply chain businesses, characterized by a revenue growth of 20% or more over the past three years, have integrated generative AI into their operations, states the 2024 Agility Index research study by Epicor and Nucleus Research.
The Competitive Edge
These companies are embracing advanced technologies to enhance efficiency and drive innovation, positioning themselves ahead of competitors.
- Focus on Innovation: High-growth businesses are leveraging AI and ML to stay competitive in the modern market.
- Efficiency Boost: Integration of generative AI is helping streamline operations and optimize supply chain processes.
The fast adoption of AI and ML reflects a strategic approach towards staying ahead in the industry's dynamic landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.