AI in the supply chain: it’s about intelligence, not automation

August 5, 2019 Matt Vermeulen

So what does AI do in the Supply Chain? Companies are flooding the market with sci-fi tales of AI solving every automated function. But the reality is the workflow hasn’t changed. What AI really does is add intelligence to your workflow. It gives you more accurate data more quickly to help connect suppliers and buyers faster and more intelligently. 

Whereas stop-gap automation solutions like RPA and document scanning technology only take what humans do and do it faster. While these technologies can improve speed, they can’t offer any greater insight or give you intelligent suggestions. They’re great additions to ancient processes, but they’re not improving your company’s ability to make better purchasing decisions. 

AI helps you make sense of all your data. It can automatically categorize spend, organize invoice data, process long-tail spend, analyze invoice costs, and therefore make your work far more efficient and intelligent. 

Join us as we discuss real-world use cases for AI in supply chain management.

 

About the Author

Matt Vermeulen

Matt Vermeulen writes about B2B commerce for Tradeshift. Whether he's writing about Accounts Payable best practices or debunking AI myths, Matt enjoys making complex topics easy to understand and fun to read.

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