Understanding AI and Demand Forecasting in Supply Chain

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Artificial Intelligence and Demand Forecasting in Supply Chain | Season 2| Episode 4

In this podcast “Decoding the Digital Industrial Revolution,” host Arvind Sarin interviews Rahul Gangulee, the Chief Supply Chain Officer at Tricord International. Rahul shares insights on how Tricord International supports small to mid-sized enterprises (#SMEs ) by leveraging best practices in supply chain management to help these businesses overcome challenges in profitability, funding, and technology access. He discusses the role of artificial intelligence in cost modeling and demand forecasting, emphasizing its potential to revolutionize supply chain efficiency and transparency. Rahul also highlights the importance of robust partner selection, effective communication, and inventory management in creating a resilient supply network. Additionally, he explores the impact of emerging technologies, such as 3D printing and #ai integration in ERP systems, on sustainability and operational efficiency. For a deeper dive into Rahul’s insights and to explore how these strategies can transform your #supplychain operations, watch the entire podcast episode now!

Key Takeaway
AI enhances cost modeling and demand forecasting, driving efficiency in supply chains.
Effective risk management involves assessing risks such as geopolitical, cost, and capacity and formulating strategies accordingly.
Emerging technologies like 3D printing and advanced ERP systems significantly improve sustainability and operational efficiency.
Supporting SMEs with best practices and technology enables them to compete globally and grow sustainably.
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