How would you apply AI to enhance the logistics and supply chain management of a transportation company, ensuring timely deliveries and optimal resource utilization?
- Ignore data analytics and rely on manual processes.
- Minimize the use of AI technologies.
- Overstock inventory to ensure no shortages.
- Use predictive analytics for demand forecasting.
AI can enhance logistics and supply chain management by using predictive analytics for demand forecasting, which helps optimize inventory levels, reduce costs, and ensure timely deliveries. Ignoring data analytics or overstocking inventory are inefficient practices.
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