Three AI-powered Technologies to Battle Supply Chain Disruptions

Dr. Devavrat Shah, the CTO and Co-founder of Ikigai, and a distinguished Professor at MIT. With a stellar career in technology and data processing, he shared actionable insights at the Supply Chain Digitalization Conference 2022. In this blog, we’ll explore his strategies on Three AI-powered Technologies to Battle Supply Chain Disruptions.

In the world of supply chains, Dr. Devavrat Shah had some cool ideas to help battle disruptions. First, he talked about using special math to guess how much stuff people would want, even when there wasn’t a lot of information. It was like predicting the future of shopping! Then, he mentioned a smart way called reinforcement learning that helped supply chains run super smoothly. It was like having a clever robot that made everything work better. Lastly, he talked about something called DeepMatch, which was like a magical glue that stuck all the important information together, so everyone could see what was going on. These ideas used the power of computers to make supply chains stronger and ready for anything that came their way. So, by using these technologies, supply chains could become like superheroes in the world of business.

How to integrate short-run and long-run planning and scheduling activities over the entire global supply chain of a firm
Methods for assuring that the activities of individual functional areas of a firm’s supply chain (e.g.,Distribution) are effectively integrated with the entire supply chain
Methods for organizing and aligning a firm’s performance metrics that monitor and evaluate the efficiency and effectiveness of supply chain operations

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