Video: A Hitchhiker's Guide to Machine Learning and Artificial Intelligence in the Supply Chain

Carter McNabb discusses Machine Learning and Artificial Intelligence (AI), and the significant opportunities for Australian supply chains.

Carter McNabb speaking about Machine Learning and AI in Supply Chains at ASCI2019

In this keynote presentation at ASCI 2019 Carter looks at how Machine Learning and AI are currently being used in the supply chain, as well predictions for their use moving forward.

His presentation explores the emerging technologies using Machine Learning and Artificial Intelligence (AI) that could potentially offer significant opportunities for Australian supply chains.

Furthermore, he explains their potential across all areas of the Supply Chain from Strategy, to Planning and Execution.

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"GRA built capability within the organisation on the importance of S&OP and its role in managing the business. This enabled senior leadership to fully engage in the S&OP process to drive an issues-based, KPI-driven S&OP process with clear ownership of the forecast and other key areas."

– Demand Strategy & Planning Director and S&OP Transformation Programme Manager, Lion Dairy & Drinks

Typical results

  • 20-40% inventory investment reduction
  • increased service levels ranging up to 99.9%
  • 10%-15% reduction in supply chain operating costs
  • 5%-20% spend management savings
  • the ability to fund business initiatives from operating cash flow (OCF) improvements
  • improved return on capital employed (ROCE)
  • a minimum 3:1 ROI (10:1 to 30:1 typical)