The artificial intelligence helps the businesses to manage all supply chain related functions efficiently and boost both top-line and bottom-line values. Therefore, the need to plan and control supply chain business, advanced technologies such as machine learning plays a significant role. The supply chain professionals can make optimal decisions based on proper analysis of big data sets.
The Artificial Intelligence in Supply Chain Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
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Top Key Vendors: C.H. Robinson Worldwide, Inc., Epicor Software Corporation, IBM Corporation, Logility., Microsoft Corporation, NVIDIA Corporation, Oracle Corporation, SAP SE, Samsung, Xilinx Inc.
As leading companies in Artificial Intelligence in Supply Chain market continues to broaden their addressable market, by expanding its current product portfolio, diversifying its client base, and developing new applications and markets, all the prominent players faces an increasing level of competition, both from start-ups as well the leading global technology and industrial companies in the world. Various companies in the value chain are acquiring other local players and operating through joint ventures with retailers in the market to maintain their position in market and provide efficient solutions to its customers.
Increase in the adoption rate of AI to enhance the customer satisfaction level and streamline all supply chain related business. Besides, the driving factors, artificial intelligence in supply chain market also presents several opportunities to the players, such as, increase in the urge to improvise operational efficiency and productivity in the manufacturing area of fields, rise in the cloud-based supply chain solutions are some of the factors which are anticipated to benefit the artificial intelligence in supply chain market in the coming period.
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The global artificial intelligence in supply chain market is segmented on the basis of components, technology, application, and industry vertical. Based on components, the market is segmented into processors, memory, AI platforms, and services. On the basis of technology, the artificial intelligence in supply chain market is segmented into natural language processing (NLP), machine learning, and cognitive computing. The artificial intelligence in supply chain market on the basis of the application is classified into warehouse management, fleet management, freight brokerage, virtual assistant, and others. On the basis of industry vertical, the artificial intelligence in supply chain market is segmented into pharmaceutical, manufacturing, automotive, food & beverages, aerospace, and others.
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