AI Advancement in Supply Chain Industry
Abstract:
Ramachandra Handaragal, Senior Manager – Peloton Consulting Group, Senior Member – IEEE Dallas Chapter/Professional. Member – ASCM, and Ambassador - ISCEA. I will be presenting the advances of AI in Supply chain and Asset Maintenance. Artificial intelligence (AI) is rapidly transforming supply chain management, ushering in a new era of automation, efficiency, and resilience. Modern AI technologies are enabling end-to-end process automation-often described as the "self-driving supply chain,“ where key decisions, from procurement to logistics, are increasingly handled by intelligent systems with minimal human intervention. AI-driven demand planning and forecasting now leverage both historical and real-time data, including market trends and external events, to deliver highly accurate predictions and support proactive adjustments in production, inventory, and procurement strategies Oracle is at the forefront of this transformation with its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) suite. The latest AI-powered capabilities within Oracle Cloud SCM provide supply chain leaders with enhanced visibility, cost reduction, and smarter decision-making. Oracle’s AI agents automate routine tasks across procurement, manufacturing, and maintenance, delivering personalized insights and recommendations that boost productivity and agility.
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