Accelerate supply chain value with a targeted strategy for AI

Amid economic complexity and market volatility, companies are investing in initiatives that rearchitect supply chain operations for the long-term. This includes digital renovation, network re-engineering, and workforce restructuring. However, focusing on the short game is also crucial as compound volatility creates near-term stress.

Artificial intelligence (AI) plays a key role in the short game, with 57 percent of executives believing AI will help them achieve their short-term goals. AI can improves fiscal year performance while accelerating long-term outcomes.

AI playbook for success is grounded in key principles:

• Progress over perfection: AI can be deployed incrementally to quickly achieve value despite data constraints, algorithm complexity, and slow adoption.
• Algorithms over assets: AI can help unlock physical capacity, increasing asset efficiency for organizations facing inflationary cost of capital.
• Resilience over-rightsizing: AI can anticipate employee behavior, build resilience to labor shocks, and enable proactive prevention of turnover.

KPMG can help you enhance short-term operations and future-proof your supply chain with our approach for rapid and responsible implementation of AI. Download our latest paper to learn more.