Working capital optimization is a top priority, according to a survey of 490 supply chain leaders. But only 37% investing in solutions that mitigate supply chain risk and even fewer (27%) are adopting AI that can automate inventory workflows.
“Executives want working capital improvements, yet they deploy AI for demand forecasting instead of disruption prevention. They’re analyzing problems instead of preventing them,” Mathew Elenjickal, founder and CEO of FourKites, tells
Supply & Demand Chain Executive.
Elenjickal points out that the 27% of organizations willing to use AI for autonomous execution can better mitigate the risks that lead to direct hits to the balance sheet.