STRIVE Vol 7 Issue 1 | Page 5

Student Ar cles AI the next big thing in SCM Artificially Intelligent Supply Chains Vishal is currently pursuing his MBA from IIM Lucknow and an engineer from BIT Mesra. He is very interested in cutting-edge technologies which have a potential to revolutionize the way people live their lives. ach decade we are endowed with technologies which remodel the approach human beings operate starting from the wheel, electricity, telecommunications, and internet, to smartphones. Artificial intelligence (AI) is touted as the next big thing in line which simulates the human thinking process and allows the machine to process huge amounts information sets and give precise outcomes. A majority of the businesses believe Artificial intelligence to be the succeeding step in the technological revolution that includes a large potential for complete automation. Businesses have realized the ability of Artificial intelligence in enhancing their efficiency and productivity, as an outcome of that, they have started deploying Artificial intelligence within the field of robotics by automating tasks from production to delivery. However, businesses are exploring different ways to leverage Artificial intelligence into their supply chains for processes such as demand prediction, E Volume 7 issue 1 November 2017 4