Innovation and disruption are constants in the supply chain game. In this episode, hosts Scott W. Luton and Kevin L. Jackson, alongside special guests Greg Buzek from IHL Group and Vignesh Balasubramanian from Microsoft, dive deep into the pivotal role of generative AI in revolutionizing supply chain management. Understand the significant inefficiencies in current transportation logistics, with over 50% of trucks less than half full, and how AI can turn this challenge into a substantial efficiency gain. Our experts share real-world applications from Microsoft, highlighting AI’s role in enhancing planning and forecasting capabilities, adapting to changing data, and optimizing logistics to cut costs and improve delivery times. Vignesh’s personal anecdotes from the COVID-19 pandemic illustrate the importance of preparedness and strategic adaptation in the face of geopolitical and weather-related disruptions. Looking toward the future, we discuss strategies like nearshoring, the lasting impact of supply chain disruptions on inflation and consumer experiences, and the critical importance of maintaining clean and ready data for AI optimization. Gain valuable insights, practical strategies, and a compelling call to action to embrace AI-driven innovations to stay competitive in today’s volatile market.

Inventory management is vital for balancing supply and demand, minimizing costs, and maximizing efficiency in businesses, and just so happens to be the topic of conversation in this week’s new episode of Whiteboard Wisdom! In this conversation with Scott Luton, supply chain expert Marcia Williams discusses five key inventory management metrics that every supply chain professional should master. Join us as Scott and Marcia emphasize the importance of understanding the concept behind each metric and how they can vary depending on the industry and company strategy. Tune in to learn more about the need for continuous measurement, why you should adjust these metrics to reflect changes in the business environment, and so much more!