10 Generative AI Supply Chain Use Cases in 2023

7 Ways in which Cloud and AI can boost integrated logistics AI agents can play a crucial role in dynamic inventory replenishment by leveraging their ability to analyze vast amounts of data, detect patterns, and make accurate predictions. Recently we came across one theoretical multi-agent implementation in the literature for sustainable supplier selection. AI agents…

Cost variance in project management

The sum of all variances gives a picture of the overall over-performance or under-performance for a particular reporting period. For each item, companies assess their favorability by comparing actual costs to standard costs in the industry. An example of a CV is if a company had $ actual purchase expenses for June of $1000, but the…