The buzz behind artificial intelligence (AI) has gained steam and left many supply chain leaders wondering how they can leverage this emerging technology to enhance their operations. The answer is simple: Generative AI. While many supply chain leaders may be overwhelmed by the vast amount of information that has been released about AI in the last couple of years, implementing AI into your supply chain operations is simpler than you might imagine.

Rather than being its own hoard of separate software and systems to be added to your already long list of technology, AI should be leveraged to augment your existing technology and ultimately make your lives easier and your processes more seamless.

Enter: Generative AI.

Transforming Operations with Generative AI

Generative AI is a powerful tool for supply chain leaders seeking increased efficiency, agility and transparency. Generative AI creates models based on learned patterns and structures that can be trained on a particular set of operational data. While every supply chain has some amount of data flowing in and out of its systems, Generative AI is a great way to extend the value of that data, finding insights deep within the data sets that would otherwise have been missed by human data mining practices.

There are many benefits to leveraging generative AI on your organization’s data:

Efficiency: Generative AI can automate routine tasks and processes, eliminating tedious work from your employees and freeing them up to focus on more strategic tasks.

Agility: Generative AI can sift through and make sense of data much faster than a person can. Make informed decisions faster.

Transparency: It is important to have visibility into the day-to-day operations within your supply chain. Generative AI provides customizable reporting and operational metrics to enhance execution visibility for maximum transparency for management and associates.

These are just a few of the benefits achieved by leveraging Generative AI. However, your organization can only be sure to realize these benefits by adhering to a few keys to success:

Leveraging Quality Data: Generative AI accelerates the cleansing and synthesis of your existing data by 3x. This means that it is critical to ensure you are feeding the AI program with quality data, otherwise you will not receive quality output. Make sure your data is accurate and trusted across the organization before beginning to leverage Generative AI.

Identifying Outliers: Leverage your Generative AI tools to identify outliers in your data. While human data monitoring can be valuable, one of the benefits of AI is its ability to self-identify anomalies in the data set and bridge gaps in data using logical, learned patterns.

Utilizing External Data: Integrate weather, economic trends and sustainability factors and more for holistic insights.

Strategic Benefits of AI Integration

There are many ways that supply chain leaders can leverage Generative AI in their networks. Consider the following opportunities for improvement with AI.

Value-Creation Identification: Leverage AI to create value in your supply chain. Generative AI can analyze data to pinpoint strategic opportunities for improvement or realignment and operational weaknesses that should be addressed.

Scenario Planning: The supply chain hinges on several, constantly fluctuating variables, which creates significant complexity when making strategic business decisions. Generative AI can allow you to adjust these variables independently and visualize potential outcomes. Armed with the knowledge of what is likely to happen based on certain variables, you can make more business savvy decisions.

Scope of Visibility: Every supply chain has different operational levels that need to be monitored. Generative AI can zoom in or out of an operation, from global to continental, regional or local, providing insights at each operational level. This will ensure that customers at every level of your business are satisfied.

Domain Expertise: Generative AI has valuable applications across supply chain, operations and financial sectors.

• Supply Chain: Leverage Generative AI for demand forecasting, sourcing, manufacturing and more.
• Operations: Generative AI and improve quality control, sustainability and customer success across your organization.
• Financial: Generative AI is adept at fraud detection, compliance and insurance.

Leveraging Existing Technology with “Bolt-On’s”

One of the most practical ways to integrate Generative AI into your supply chain operations is by utilizing “Bolt-On” solutions. As opposed to going through the process of replacing your current systems, these enhancements can seamlessly attach to your existing systems, such as your host ERP, to infuse AI capabilities without the need for a complete system overhaul.

At enVista, we specialize in integrating AI solutions through “Bolt-On” technology, providing a straightforward and efficient path to modernize your operations.

Benefits of Bolt-On Solutions

Cost-Effectiveness: Implementing Bolt-On solutions is a cost-effective way to upgrade your technology. Unlike full system replacements, Bolt-Ons allow you to enhance existing infrastructure, significantly reducing implementation costs.

Speed to ROI: With quicker deployment times, Bolt-On solutions enable your organization to realize returns on investment rapidly. This accelerated ROI means that your operations can benefit from AI enhancements much sooner.

Compatibility with Host ERP Systems: Bolt-On solutions are designed to integrate seamlessly with host ERP systems like SAP. This ensures a smooth transition and consistent performance, maintaining the integrity of your existing workflows while introducing advanced AI functionalities.

At enVista, we are committed to enhancing operational efficiency through AI-driven solutions. Our expertise in integrating AI “Bolt-On” enhancements ensures that your business processes are optimized with minimal disruption. By partnering with enVista, you can leverage the full potential of Generative AI to transform your supply chain operations.

Explore how enVista can tailor AI solutions to meet your specific operational needs. Contact enVista today for more information on our AI solutions and integration services. Let us help you unlock the full potential of your supply chain with advanced AI technology. Let’s have a conversation.®