Reflections on Digital Supply Chains & Platforms
AI is the darling of the moment and the corporate meme-stream. So much so, it’s forcing some CFOs into tough discussions with executive teams that are overly anxious to gamble with current assets in hopes of gaining future competitive advantages. How can companies avoid overspending in AI? AI certainly holds serious potential, even as research continues to… Continue reading How to Avoid Overspending on AI
Artificial intelligence (AI) is a fast-moving technology with a long road ahead of it. For all its surrounding hype, AI is still in its infancy. Intelligent systems have moved from simple, rule-based tasks such as spell-check into narrow machine-learning activities such as predictive maintenance and work automation, but they remain far from their ultimate destiny… Continue reading Will You Embrace AI Fast Enough?
I held a podcast this week with Supply Chain Management Review on the topic of AI in Planning. We discussed the structural complexities facing demand and supply planning functions today and the imminent role of AI and machine learning. You can view the podcast below: Key takeaways Businesses across all sectors are pressuring supply chains to… Continue reading AI in Supply Chain Planning – Podcast
AI progress has been uneven in the past 5 decades, with spurts of breakthrough followed by “winter-like” stagnation. Barriers like technology cost, organization capability and ineffective policies held back AI from going mainstream. Yet, this trend shifted starting in 2005 with performance breakthroughs across numerous cognitive applications. Convergent advances across three enablers: computing power, training data,… Continue reading Artificial Intelligence Coming of Age
Last week, I facilitated a cross-functional workshop with The World Economic Forum, and several tech startups (Noodle A.I., Rage Framework, Enterra) to investigate the impact of Artificial Intelligence (AI) on global production and value chain. WEF NY Workshop 1) The very definition of A.I. itself is vague - we had many different definitions of AI,… Continue reading AI + Future of Production with WEF
Advances in digital technologies such as the Internet of Everything, Deep Learning, 3D Printing and Big Data are disrupting business models and their respective supply chains. As supply chains become more digital, they increasingly benefit from platforms. A set of common digital technology powered processes, tools and approach allowing users to create value by adding… Continue reading The Rise of Digital Supply Chain Platforms
Michael Hu | BCG 