Section Subsection Summary
AI in Supply Chain Management Historical context and pre-AI methods Before AI, supply chain was like predicting weather; often inaccurate guesses based on human intuition.
Benefits and challenges brought by AI AI offers predictive analysis for efficient inventory management but needs judicious use to avoid oversights.
AI’s Role in Fraud Detection Traditional fraud detection mechanisms Fraud detection was tedious, relying on manual transaction checks.
Revolution catalyzed by AI-driven techniques AI systems can spot transaction anomalies, enhancing security and trust.
Human-AI Synergy in Operations The evolving relationship between humans and AI Rather than replacing humans, AI augments human capabilities for collaborative problem-solving.
Advancements and implications of collaborative robotics ”Cobots” assist humans in tasks, improving efficiency and safety in operational settings.