Artificial Intelligence (AI) in Supply Chain and Logistics

10th article

What is one of the key advantages AI provides in supply chains?

a) Eliminates the need for human decision-making
b) Increases operational costs
c) Enhances demand forecasting and capacity planning
d) Reduces automation efforts

c) Enhances demand forecasting and capacity planning

According to the article, how is global spending on IIoT platforms expected to grow from 2018 to 2024?

a) From $1.67B to $12.44B
b) From $5B to $20B
c) From $500M to $10B
d) From $3B to $15B

a) From $1.67B to $12.44B

How does AI contribute to inventory management?

a) By reducing supplier diversity
b) By predicting and preventing stock-outs and overstocking
c) By eliminating warehouses altogether
d) By making inventory management slower but more accurate

b) By predicting and preventing stock-outs and overstocking

Which company used ThroughPut’s AI-powered supply chain intelligence to optimize logistics and reduce costs?

a) Walmart
b) Metro Railroad North
c) Amazon
d) Church Brothers Farms

d) Church Brothers Farms

What is one challenge mentioned in the article regarding AI adoption in supply chains?

a) AI completely replaces human decision-making
b) High costs of AI training and implementation
c) AI systems always make perfect predictions
d) AI removes the need for contingency planning

b) High costs of AI training and implementation

How did AI help a coffee retail chain improve its inventory management?

a) By eliminating the need for inventory tracking
b) By automating order placements without human intervention
c) By optimizing stock levels and reducing waste
d) By reducing the number of SKUs offered

c) By optimizing stock levels and reducing waste

What is one way AI enhances logistics management?

a) By reducing the need for transportation infrastructure
b) By using predictive analytics to anticipate delays
c) By eliminating manual warehouse operations entirely
d) By slowing down delivery times to reduce costs

b) By using predictive analytics to anticipate delays

What percentage of manufacturing executives reported decreased costs due to AI implementation, according to McKinsey?

a) 25%
b) 50%
c) 61%
d) 80%

c) 61%

What factor is critical for companies before implementing AI in their supply chains?

a) Having a fully automated workforce
b) Assessing digital readiness and existing technology infrastructure
c) Eliminating human roles in logistics
d) Using AI only for warehouse operations

b) Assessing digital readiness and existing technology infrastructure

According to the article, what is the future role of AI in supply chains?

a) It will gradually replace all human workers
b) It will focus on reactive intelligence rather than predictive analytics
c) It will shift toward predictive, adaptive, and continuous learning systems
d) It will only be used for large corporations with global operations

c) It will shift toward predictive, adaptive, and continuous learning systems