One Network Enterprises
OneNetwork is a company that assists in handling supply chains. They have a tool called the Digital Supply Chain Network™ that uses computer intelligence.
The Digital Supply Chain Network™ is a helpful tool that can assist businesses in enhancing their supply chain operations in many ways. It can help businesses to become more visible, make processes better, automate tasks, predict what people will want, and handle risks.
Here are some examples of how OneNetwork uses AI in its Digital Supply Chain Network™ tool:
- Improve visibility: OneNetwork uses artificial intelligence (AI) to gather and study information from different sources like ERP systems, transportation providers, and warehouses in order to enhance visibility. The information is used to make a live picture of how things are moving in the supply chain. This ability to see clearly can help us find possible issues and make things right. For instance, if a delivery is late, OneNetwork can utilize AI to inform the customer and give them a new estimated time of arrival.
- Optimize processes: OneNetwork uses artificial intelligence to find problems in supply chain processes that are not working efficiently. Once we find things that aren’t working well, OneNetwork can use AI to give suggestions on how to make them better. For instance, OneNetwork can use AI to find ways to make things happen faster or improve how quickly inventory is sold.
- Automate tasks: OneNetwork uses artificial intelligence (AI) to make tasks automatic. This includes things like processing orders and matching invoices. This allows employees to have more time to concentrate on other tasks. For instance, OneNetwork can utilize AI to automatically handle orders that meet specific requirements.
- Predict demand: OneNetwork uses artificial intelligence (AI) to forecast demand. It does this by studying past data and current trends. This information helps make sure there is enough inventory to meet demand. For instance, OneNetwork can utilize AI to forecast the expected need for a specific item in the upcoming holiday season.
- Manage risk: OneNetwork uses artificial intelligence (AI) to find possible risks and suggest ways to reduce them. For instance, OneNetwork can use AI to find out the chances of transportation delays or product recalls. OneNetwork can give suggestions on how to reduce these risks.
