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Stock impact report

Food manufacturers harness AI in quest for supply-chain efficiency [Yahoo! Finance]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: Yahoo! Finance
Experts have speculated how the technology could be deployed across the supply chain and what improvements it could bring across different business processes and functions. It is anticipated AI could deliver significant gains in areas like food manufacturing and the supply chain and, in some industry sectors, the technology has already been deployed in these areas with varying degrees of success. Projects underway A number of the large food groups have already run trials or pilot projects employing AI in areas where it is perceived easy gains can be made. These areas are typically where businesses have historically gathered lots of data. “One of the benefits with AI is it very quickly can analyse large amounts of data and identify trends and irregularities,” explains Mikael Bengtsson, solution strategy director covering the food and drinks sectors at cloud company Infor. “The same could in theory be made by humans but it would take much longer and likely be obsolete by the tim Show less Read more
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