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Stock impact report

Why The AI Era Demands A Renaissance Of Face-To-Face Supplier Days [Forbes]

Thermo Fisher Scientific Inc (TMO) 
Last thermo fisher scientific inc earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Forbes
One of the less colloquially hyped but no less important benefits of AI-assisted technology has been a broad streamlining of supply chain management. AI has enabled a revolution at all levels of supply chain management and optimization, processing vast amounts of data and making predictions in real-time to monitor product quality, balance inventory levels, identify efficient delivery routes and storage—all while reducing human error and limiting time and cost overrun. Despite these advancements, the need for human connection in supplier relationships has become even more critical. In an era dominated by virtual meetings and digital tools, in-person, “many-to-many” interactions such as supplier days are making a comeback as a cornerstone of strategic collaboration, value creation and risk management. Within supply chain management, this kind of thinking can be counterintuitive. Is communication truly necessary between second- or third-degree connections whose relationship may be p Show less Read more
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