{"id":27246,"date":"2020-11-18T10:35:07","date_gmt":"2020-11-18T15:35:07","guid":{"rendered":"https:\/\/stageres.blueridgeglobal.com\/?p=27246"},"modified":"2025-09-15T20:06:07","modified_gmt":"2025-09-16T00:06:07","slug":"what-is-the-value-of-ai-and-machine-learning-in-supply-chain-management","status":"publish","type":"post","link":"https:\/\/blueridgeglobal.com\/blog\/what-is-the-value-of-ai-and-machine-learning-in-supply-chain-management\/","title":{"rendered":"What is the Value of AI and Machine Learning in Supply Chain Management?"},"content":{"rendered":"<p><a href=\"https:\/\/www.dcvelocity.com\/articles\/47991-firms-will-drive-2t-a-year-in-value-from-machine-learning-in-supply-chain-management\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-27250\" src=\"https:\/\/blueridgeglobal.com\/wp-content\/uploads\/2020\/11\/SCP_graphic_v4-1024x931.png\" alt=\"machine-learning-in-supply-chain-management\" width=\"450\" height=\"409\" srcset=\"https:\/\/blueridgeglobal.com\/wp-content\/uploads\/2020\/11\/SCP_graphic_v4-1024x931.png 1024w, https:\/\/blueridgeglobal.com\/wp-content\/uploads\/2020\/11\/SCP_graphic_v4-300x273.png 300w, https:\/\/blueridgeglobal.com\/wp-content\/uploads\/2020\/11\/SCP_graphic_v4-768x698.png 768w, https:\/\/blueridgeglobal.com\/wp-content\/uploads\/2020\/11\/SCP_graphic_v4-1536x1396.png 1536w, https:\/\/blueridgeglobal.com\/wp-content\/uploads\/2020\/11\/SCP_graphic_v4-2048x1862.png 2048w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/a>AI and machine learning technologies, such as <a href=\"https:\/\/blueridgeglobal.com\/price-optimization-software-solutions-by-blue-ridge\/\">Price Optimization software<\/a>, are the future of forecasting. Need proof?<\/p>\n<p><a href=\"https:\/\/www.dcvelocity.com\/articles\/47991-firms-will-drive-2t-a-year-in-value-from-machine-learning-in-supply-chain-management\">DCVelocity<\/a> reported this week that &#8220;Firms will derive between <strong>$1.3 trillion and $2 trillion a year in economic value<\/strong> from using AI and Machine Learning in supply chain management and manufacturing&#8221;.<\/p>\n<p>That&#8217;s no chump change.<\/p>\n<p>So where do the financial gains come from? What are some examples of AI and machine learning in supply chain management? <a href=\"https:\/\/www.dcvelocity.com\/articles\/47991-firms-will-drive-2t-a-year-in-value-from-machine-learning-in-supply-chain-management\">Read the article here<\/a><\/p>\n<h3>Related:<\/h3>\n<p><a href=\"https:\/\/blueridgeglobal.com\/price-optimization-software-solutions-by-blue-ridge\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-26007\" src=\"https:\/\/blueridgeglobal.com\/wp-content\/uploads\/2020\/08\/PO-SCP-slick-861x1024.png\" alt=\"price-optimization-software-solutions\" width=\"200\" height=\"238\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI and machine learning technologies, such as Price Optimization software, are the future of forecasting. Need proof? DCVelocity reported this week that &#8220;Firms will derive between $1.3 trillion and $2&#8230;<\/p>\n","protected":false},"author":36,"featured_media":28174,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[57,52,82],"scp_topic":[185],"sector":[180],"technology":[177],"class_list":{"0":"post-27246","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blog","8":"tag-analytics-bi-benchmarking","9":"tag-change-management-adoption","10":"tag-data-science","11":"industry-generic","12":"scp_topic-generic","13":"sector-generic","14":"technology-generic"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/posts\/27246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/comments?post=27246"}],"version-history":[{"count":1,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/posts\/27246\/revisions"}],"predecessor-version":[{"id":35871,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/posts\/27246\/revisions\/35871"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/media\/28174"}],"wp:attachment":[{"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/media?parent=27246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/categories?post=27246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/tags?post=27246"},{"taxonomy":"scp_topic","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/scp_topic?post=27246"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/sector?post=27246"},{"taxonomy":"technology","embeddable":true,"href":"https:\/\/blueridgeglobal.com\/wp-json\/wp\/v2\/technology?post=27246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}