‘AI-Powered predictive analytics can help countering disruptions’

Amit Tandon, Managing Director & CEO, Asia Shipping India says,“By embracing advancements like AI, IoT, and blockchain, businesses can build more resilient, adaptable, and efficient supply chain algorithms. AI-powered predictive analytics can identify potential disruptions before they happen, enabling proactive responses. IoT devices provide real-time tracking of shipments and inventory, ensuring quick reactions to delays or shortages. Automation streamlines operations, reducing human error and improving punctuality and productivity, while cloud computing offers the flexibility to scale quickly in response to changing conditions. With these technologies, companies can better diversify and augment their supply chains, enhance disaster management and recovery, and ensure smoother operations, even in the face of unexpected challenges and hazards.”