Embedding AI technologies throughout supply chain operations has the potential to reshape risk management. In fact, new data found that enterprises using unified AI platforms in their supply chain operations achieve significantly better outcomes than those using isolated solutions. As AI proves its value in supply chain management, organizations that fail to adopt it risk falling behind, especially as competitive pressure accelerates the AI arms race.
AI offers organizations numerous competitive advantages in the management of supply chain risk. It creates visibility into supplier risk, ensures regulatory compliance, contributes to due diligence processes and drives operational resilience. Despite AI being the foundation of a digital revolution across the globe, the failure to leverage AI securely has potential to bring more threats than opportunities. JPMorgan’s CISO warned of the amplification of risk introduced by applications of AI and the need for more security controls.
To fully reach the potential of AI, security needs to be at the forefront of implementation. Not only within an enterprises’ own organization, but AI security must also be integrated into third-party…
