Enhancing Supplier Performance and Risk Management with AI/ML
· Source: dailyhostnews.com
In short
The article explores how AI and machine learning are revolutionizing supplier performance evaluation and risk management in procurement. It highlights real-world examples of improved demand forecasting, risk analytics, supplier selection, contract management, cost optimization, sustainability compliance, price variance analysis, and fraud detection, demonstrating significant efficiency and resilience gains across supply chains.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 23, 2025: Amazon and AI Drive Next-Gen Supply Chain Resilience and Sustainability
Tags: supplier, risk, forecasting, procurement, automation, analytics