AI Poised to Strengthen US Manufacturing Revival Through Smarter Supply Chains
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As manufacturing returns to the US, AI can help improve collaboration between companies and suppliers by streamlining communication, predicting issues, and optimizing inventory.
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AI tools can analyze supply chain data to identify inefficiencies, delays, and problems. This allows companies to strengthen relationships with suppliers through better planning.
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AI enables automation and smart contracts between buyers and suppliers, reducing manual work, mistakes, and procurement costs. It also facilitates volume discounts and special pricing.
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While AI handles data analysis, human collaboration is still essential for knowledge transfer between experts, especially amid generational shifts in the workforce.
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Real-time MRO inventory visibility enabled by AI gives companies the flexibility to respond quickly to operational and procurement needs as production moves back onshore.
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