Industry — McKinsey

Manufacturing, supply chain see greatest cost savings from AI: McKinsey

AI Hotel Hard Rock Riviera Maya McKinsey savings supply chain

Manufacturing, supply chain see greatest cost savings from AI: McKinsey

Manufacturing, supply chain see greatest cost savings from AI: McKinsey   Credit: Getty Images Dive Brief: Supply chain and manufacturing are two functions most likely to see cost savings as a result of using artificial intelligence (AI), according to a recent survey by McKinsey and Company that asked hundreds of respondents about the benefits their companies were seeing from AI and its impact on organizations. The survey found 64% of respondents saw cost reduction in the manufacturing space while 61% saw a reduction in supply chain planning costs. The report suggests the supply chain savings are the result of better spend analytics...

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