Only 7% of supply chain executives report to have implemented a GenAI use case. Why? Data readiness emerges as the top challenge. I’m thrilled to share EY’s latest global study exploring the adoption of GenAI in supply chains, in collaboration with HFS Research. Our research shows that GenAI is accelerating the rise of the autonomous supply chain worldwide. Find out how leading organizations are using GenAI to drive the journey to the autonomous supply chain, here: https://lnkd.in/e-VA9zHa #SupplyChain #GenAI #BetterWorkingWorld #EYSupplyChain Matthew Burton, Sumit Dutta, David Guarrera, Jocelyn Hallum, Ayoub Abielmona, AnnMarie Pino, Joe Morecroft, West Coghlan, Gautam Jaggi, Dan Diasio, Pierre Beaufils, Ashutosh Dekhne, Paul Barsch, Atul Chandna, Katrin Malken, Ron Rubinstein, Phil Fersht, Saurabh Gupta, Elena Christopher, Emma Melando, Sia Rostami Ravari, Ashish Chaturvedi
Thanks for the report. Interesting points mentioned. The potential of GenAI is huge. Of interest is the demand forecasting use case where everyone is interested because it directly impacts the revenue. Demand accurately forecasted helps in planning the procurement which helps in strategy. I am getting enquiries on demand forecasting from diverse industries.
Excellent study and proud to have contributed to the work. With GenAI it really feels like we are at the beginning of the next wave of disruptive change and opportunity for Supply Chain and Operations
Exciting insights. Looking forward to diving into the study. 🌐
Outstanding study Glenn A. Steinberg! Couldn't agree more with the data readiness prerequisite... no foundation, no house; no ready data, no AI. Let's talk #Snowflake and our alliance offering #SupplychainInsights
Very insightful findings in this timely study, honored to have contributed to the effort! "The greatest gains from GenAI come when projects align to a strategic vision, data is AI-ready and value is maximized by addressing cyber and data risks."
Strategic planning is indeed critical for successful GenAI implementations. Great insights!
Thanks for sharing Glenn and for everyone in my network, this is an incredible body of relevant research. Well done to the team and HFS 👏🏾👏🏾👏🏾 #supplychain
Thanks for sharing Glenn. Truly impressive study and valuable insights!
President, Research and Advisory at HFS Research
1moReally enjoyed the collaboration Glenn A. Steinberg Matthew Burton Sumit Dutta and the entire EY team!