It’s rare that I decry EDI, but I encourage a serious look into how and if this bastion of trade is keeping up with the needs of commerce and incorporating the most appropriate technologies. Here’s a look at what might be a shortcoming that needs to be addressed.

In the past decade, Artificial Intelligence (AI) has come out as something that people use almost every day without even realizing it. Apart from powering a huge number of applications and other digital devices, this technology stands to benefit all industries including supply chain. In fact, many companies have already started benefiting from investing in AI. A report by State of Artificial Intelligence for Enterprises shows that supply chain is one of those areas which will significantly benefit from AI. On the other hand, PwC states that AI could inject up to $15.7 trillion to the global economy by 2030.