Merck KGaA is using artificial intelligence to better understand how its pharmaceutical products, including fertility and oncology drugs, traverse a network of suppliers and partners that is becoming more complex. It’s the latest leg in the German company’s journey from reacting to changes in the supply chain to predicting them and prescribing corrective actions, says Alessandro De Luca, CIO of Merck’s health-care division.
For companies such as Merck, improving supply chain efficiency by even a single percentage point can add millions of dollars to the bottom line. And, as De Luca tells CIO.com, Merck’s use of AI in the supply chain is also an example of how intelligent software can help humans make better business decisions.
To read this article in full, please click here
(Insider Story)
Read More from This Article: Merck prescribes AI for supply chain complexity
Source: News