AI technology is reshaping supply chains, enabling quick adjustments to consumer demands and inventory management. Companies face increasing challenges, with 59% reporting heightened supply-chain issues, and 82% planning to invest more in AI solutions. Walmart has adopted AI systems for tracking trends, forecasting demand, and reducing overstock, leading to accelerated project completion times. This advancement allows retailers to respond more effectively to market demands, ensuring that products reach customers efficiently. Walmart's Trend-to-Product system exemplifies this approach by utilizing data to drive product development directly.
Walmart has developed a system called Trend‑to‑Product-an AI-driven, multi-agent engine that tracks trends (using social media, search data, etc.), generates mood boards and product concepts, and feeds them directly into prototyping and sourcing processes.
According to a recent Nvidia survey, companies are feeling the pressure, with 59% of respondents saying that their supply-chain challenges have grown in the past year.
At this scale, the only way to move faster is to move smarter,
82% of companies planning to increase spending on AI-powered supply-chain tools in the next fiscal year.
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