Oracle CEO Mark Hurd on the New Wave of Supply Chain Automation
Oracle CEO Mark Hurd on the New Wave of Supply Chain Automation

Automation technologies are no longer a competitive advantage for many businesses; they're becoming a baseline necessity for companies that want to keep pace. According to Gartner, "by 2023, at least 50% of large global companies will be using AI, advanced analytics and IoT in supply chain operations."* Automation is a growing trend in the supply chain market as businesses look for ways to gain efficiencies. "When you automate something, not only does it get done faster - the service level, the speed, goes up at the same time," Oracle CEO Mark Hurd said at Oracle OpenWorld 2018. AI allows supply chain leaders to use the immense amounts of data available to them to better orchestrate and optimize their processes, from sourcing to completed transactions.

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