Unlocking Supply Chain Costs with AI: A CFO’s Perspective

THE MODERN CFO: STRATEGIST, INNOVATOR, LEADER

Unlocking Supply Chain Costs with AI: A CFO’s Perspective at the CFO Forum

AI’s Impact on Supply Chain Cost Management

At the recent CFO Forum, DMS presented on how AI is transforming supply chain cost management. Titled “Unlocking Supply Chain Costs with AI: A CFO’s Perspective,” the session showed how AI enhances efficiency, resilience, and financial performance in supply chains.

Speaking to CFOs and senior executives, DMS outlined AI’s journey from simple rule-based systems to advanced digital twins and generative models. “Today’s AI empowers CFOs to achieve new efficiencies,” said Elton Brown, Senior Business Consultant at DMS. These tools support precise forecasting and quick responses to disruptions—key advantages in uncertain times.

Real Results: Efficiency and Resilience

DMS shared examples of AI-driven results, including a 30% drop in forecast errors, a 40% reduction in planning cycle times, and a 15% cut in costs. While cost savings matter, DMS stressed that AI’s real strength lies in creating resilient supply chains. “In an unpredictable world, resilience is as crucial as efficiency,” they noted, emphasising AI’s dual role.

Assessing AI Readiness with DMS Solutions

DMS encouraged CFOs to gauge their AI readiness with its Supply Chain Maturity Assessment. This tool benchmarks processes, tools, and data against industry standards, offering insights tailored to each organisation’s needs.

Until next year: CFO Forum 2025

DMS at the 2024 CFO Forum

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What DMS Customers Have to Say

"With DMS Consultants at our side, the deployment and implementation of Logility at CR exceeded our expectations. Their expertise and dedication were evident every step of the way, ensuring a smooth transition and rapid adoption across our organisation. Thanks to their collaboration and Logility’s powerful capabilities, we’ve achieved significant improvements in forecast accuracy and operational efficiency"
Manpreet Sandhu
S&OP Manager ME, CR Powered by Epiroc