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Regulation
The AI difference
Today, three years ahead feels like long-term planning thanks to geopolitical disruptions affecting everything from material sourcing to shipping. To deal with this, companies need to connect and make sense of their data to make prompt decisions. To do so, the data offered by process mining is a foundation, but AI and machine learning have an important role to play in helping supply chain leaders make decisions quickly.
Process mining, combined with AI, connects and makes sense of data across the supply chain in real time. Large Language Models are already enabling commodity purchasers to scan technical drawings, previous negotiations, and supplier information. Co-pilot apps are helping to reduce excess inventory by helping technicians find nearby warehouses with spare parts. Generative AI can offer humanlike decision making even for complex supply chain decisions.
Why digital twins deliver
By acting as a living digital twin, process intelligence can help leaders contain costs and optimize cash. It can do this by offering instant assessments of tariff exposure and financial risk, zeroing in on materials, suppliers, and customers impacted by tariffs.
This enables cross-functional teams from procurement, supply chain, and sales to come up with the right response.
Conventional ERP systems that store transactional data do not store data in a‘ common language’ which people and other IT systems( such as those for controlling contracts with customers or supply chain partners) can understand. Process intelligence offers clarity to untangle supply chains, leading to data-driven decision-making with the help of AI, and greater resilience across the organization. This means supply chain leaders can efficiently highlight problems such as at-risk materials that lack alternative suppliers and notify procurement teams to begin negotiations for alternative sourcing options.
Navigating the tariff era
Supply chain leaders need new tools to survive in a world of change. Process intelligence is key to delivering transparency and real-time visibility for businesses to adapt at pace. Using such technology to build a‘ digital twin’ of their supply chains, leaders can ensure procurement teams can work with other parts of the business and with partners to mitigate the effects of tariffs. Paired with AI, process intelligence offers a new way to navigate a world of constant disruption and still deliver. ■
Peter Budweiser www. celonis. com
As General Manager Supply Chain at Celonis, Peter Budweiser leads the development of innovative supply chain applications, focusing on inventory management, procurement, order managements, and logistics. Leveraging the power of the Celonis Process Intelligence Graph, Peter is at the forefront of shaping the digital supply chain landscape.
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