))
#526 AI In Business: How AI Is Transforming Supply Chains, Logistics & Quick Commerce
Manage episode 470214505 series 3475089
AI is reshaping the future of consumer goods, logistics, and quick commerce. In this conversation, Govindraj Ethiraj speaks with Suresh Narayanan, Chairman & MD of Nestlé India, about how AI is helping companies optimize supply chains, demand forecasting, procurement, and distribution.From reducing logistics costs by 500 million rupees to using AI for better coffee and cocoa price predictions, this discussion reveals how AI-driven predictive models are changing the game for businesses and consumers alike.(00:00) Introduction(01:50) How AI can help utilise all the data of consumer companies(03:30) The data and forecasting in coffee(05:43) The value of AI should be before it leaves the factories(08:18) AI and crop estimates(10:05) importance of data integrity(11:00) Logistics, delivery, and offtake cycles(13:21) Stocking and AI predictive(15:49) Quick commerce(17:55) Optimise volume business to pay for disaggregated business(19:46) Understanding the consumer space(21:30) Category wise consumer trends(22:44) Premiumisation for Nestle(24:00) What Nestle stands forAI is revolutionizing supply chains, logistics, and quick commerce. Watch our exclusive conversation with Suresh Narayanan, Chairman & MD of Nestlé India, on how AI is optimizing demand forecasting, procurement, and distribution.
The Core and The Core Report is ad supported and FREE for all readers and listeners. Write in to [email protected] for sponsorships and brand studio requirements
For more of our coverage check out thecore.in
Follow us on:
Twitter | Instagram | Facebook | Linkedin | Youtube
574 episodes
Share
