A Supply Chain is the interconnected network of organizations, processes, and resources involved in the production and delivery of goods or services from raw material sourcing to the end customer. In AI research, supply chains are studied as complex systems amenable to optimization, risk modeling, and automation across functions, including demand forecasting, inventory management, procurement, and logistics. Research challenges include handling disruptions, multi-tier supplier visibility, and real-time decision-making under uncertainty.
Procurement teams lose time and money to inaccurate demand forecasts and manual supplier negotiations. A new framework from NEC Corporation and NEC Laboratories America combines automated negotiation with multimodal AI forecasting to optimize both sides of the procurement process.
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NEC Laboratories America, Inc. (NEC Labs) is the US-based center for NEC Corporation’s global network of corporate research laboratories. Our diverse research groups collaborate with industry, academia and governments to provide disruptive solutions to complex problems. A leader in the integration of IT and network technologies with more than 100 years of expertise, NEC provides a combination of products and solutions that cross-utilize the company’s experience and global resources to meet the complex and ever-changing needs of its customers.