AI Drives Transformation in Global Supply Chains, Says Alibaba's Kuo Zhang
Kuo Zhang from Alibaba.com discusses the pivotal role of AI in transforming global supply chains and the workforce, highlighting both the opportunities and challenges faced by organizations in implementing AI strategies.
Small businesses and enterprises face similar challenges as they attempt to harness AI to scale operations and build resilience in global supply chains. Despite leaders recognizing the need for urgency in AI implementation, they encounter various obstacles like structural hurdles and cultural resistance, which slow down progress. Kuo Zhang of Alibaba.com emphasizes how AI can streamline supply chains and revolutionize traditional business models. However, bridging the gap between understanding AI's potential and actual implementation remains a significant hurdle for many companies. According to the U.S. Census Bureau's Small Business Pulse Survey, 38.8% of businesses report challenges in digital transformation initiatives. This statistic underscores the pressing need for strategies that not only integrate AI effectively but also transform the workforce to be adaptive to technological advancements. Alibaba's experience shows that fostering an innovative culture and adapting structural practices are key to overcoming these barriers, allowing companies to fully realize AI's transformative potential. Read more insights on Alibaba's vision for AI in the original piece at Emerj.
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