The piece argues that while AI can enhance data analysis and information sharing, it cannot replace the emotional intelligence and rapport built through personal connections. Companies that prioritize these interactions, alongside AI, achieve greater resilience, innovation, and cost advantages. The article advocates for a balanced approach, where AI and human engagement work together to drive success in the evolving supply chain landscape.
Key takeaways:
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- AI has significantly streamlined supply chain management by processing data in real-time, but human connections remain crucial for supplier relationships.
- Face-to-face interactions, such as supplier days, are essential for building trust, fostering innovation, and ensuring effective collaboration within complex supply chains.
- Trust and emotional intelligence are vital in technology procurement, as they help align objectives and drive results, complementing AI-driven insights.
- Leading companies are reviving in-person supplier events to enhance resilience, cost advantages, and innovation, demonstrating the importance of human engagement alongside AI.