Affiliation:
1. BlueYonder Inc., USA
2. Vivekananda Institute of Professional Studies, Technical Campus, India
Abstract
This chapter explores the transformative potential of integrating artificial intelligence (AI) with quantum computing to revolutionize inventory management practices. In today's dynamic business environment, efficient inventory management is paramount for organizations seeking to meet customer demand while minimizing costs and maximizing profitability. By harnessing AI's cognitive capabilities and quantum computing's computational prowess, this chapter elucidates how organizations can achieve unprecedented levels of optimization in their inventory operations. From demand forecasting and order fulfillment to supply chain optimization and risk mitigation, AI-driven quantum computing empowers organizations to make data-driven decisions with unparalleled accuracy and agility. Through real-world examples and case studies, this chapter showcases the tangible benefits of leveraging AI and quantum computing in inventory management, paving the way for enhanced operational efficiency, improved customer satisfaction, and sustainable competitive advantage in the marketplace.
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