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This content is taken from the Coventry University & Institute of Coding's online course, Using Artificial Intelligence (AI) Technologies for Business Planning and Decision-making. Join the course to learn more.

Skip to 0 minutes and 12 secondsSo now that we have explored how data is gathered and analysed using AI to optimise the supply chained milk lets consider the bigger picture. What other uses could we have for this data and its analysis? So far we have looked at milk from production to sale but what else? Could we use the same data to inform environmental policy? For instance looking at climate change contributions from dairy farms to explore how small changes say drinking one pint of milk less per week might affect overall global warming by reducing CO2 gas emissions. Perhaps this data could also be used to explore deliveries using autonomous or electric vehicles.

Skip to 0 minutes and 53 secondsIf shops combine the sales data on milk with other sales data to learn which products are purchased at the same time could this inform shop layout? Should they put products that are often purchased together next to each other for customer convenience or should they place them further apart so that customers walk past other products and make impulse purchases. The more data we analyse the more knowledge we create, the more knowledge we create the better informed our decisions are. The better informed our decisions are the greater the potential benefit to our businesses, our lives, our environment and the better the future for us all.

Skip to 1 minute and 32 secondsWe hope you enjoyed this introduction to AI technologies and that it has helped you explore how AI can assist you in your planning and decision making.

AI technologies and the supply chain: the bigger picture

Data that has been gathered for one purpose might be used for another.

Consider the bigger picture: what other uses could we have for the data and its analysis? So far, we have looked at milk from production to sale, but what else? Could we use the same data to inform environmental policy or change shop layout?

The more data we analyse, the more knowledge we create; the more knowledge we create the better informed our decisions are; the better informed our decisions are, the greater the potential benefit to our businesses, our lives and our environment.

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This video is from the free online course:

Using Artificial Intelligence (AI) Technologies for Business Planning and Decision-making

Coventry University