What can’t it do?

While it’s great for automating many tasks and can instantly discover many insights that would take a person a long time, it can’t serve as a replacement for human intuition.

AI is only ever as good as the data that is fed into the algorithm so if your data is inaccurate then the predictions will be also. There are often things that an inventory manager would know about future events that won’t exist in the data, so in these cases the forecasts will need to be adjusted by the person responsible.

So I don’t see it replacing jobs in the immediate future, it will definitely free up time and allow smart operations and inventory managers to show more of their own creativity and smarts, instead of being consumed with the technical day-to-day busy work. It will make your business leaner, more efficient, and overall more competitive.