Agentic AI is the Next Frontier in Forecasting & Planning

Generative AI (Large Language Models that analyze large data sets and create outputs for various applications) have taken hold across many industries and disciplines, including Supply Chain Management. The next frontier in AI technology is Agentic AI that goes beyond creating outputs to manage processes independently, such as gathering and managing data and connecting different platforms and business functions. In this article, I reveal how agentic AI can combine with generative AI to build a framework that facilitates the integration of all required information, people, technology and processes to create digital twins that perform scenario planning and generate forecasts. The challenges of building such a framework are shared, along with the ‘human’ competencies these models must possess to be effective in a VUCA ...