Episode 1116: Think Tank: How AI can help chemicals navigate Suez, Panama crises

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Artificial intelligence (AI) can help chemical companies understand the impact of logistics events such as the Panama and Suez canal crises, as well as improve forecasting of demand and pricing. -          AI can help predict impact of events on demand patterns, allocate supply to different locations-          Univar Solutions uses AI to correlate weather patterns, customer order patterns to help forecast demand-          ICIS uses AI to inform scenarios for price and demand forecasting-          AI allows distribution customers create formulations more efficiently-          AI helps customers speed up vetting of customers and pricing-          AI can aid analysis of events such as the Panama Canal and Red Sea crises