latentbrief
Back to news
General1h ago

AI Fails to Meet Expectations in Distribution Industry

The Colorado Sun, Yahoo Finance1 min brief

In brief

  • Distribution companies invested in artificial intelligence to improve the bottom line.
  • They expected a minimum of 2% pricing and margin improvement.
  • Only 16% of 426 distribution companies hit that mark.
  • Many have invested or are piloting AI systems but 54% said they didn’t have AI on their roadmap.
  • The gap between expectation and reality is more of a timing gap and not a value gap.
  • Companies will likely continue to explore AI solutions in the future.

Read full story at The Colorado Sun, Yahoo Finance

More briefs