Artificial Intelligence for Efficiency Sustainability and Inclusivity in TradeTech 2025
Page 15 of 36 · WEF_Artificial_Intelligence_for_Efficiency_Sustainability_and_Inclusivity_in_TradeTech_2025.pdf
Smart sourcing
AI’s ability to analyse complex, multidimensional
data in real time can revolutionize the sourcing and
movement of critical raw materials. In the past 20
years, trade in energy-related minerals has risen
from $53 billion to $378 billion – a compound annual
growth rate of 10%, which is likely to increase as the
world’s reliance on advanced technologies grows.15
But the historic volatility of metal prices poses
challenges for consumers who need stable prices
and reliable supply chains. AI can help offset the
volatility of these markets through:
–Rapid and incisive analysis: Price data,
global economic statistics and market sentiment
are all factors that affect supply chains. AI
and especially ML tools can identify patterns
that enable leaders to make more accurate
predictions about future pricing.
–Real-time insights: AI tools can continuously
monitor news and social media to assess how various events may impact metal prices.
This provides real-time insights that enable
faster decision-making.
–Enhanced risk management: AI can easily
identify unusual trading patterns or price
movements, allowing for quicker detection
of market inefficiencies and new trading
opportunities. Pattern recognition can flag errors
and reduce risks by identifying trades that do
not fit expected behaviour.
–Faster trade execution: AI-driven systems can
automate the process of capturing and entering
trades into trading platforms, reducing manual
input errors.
The assets of AI can augment human intelligence
and create a smarter, better-informed workforce
with greater visibility over global markets. By
reducing risk and costs, such tools allow access
to a greater supply of critical raw materials at better
prices for end consumers.
Current and future applications of AI across supply chains FIGURE 5
Current applications:
Supply chain mapping/uni00A0
Party authentication through digital ID
Internet of things (IoT) sensor networks/uni00A0
Flagging suspicious transactions
and illicit trade
Counterfeit detection
Fake review detection
Future applications:
Full traceability through transparent
supply chainsCurrent applications:
Facility-level Scope 3 emissions
measurement
Predictive maintenance/uni00A0
Demand prediction
Computer vision for automated recycling
Future applications:
Global Scope 3 emissions tracking
Maintenance automation
Zero waste in manufacturing
Perfect demand prediction, eliminating
surplus inventory
De-centralized autonomous
manufacturing and delivery units (AMDU)Current applications:
Demand prediction
Market history analysis
Fraud alerts
Translation and localization/uni00A0
Dynamic pricing
Future applications:
De-centralized trade networks
and peer-to-peer transactions/uni00A0
AI-managed decentralized autonomous
organizations (DAOs)
AI agents trading automatically
through digital IDs/uni00A0
Flexible factories and synthetic digital assets
Ethical sourcing through transparent
supply chains
Perfect localizationTraceability, fraud
and information verification Circular economy Sourcing and purchasing The assets
of AI can augment
human intelligence
and create a
smarter, better-
informed workforce
with greater
visibility over
global markets.
Artificial Intelligence for Efficiency, Sustainability and Inclusivity in TradeTech
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