OPERATIONS
AI technology to predict the likelihood of successful deliveries , enabling merchants to optimise their operations .
By minimising failed attempts , reshipments and return shipments , these firms can significantly reduce costs as well as their carbon footprint .
“ UPS Capital is committed to promoting sustainability in the lastmile delivery industry through its innovative AI-driven solutions ,” Archita continues .
“ Furthermore , UPS leverages AI for fleet management , inventory distribution and orchestration , ensuring its own last-mile operations are as sustainable and efficient as possible .”
AI ensures a sustainable last mile As Archita alludes to , the power of AI can already be seen in various elements within the supply chain ecosystem , including fleet management .
Firstly , these AI-driven systems have the ability to optimise vehicle routing by analysing real-time data , such as traffic patterns , weather conditions and vehicle performance , to determine the most efficient routes for delivery vehicles .
What ’ s more , by considering factors like road condition , speed limits and potential obstacles , AI can help drivers avoid congested areas and minimise idling time , thus reducing fuel consumption and cutting down
104 July 2024