Supply Chain Digital Magazine July 2024 | Page 159

TECH & AI

“ Gen AI promises exciting new opportunities for WMS and other business applications , with unforeseen possibilities on the horizon ”

TIM MACHOLZ DIRECTOR – GLOBAL TECHNOLOGY GROUP HOULIHAN LOKEY

17,000 number of businesses worldwide with which SOTI is partnered scientists and academia to develop self-navigating , situationally aware aerial drones , for use in warehouses to automatically locate people , objects and packages .

“ AI-fueled intelligence helps today ’ s warehouses to predict and prevent device issues from occurring by analysing device data ,” explains Faki .
“ Gen AI can also automate repetitive tasks and support inventory management and demand forecasting to allow warehouses to be more prepared for changing consumer habits .”
Enthusiastic about the immense potential of this groundbreaking technology , Tim concludes : “ As Gen AI continues to advance , it promises exciting new opportunities for WMS and other business applications , with unforeseen possibilities on the horizon .” supplychaindigital . com 159