AI & BIG DATA
Supply Chain Digital examines the role of AI and Big Data in the logistics industry today
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I in logistics has undergone significant transformation over the years . With many companies in supply chain and logistics undergoing a digital transformation , the influence of new technology is accelerating at considerable speed . In order to remain successful and maintain a competitive advantage in the field , companies know that it ’ s essential to leverage AI and Big Data into day-to-day operations .
Although new , AI-driven concepts are being introduced , they aren ’ t new to the logistics sector . In fact , trucking , rail and ocean freight have been tracked by satellite through telematics for decades . However , the data hasn ’ t previously been utilised to its full capacity until recently . Elements of AI are now regularly used for predictive analytics in relation to intelligent transportation and route planning , demand planning and others . Some warehouse operations are also being integrated with augmented guidance and robotic systems to scale inventory management .
DECEMBER 2020