WHY IS NOW THE RIGHT TIME ?
AI & BIG DATA
56 is imperative ,” he says . “ Logistics teams need to have a comprehensive picture of their data at every stage of its journey . This will allow them to act on immediate real-time information with agility and proactivity , to ensure an undisrupted and optimum logistical process . Ultimately , empowering them to drive their business success .”
WHY IS NOW THE RIGHT TIME ?
2020 has been disruptive across industries the world over . This has meant that businesses have had to be agile and quick on their feet to adapt to the demands of the modern world . At the moment , AI has never been so accessible and affordable . This has already made narrow forms of AI present in the consumer space with the enterprise and industrial sectors soon to follow . In logistics , the network -based nature of the industry offers a natural framework for introducing and scaling AI , accelerating the human components of highly organised global supply chains .
In a collaborative report by DHL and IBM on the implications and use cases for the logistics industry , it was highlighted that logistics firms are uniquely poised to benefit by introducing AI into all aspects of the supply chain . According to the report , “ one of the most underutilised assets in the industry is the high volume of data that supply chains generate on a daily basis . This data is both structured and unstructured , and AI will enable logistics companies to exploit it .
“ While the industry is well-versed in data , there is a huge opportunity to carve the future of logistics with Big Data and AI ”
— Simon Hayward , Vice President for EMEA , Domo
DECEMBER 2020