AI 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.