Logistics is
one of the industries that has been transformed using artificial intelligence
(AI), which has opened new possibilities and opportunities for companies. By
leveraging AI and big data, logistics firms are becoming more dynamic and
better equipped to anticipate demand and operate more efficiently, which
translates into growth and competitive advantages.
Below are
some examples of how AI is being used to improve logistics:
Automated
warehouses: AI-powered management software and applied robotics can automate
operations such as product transport and placement, allocating only the
necessary resources for each task. Smart warehouses use AI to visualize object
data and automate day-to-day operations, such as goods receipt and wrapping.
Overall, AI can bring significant benefits to logistics and warehouse management, improving efficiency, reducing costs, and enhancing customer
satisfaction.
Supply chain
automation and visibility: Many processes in supply chains can be automated
using AI, from real-time purchase order monitoring and inventory updates to
issuance of supply orders, while improving goods traceability.
Transport
coordination: AI can help define optimal delivery routes, as well as
recalculate and modify them in real-time if necessary, providing better
warehouse management.
Increased
productivity: Algorithms and automated calculations result in better solutions
to increase productivity in the warehouse, and AI-controlled robots ensure
simultaneous and error-free communication.
Accounting
processing: AI can handle high volumes of essential business roles, such as
processing millions of invoices from thousands of vendors, partners, and
suppliers, taking the burden off logistics accounting teams. Spoken language
processing technologies can extract essential information, while RPA bots can
extract and enter data into the company software with no human intervention.
Some systems can even detect invoice fraud.
AI is
transforming the logistics industry and improving operational
efficiency, which ultimately benefits companies and consumers alike.
The Wall