Artificial Intelligence (AI) is empowering businesses to deliver never-before-seen logistics efficiencies. It’s helping a leading 10-minute grocery provider to scale its on-demand delivery businesses by 25x in six months and fulfill on-time delivery promises every time. Thanks to AI and predictive analytics, a Fortune 100 conglomerate saves up to 80% in incidental costs. Numerous use cases exist where AI and related cutting-edge technologies have significantly impacted companies’ bottom lines by increasing efficiencies and maximizing resource utilization.
McKinsey report also found that early adopters of AI supply chain solutions reported a 15% reduction in logistics costs. Let’s see how AI is and will revolutionize the future of logistics.
Generative AI will Fuel Autonomous Supply ChainsLogistics operations depend on multiple variables. What if one of the variables falters and topples the entire supply chain? Well, AI works as an antidote for logistics-powered businesses here. It accurately identifies faults in these disparate variables. Having said that, Generative AI will eventually help not only zero in on optimization pockets and issues and improve data quality but also guide the user to the right call to action and often make the decision by itself.