Artificial intelligence in logistics can help logistics and supply chain managers to operate as efficiently as possible. By using AI and other modern technologies, it is possible to achieve significant cost savings while improving the quality of service to customers.
Nowadays, logistics and supply chain management (SCM) is a very dynamic and rapidly changing field. The demand for fast and reliable delivery methodswhich puts a lot of pressure on logistics companies and suppliers. In addition, competition is increasing and market factors such as changes in customer preferences, trade policy and international trade agreements are taking effect. Therefore, the management of logistics companies have to deal with new challenges such as:
- Increased demand and the need for flexible solutions: Customers expect fast and reliable delivery of goods, leading to increased demand for logistics services. At the same time, there is a need for the company to respond flexibly to new and changing customer requirements. This requires flexibility in logistics processes.
- Complexity and complexity of the supply chain: As globalisation and complexity of supply chains increase, so does the complexity of managing and optimising them.
- The need to use data more efficiently: With the increasing amount of data, there is a need for efficient collection, analysis and use of this data to improve logistics processes and decision making.
The answer to these challenges may be the wider use of AI to provide the necessary process efficiency improvements in logistics and SCM.
How can artificial intelligence in logistics help you optimise your freight costs?
Artificial intelligence is increasingly permeating all areas of business, including logistics and supply chain management. With its ability to process vast amounts of data and predict trends, AI is becoming a key enabler for logistics and supply chain management.
The key business benefits of AI-based solutions are:
- Improved inventory management: Thanks to the ability of artificial intelligence systems to process vast amounts of data and predict trends, inventory can be managed more efficiently, leading to lower storage and transportation costs.
- Increased efficiency of order fulfillment: Artificial intelligence systems enable inventory tracking and demand forecasting. This leads to reduced delays in order fulfillment and minimizes the risk of lost goods.
- Optimisation of freight costs: AI-based solutions can help optimise transport planning and select the best options for shipping goods based on various factors such as delivery times, pricing and availability. This minimises the cost of transporting goods and improves the efficiency of the entire supply chain.
What inventory and supply chain management systems does Blue Dynamic offer?
Artificial intelligence systems enable more efficient inventory management and reduce storage costs and transport of goods. The most important artificial intelligence systems for logistics and supply chain management include Microsoft Intelligence Order Management, Microsoft Dynamics Supply Chain, Veritico Stock and Warehouse SmartStack.
Microsoft Intelligence Order Management helps manage the entire order process from receipt to dispatch. The system allows inventory tracking and demand forecasting. As a result, you are able to manage inventory more efficiently in your business and minimize delays in order fulfillment. This solution can be easily integrated with other systems. This makes it easy to capture and work with data. Data is shared across the business and is available to everyone who works with your applications.
Microsoft Dynamics Supply Chain is a comprehensive solution for supply chain management. The system enables track inventory and manage it effectivelytaking into account seasonality, trends and changes in demand. Because MS Dynamics Supply Chain tracks these factors for you, your business can reduce the risk of stocking goods that are not in high demand or running out of stock when it's not convenient. Perhaps needless to say, such a solution will help your business to be more profitable.
Veritico Stock is a system based on artificial intelligence, neural networks and machine learning that serves for demand forecasting and inventory management in warehouses and stores. The system allows to optimize ordering processes and reduces human costs. Veritico Stock also enables redistribution of goods between branches with regard to logistics costs.
Warehouse SmartStack is a system for optimising the cost of transporting goods using artificial intelligence. The system enables efficiently organise goods on pallets and use of space in trucks as efficiently as possible. Artificial intelligence in logistics will work out for you, or your warehouse staff and other employees, how to optimally stack the goods to be transported on pallets and then place the pallets in the trucks. It can also handle irregularly shaped bales. Thanks to this, you will achieve significant savings when transporting goods - because you do not transport air unnecessarily.
Conclusion
Artificial intelligence in logistics can predict the demand for goods, plan inventory requirements and increase the efficiency of warehouse operations. If you are looking for a way to improve your warehouse performance and increase your competitiveness, the use of artificial intelligence in SCM and WMS is the right step.
