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Artificial intelligence in logistics can help logistics and supply chain managers to operate as efficiently as possible. Thanks to the use of artificial intelligence and other modern technologies, it is possible to achieve significant cost savings while improving the quality of service for customers.
Today, logistics and supply chain management (SCM) is a very dynamic and rapidly changing field. There is a constant increase in demand for fast and reliable methods of delivery of goods, which puts a lot of pressure on logistics firms and suppliers. In addition, competition increases and market factors become apparent, such as changes in customer preferences, trade policies and international trade agreements. Therefore, the management of logistics companies must deal with new challenges such as:
The answer to these challenges may be the wider use of AI to provide the necessary increase in process efficiency in logistics and SCM.
Artificial intelligence is increasingly penetrating all areas of business, including logistics and supply chain management. With its ability to process huge amounts of data and predict trends, artificial intelligence is becoming a key factor in logistics and supply chain management.
Key business benefits of AI-based solutions are:
Artificial intelligence systems make it possible more efficient inventory management and reduce storage costs and transportation 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 to manage the entire order process from receipt to shipment. 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 retrieve data and work with it. Data is shared across the company and everyone who works with your apps has it at their disposal.
Microsoft Dynamics Supply Chain is a comprehensive supply chain management solution. The system allows track stocks and manage them efficiently, taking into account seasonality, trends and changes in demand. By keeping an eye on these factors for you, MS Dynamics Supply Chain can reduce the risk of unnecessarily stocking up on items that are not in high demand or running out of stock when it doesn't fit. Needless to say, such a solution will help you to increase profitability in business.
Stock Verifico is a system based on artificial intelligence, neural networks and machine learning that serves to predict demand and manage inventories in warehouses and stores. The system allows you to optimize ordering processes and reduces costs for people. Veritico Stock also allows redistribution of goods between branches taking into account logistics costs.
Warehouse SmartStack is a system for optimization of the cost of transportation of goods with the use of artificial intelligence. The system allows Effectively organize goods on pallets and use of space in trucks as efficiently as possible. Artificial intelligence in logistics for you, or for your warehouse workers and other employees, will figure out how to do the most optimal stack transported goods on pallets and then store pallets in cars. It can cope even with packages of irregular shapes. Thanks to this, you will achieve significant savings in the transportation of goods — because you do not transport air unnecessarily.
Artificial intelligence in logistics can predict demand for goods, plan warehouse inventory requirements and increase the efficiency of warehouse operations. If you are looking for a way improve the performance of your warehouse and increase your competitiveness, the use of artificial intelligence in SCM and WMS is the right step.
How Artificial Intelligence in Logistics is Changing the Functioning of Warehouses and Supply Chain
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