AI Solutions: Transformation in the Logistics Sector

The logistics sector is one of the most flourishing sectors but has always lagged when it comes to the adoption of technology. Nevertheless, with the advent of latest technologies like Artificial Intelligence, Machine Learning, and Internet of Things, etc., it has embraced new technologies and has seen a major transformation. So, today, I'll be talking about how AI solutions are transforming the logistics industry.

How are AI Solutions Transforming the Logistics Sector?

Intelligent and Automated Warehousing:

Initially, retail warehouses made decisions based on historical data. But AI solutions have helped to bring about automation in warehouses. This has led to improved warehouse productivity that will indirectly boost up the growth of the company.

It has also decreased the indirect labor costs such as cost of hiring, training and other benefits of the employees. Apart from this, there has been considerable appreciation in the accuracy of orders processed and picked.

The eCommerce giant Amazon is leveraging robots such as Kiva robots to pick up goods and distribute them to varied stations within the warehouse in no time. Believe it or not, it needs only 5 minutes to charge every hour.

Smart Roads:

Artificial intelligence companies have deployed AI for highways. Smart roads are highways that have sensors attached to them. Such sensors monitor the condition of the road and also sense the vehicles on them. These roads are connected to the internet. If there is a traffic jam or accident on the road, these sensors on the smart road will alert the driver about such conditions.

This can prove to be extremely beneficial for transport-intensive businesses which spend maximum time on the road. Smart roads have the potential to improve traffic, enhance road safety, and maintain the infrastructure.

Self-Driving Cars:

Artificial intelligence services along with sensors, radars, and cameras have given cars the ability to see, think, learn, and analyze various driving scenarios. NVIDIA is in the process of developing microchips that can handle real-world road conditions. Google and Apple are using autonomous vehicles majorly for transporting employees inside their huge premises.

With the complete elimination of the potential of accidents because of the malfunctioning of the self-driving software and/or hardware, self-driving cars can become a mainstream mode of transportation in times to come.

Vehicle Telematics:

Vehicle telematics is the process of monitoring the transport mediums like car, truck, ship, or heavy equipment with GPS and onboard diagnostics. Some of its applications include safety of the car, keeping a record of the speed of the car, providing roadside assistance and auto dialling the help center number when you are in an accident.

The data collected via vehicle telematics is sent to a central repository for aggregation and analysis. Verizon is leveraging vehicle telematics to track vehicles in the field, improve fleet operations, enhance labor productivity, and boost safer driving methodologies.

AI solutions are seriously ramping up the efficiency of the logistics industry. It is all set to revolutionize the world of logistics. This fact may come around as a buzz, or hype, or a cliché, but it is true. It is indeed high time for your firm to embrace AI intelligence in logistics sector. If you are up for it, we'd like to pave a path for you and make the transformation easy.