ARTIFICIAL INTELLIGENCE DRIVEN LOGISTICS AND SUPPLY CHAIN SOLUTIONS
BLOCKCHAIN FOR AN EFFICIENT SUPPLY CHAIN SYSTEM
AI & BLOCKCHAIN POWERED SUPPLY CHAIN & LOGISTICS SOLUTIONS
Enhanced Traceability in Logistics
The advent of Blockchain promises to bring about a paradigm shift in the logistics & supply chain solutions sector, with major industry players working together towards improving food safety standards through implementation of the revolutionary technology. The end-to-end transparency provided by blockchain promise to bring safe and affordable products within the grasp of all.
AI powered Robotic Process Automation
AI in RPA is a great choice for retailers to streamline processes and improve performance and reduce costs considerably. With the right guidance, any high-volume, low value process oriented task can be automated at ease.
AI-IoT for Efficient Logistics
Even if the supply chain and logistics management is fast in an organization, it is never optimized. The conventional procedure’s miscalculation of resources is simply the reason for this issue. But an IoT enhanced by AI can simply unravel the shortcomings of this system and optimize its processes.
Fraud-free Procurement Process
A blockchain-based system would allow any organization or a government body to launch a custom token to manage the procurements. All procurements are recorded in a decentralized ledger network so that complete traceability of the funds is facilitated. This can enable a fraud-free procurement system, beneficial especially for logistics, supply chain sectors.
More Efficient inventory management
Machine learning can help in implementing a system that reduces the human efforts in compiling and interpreting various aspects of inventory and logistics management. When implemented in a retail business, this can simplify every process to generate higher profit margins and cost savings.
The major factor that causes loss to the retail and food supply chain is supply chain frauds. Even though organizations are using analytics to prevent fraud, supply chain waste, and abuse, the level of supply chain fraud remain high...
Internet of Things (IoT) is finding a lot of practical applications in supply chain management. In combination with AI, IoT can be used in a number of high-tech applications that has been transforming the trucking industry. AI-enabled IoT in Logistics Management has taken the leap from theory to operational reality in a..
RPA is software that copies human behavior or actions, whereas AI is a broad term where a machine simulates human intelligence such as sensing things, making deductions and communicate. The keywords here are – actions vs intelligence. This article should help you confidently differentiate between RPA and AI particularly in the context of automation.
Our customer was a prominent logistics company operating primarily in the US. For a logistics company, it is crucial to follow optimal resource planning, as they have to manage hundreds of containers, carrier trucks, courier vans, delivery routes...
Company A is a prominent exhibition organizer based in Dubai, having several exhibition venues throughout the country. The company helps other businesses and organizations to host exhibitions, conferences, and other events. By facilitating the...