DHL in conjunction with IBM has recently released a report evaluating Artificial Intelligence (AI) and its potential in Logistics, the report further explores how AI can be best applied to transform the industry, making way for a new level of operational paradigms and intelligent logistics assets.
The joint report also clearly identifies the possible implications for the industry such as how AI could vastly augment the capabilities of humans.
Senior Vice President and Global Head of Innovation for DHL, Matthias Heutger explains, “Today’s current technology, business, and societal conditions favor a paradigm shift to proactive and predictive logistics operations more than any previous time in history, as the technological progress in the field of AI is proceeding at great pace, we see it as our duty to explore, together with our customers and employees, how AI will shape the logistics industry’s future.”
AI has been implemented and adopted successfully in many industries and is used for their daily business activities, including the engineering and manufacturing industry, AI has been used for some time on production lines to facilitate maintenance and production using conversational interfaces and image recognition.
AI technologies can predict fluctuations in global shipment volumes, bring end-to-end autonomy to transportation and use advanced image recognition to track the condition of shipments and assets.
IBM Global Industry Leader for Freight, Logistics, and Rail, Keith Dierkx said, “Technology is changing the logistics industry’s traditional value chains, and ecosystems are reshaping enterprises, industries and economies,”
He further added, “By leveraging AI into core processes, companies can invest more in strategic growth imperatives to modernize or eliminate legacy application systems. This can make existing assets and infrastructure more efficient while providing the workforce with time to enhance their skills and capabilities.”
Artificial Intelligence for logistics is here to stay and has the potential to transform the industry into an automated, predictive, proactive and personalized branch.