The Role of AI in Optimizing Logistics and Supply Chain Operations
Introduction From USD 12 billion to USD 549 billion in a decade, there has been mammoth growth for AI in the logistics and supply chain industry globally. A CAGR of 46.7 percent supports the stunning projection. The logistics sector worldwide has been seeking technological transformation for a long time. Logistics software development companies are turning to AI technology to solve efficiency, cost, growth, and customer satisfaction-related woes. Image Courtesy: market.us Current challenges recognized in logistics and supply chain management are increased demand variability, transportation issues, and inventory issues, all this while attempting to satisfy higher levels of customer demand. AI in supply chain management is, hence, revolutionizing logistics & supply chain management by raising productivity, reducing human error, and improving data analysis. In this post, we will prov...