Artificial Intelligence in logistics: examples, opportunities, risks

In this article you will learn what Artificial Intelligence is, how it works and what opportunities it offers for logistics and supply chain management! AI provides for increasing process efficiencies, supplies most accurate prediction models and enables an unprecedented ability to adapt to changing markets - no surprise that last year more than $ 40 billion were invested in the research of Artificial Intelligence globally. Many people regard it as one of the most important growth drivers for logistics over the next few years and as the most important key to competitiveness. Definition of Artificial Intelligence: The term Artificial Intelligence refers to the ability of machines to interpret different problems and to independently develop suitable solutions. Instead of working through rigid algorithms AI-Machines make their decisions afterwards and can therefore acquire a well-founded wealth of experience. With its help, they can develop ever better solutions and even make predictions.