AI in Supply Chain and Logistics: Three Emerging Startups - Strategic Systems International

Artificial intelligence reaches new adoption levels each year. As its adoption becomes more ubiquitous, industries like supply chain management and logistics have begun to leverage AI in innovative ways - taking the front row in the AI show-time. A recent report by Research and Markets "Artificial Intelligence in Supply Chain Management Market" finds that AI in SCM solutions as a whole will reach $15.5B globally by 2026. The large volumes of data generated by these industry verticals, the number of devices employed and the challenges associated with the process require a more defined, elaborate structure to ensure transparency through digital automation. Events such as the unexpected blocking of the world's busiest trade route Suez Canal by a large shipping vessel demonstrate how supply-chain optimization and diversification have become an essential need of the hour.