DHL: Artificial intelligence will remold logistics world

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Global logistics provider DHL believes worldwide supply chains are beginning to undergo a fundamental transformation as more "artificial intelligence" is deployed to handle both the domestic and international movement of goods According to research conducted in support of its recent 2016 Logistics Trend Radar, DHL thinks the impact of data-driven and autonomous supply chains provides an opportunity for "previously unimaginable levels of optimization" in manufacturing, logistics, warehousing and last mile delivery that could become a reality in less than half a decade, despite high set-up costs deterring early adoption within the logistics industry. Matthias Heutger, senior vice president for strategy, marketing & innovation at DHL, said in a statement that 15 of the 26 "key trends" identified in the company's annual trend radar report "are likely to make an impact in under five years" and thus bear careful watching by the global logistics industry. While the "Internet of Things" or "IoT" will also play a large role in more "intelligent supply chains" as well – a trend DHL noted in its trend report last year – security concerns regarding hacking, among other issues, is slowing down its adoption. IoT offers the potential to connect virtually anything to the Internet and accelerate data-driven logistics, DHL stressed; estimating that by 2020, more than 50 billion objects will be connected to the Internet, presenting an "immense" 1.9 trillion opportunity in logistics, by its reckoning. "Only a few logistics [IoT] applications with substantial business impact have materialized so far," DHL noted in its report.


DHL: Artificial intelligence will remold logistics world

#artificialintelligence

Global logistics provider DHL believes worldwide supply chains are beginning to undergo a fundamental transformation as more "artificial intelligence" is deployed to handle both the domestic and international movement of goods According to research conducted in support of its recent 2016 Logistics Trend Radar, DHL thinks the impact of data-driven and autonomous supply chains provides an opportunity for "previously unimaginable levels of optimization" in manufacturing, logistics, warehousing and last mile delivery that could become a reality in less than half a decade, despite high set-up costs deterring early adoption within the logistics industry. Brown selects Orbcomm's dry van trailer tracking solution Matthias Heutger, senior vice president for strategy, marketing & innovation at DHL, said in a statement that 15 of the 26 "key trends" identified in the company's annual trend radar report "are likely to make an impact in under five years" and thus bear careful watching by the global logistics industry. While the "Internet of Things" or "IoT" will also play a large role in more "intelligent supply chains" as well – a trend DHL noted in its trend report last year – security concerns regarding hacking, among other issues, is slowing down its adoption. IoT offers the potential to connect virtually anything to the Internet and accelerate data-driven logistics, DHL stressed; estimating that by 2020, more than 50 billion objects will be connected to the Internet, presenting an "immense" 1.9 trillion opportunity in logistics, by its reckoning. "Only a few logistics [IoT] applications with substantial business impact have materialized so far," DHL noted in its report.


Putting the Future of Logistics on Your Company's Radar

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For companies of all sizes around the globe, advances in logistics processes and technologies can have a dramatic effect on operational costs and, ultimately, the bottom line. Faster, more affordable delivery systems, more efficient warehousing options, and innovations in customs clearance processes are just a few ways that improvements in logistics can help businesses better connect with their customers and suppliers, all while saving time and money. Business leaders who understand what changes are coming down the logistics roadway are at a distinct advantage; they can plan for and adopt new technologies and systems as soon as possible, keeping up with – or charging ahead of – the competition. That's where The DHL Logistic Trend Radar comes in. Now in its fourth year, the Logistics Trend Radar is a powerful tool for understanding and anticipating new logistics advances.


Artificial intelligence is the future, says DHL

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Artificial intelligence is set to play in increasing role in logistics, according to DHL, which has predicted 26 major trends for the logistics industry over the next five to ten years in its 2016 'Trend Radar' report. DHL found that artificial intelligence and personalisation have influenced a number of the transformational trends in the report. This includes intelligent supply chains that use self-learning or machine learning systems. The logistics provider said that the impact of autonomous, and data-driven supply chains'provides an opportunity for previously unimaginable levels of optimisation in manufacturing, logistics, warehousing and last mile delivery'. It said that this could take place in less than five years, despite high set up costs discouraging early adoption in logistics.


DHL: Artificial intelligence will remold logistics world

#artificialintelligence

Global logistics provider DHL believes worldwide supply chains are beginning to undergo a fundamental transformation as more "artificial intelligence" is deployed to handle both the domestic and international movement of goods According to research conducted in support of its recent 2016 Logistics Trend Radar, DHL thinks the impact of data-driven and autonomous supply chains provides an opportunity for "previously unimaginable levels of optimization" in manufacturing, logistics, warehousing and last mile delivery that could become a reality in less than half a decade, despite high set-up costs deterring early adoption within the logistics industry. Matthias Heutger, senior vice president for strategy, marketing & innovation at DHL, said in a statement that 15 of the 26 "key trends" identified in the company's annual trend radar report "are likely to make an impact in under five years" and thus bear careful watching by the global logistics industry. While the "Internet of Things" or "IoT" will also play a large role in more "intelligent supply chains" as well – a trend DHL noted in its trend report last year – security concerns regarding hacking, among other issues, is slowing down its adoption. IoT offers the potential to connect virtually anything to the Internet and accelerate data-driven logistics, DHL stressed; estimating that by 2020, more than 50 billion objects will be connected to the Internet, presenting an "immense" 1.9 trillion opportunity in logistics, by its reckoning. "Only a few logistics [IoT] applications with substantial business impact have materialized so far," DHL noted in its report.