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 transportation management


How AI and IoT are Transforming Transport Management

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Artificial intelligence (AI) and the Internet of Things (IoT) are both cutting-edge technologies that are starting to get traction in the world around us. Fortune Business Insights notes that the size of the global AI market hit $27 billion in 2019, and estimates put it to grow tenfold by 2027. The IoT is just as vibrant a sector. PR News Wire contends that the amount of IoT devices will cross 24 billion by 2030. Both of these advances count as "smart" technologies.


Artificial Intelligence and Machine Learning Drive the Future of Supply Chain Logistics

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Artificial intelligence (AI) is more accessible than ever and is increasingly used to improve business operations and outcomes, not only in transportation and logistics management, but also in diverse fields like finance, healthcare, retail and others. An Oxford Economics and NTT DATA survey of 1,000 business leaders conducted in early 2020 reveals that 96% of companies were at least researching AI solutions, and over 70% had either fully implemented or at least piloted the technology. Nearly half of survey respondents said failure to implement AI would cause them to lose customers, with 44% reporting their company's bottom line would suffer without it. Simply put, AI enables companies to parse vast quantities of business data to make well-informed and critical business decisions fast. And, the transportation management industry specifically is using this intelligence and its companion technology, machine learning (ML), to gain greater process efficiency and performance visibility driving impactful changes bolstering the bottom line.


AI and IoT: Transportation Management in Smart Cities

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Anomaly Detection has become one of the most useful machine learning tools of the past five years. It can be used from fraud to quality control. Is it possible to isolate fraudsters in online review websites? Can fraudulent financial transactions be detected as they occur? Can live sensor data inform about power grid failures before they happen?


20 Things To Know About Digital Supply Chain Transformations

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For some companies, it means replacing manual, paper and pencil processes with digital data and process support. For some companies it means using autonomous mobile robots and other forms of robotics in their supply chain. For some, it means applying machine learning and artificial intelligence (AI) to supply chain Big Data. And for some, it means getting better digital data to support an end to end supply chain involving multiple tiers of a company's supply chain. For example, putting a warehouse management system in to replace paper and pencil data in the warehouse would be a limited form of digitization.


How Artificial Intelligence helps the Transport and Logistics Industry?

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Artificial Intelligence is advancing in all domains and it has become one of the most trending topics in the social community. Due to impact of Artificial Intelligence, human jobs replaced by computers and new jobs created. Artificial intelligence is a set of a program created to develop a computer to behave and imagine similar to human intelligence, which can produce very complicated results and solutions on incoming queries. In case, many businesses have already implemented Artificial Intelligence in their operations and obtaining advantages from it. According to the recent survey, The Artificial Intelligence technology for Enterprises, Supply Chain and Operations was one of the top domains where markets are driving income from AI advance.


How AI and the IoT Can Change Transportation Management

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David Poulsen, CutCableToday's IT expert, says connected, or autonomous, vehicles, are attractive because of the technologies that undergird them. "The Internet of Things (IoT) is one part of the equation," Poulsen explains. "The other part is artificial intelligence (AI). It acts as the driver, helping the connected'thing,' which could be a vehicle or inventory system, make smarter decisions." As applied to transportation management, that automated decision-making ability is critical.


[INFOGRAPHIC] AI Technologies' Role in the Future of Logistics

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Today our focus has been on KPIs, ERP, WMS, TMS, YMS, EDI, The Cloud, S and OP, 3 D Printing, IoT, IoE, Drones: Same Hour/Day/Time Delivery to Customers, Cyber Security, Theft, Government Regulations, E-Commerce, Omni-Channel, Modeling/Simulation, Risk Management, Tracking, Traceability, Re-shoring, Robotics, et al, but…what about Artificial Intelligence or AI technologies? AI is a controversy of deep, lasting dimensions. Will machines learn to think like humans…and then outthink us? If AI Technologies Can Think & Act Like "Us" Where do "We" Go? The application of AI technologies has created the ability to understand, store and use product information in an entirely new way.