Companies are seeking real-world supply-chain gains in new AI tools
Live MintCompanies growing more comfortable with artificial intelligence are bringing the latest tools into their supply chains, with goals of cutting costs, speeding up distribution and getting ahead of potential disruptions. Celonis Chief Executive Alex Rinke said the supplier had manually evaluated factors such as the weather to determine which shipments could be combined and whether it needed to use refrigerated trucks for its freight. Secondhand apparel retailer ThredUp has been using AI in its distribution centers to “improve throughput and productivity," Chief Executive James Reinhart said on an earnings call March 4. Supply-chain service provider Uber Freight, a division of Uber Technologies, and FourKites, a startup that tracks freight shipments in real time, have created chatbots that allow shippers to ask conversational questions about their logistics operations. It’s real time so you can make decisions," said Johnny Ivanyi, supply-chain senior director at Bayer Crop Science, an agricultural division of Bayer.
History of this topic
Food delivery apps bet big on AI to boost delivery in India
Live MintDiscover Related