Barcelona, September 14, 2020.- During the last weeks, numerous smartphone manufacturers have been presenting their latest devices. Many of them already benefit from Artificial Intelligence (AI) to offer effective and simple technological solutions for anyone. Artificial Intelligence will find its ideal place in those tasks that human beings are not 100% efficient. And its application to logistics will be one of the keys in the coming months, Post Covid19, as highlighted in the following analysis by Manufacturing and Logistics IT:
More than four out of ten (43%) of senior decision-makers at mid-market discrete manufacturers identified artificial intelligence (AI) among technologies likely to have the greatest impact on supply chains over the next three years, putting it well ahead of other innovations like the Internet of Things (31%) and blockchain (24%). This is according to a recent independent study commissioned by advanced technology solutions and services provider, Delaware.
Nearly half (47%) of the research sample named ‘to reduce costs’ as a top reason for innovating or making changes to their organisation, while 42% cited ‘to drive operational efficiencies and productivity’. Yet, many manufacturers remain ‘behind the curve’. 75% are not using AI in their supply chain today, while 74% are not taking advantage of machine learning. That is something that will need to be addressed as these businesses focus on how they can best use technologies to drive the recovery from COVID-19.
The technologies most widely used by manufacturers were Internet of Things (35%) and robotics-based automation (29%) but levels of usage of innovative technologies overall were low across the board. More than half (55%) of the research sample still manage their assets in a primarily or fully manual way, with only 9% operating with a fully automated approach.
“Given the impact of COVID-19 on their operations and their supply chains, in particular, it is key that manufacturers use new technologies proactively to fuel their fightback from the pandemic, and enable them to move positively into the future,” said Richard Seel, Managing Director (UK & US) at delaware. “As the recovery gathers pace, manufacturers will urgently need to look at how they can best make use of AI and machine learning to deliver operational efficiencies, optimise processes and achieve competitive edge.”
The study found, over a quarter (27%) of discrete manufacturers still use ‘old school’ methods like ‘conducting surveys into consumer buying behaviour’ or ‘collecting patterns on buying patterns by analysts or industry experts’ to forecast demand when sourcing raw materials at the beginning of their supply chain.
“It is also concerning that 77% of manufacturers we surveyed revealed that the data they derived from across their supply chain was not ‘completely accurate,’” added Seel. “Data accuracy will be key in delivering supply chain efficiency through the recovery. Also, given the disruption caused by the pandemic, supply chain visibility will be increasingly key to manufacturers to understand the risks they face to continuity of supply and how best to alleviate them through improved forecasting.”
- Retailers, logistics firms and other companies are turning to artificial intelligence, robotic process automation and robots to make supply chains more efficient
Barcelona, September 20, 2022.- Artificial intelligence is definitely going to be one of the most efficient technologies for transport and logistics companies. This is what BiztechMagazine says in this report: - 57% of the companies across the world believe that supply chain automation can provide a competitive edge as applications of AI can resolve problems…
Barcelona, September 13, 2022.- The company SoulPage has published a report on the functionalities of Artificial Intelligence in companies that are experts in the supply chain. These are the conclusions: - Artificial intelligence and reverse logistics
Barcelona, September 6, 2022.- bbntimes has published an interesting analysis on the application of artificial intelligence to reverse logistics. Their conclusions are the following: - How to effectively apply AI to supply chain processes to yield transformative results…
Barcelona, August 30, 2022.– Artificial Intelligence solutions are beginning to become popular. The supply chain is keeping an eye on this innovation, as this analysis published in the Deccan Herald News explains: - “Visibility is not just a convenient systems upgrade, it’s part of a greater movement to adopt a more unified perspective of the supply chain”
Barcelona, August 9, 2022.- Suppychain247 magazine has published an analysis of the visibility situation today in the supply chain with these keys: - Edge and 5G have become leading areas for investment across industries
Barcelona, August 2, 2022.- As reported by RTInsights magazine, 5G and edge initiatives are typically part of broader enterprise-wide digital transformation efforts. - Warehouse robotization success story
Barcelona, July 26, 2022.- According to the technology magazine Wired, there are warehouse robots that interpret human language. Without a doubt, a success story with these characteristics: - Logistics & Industry – BlockchainBarcelona, July 19, 2022.-
- Gartner: Top Trends for Tech Providers in 2022Barcelona, July 12, 2022.-
- Artificial Intelligence and information security in last-mile logistics
Barcelona, July 5, 2022.- Below we publish analyzes on Artificial Intelligence and Data Analytics in the last mile logistics, published in the RB Webcity magazine: - Real DEMOs of e- TMS AndSoft for transportation and logistics companiesBarcelona, June 29, 2022.-
- AndSoft presents solutions for special transport ADR and oversized cargo
Barcelona, June 14, 2022.- AndSoft, a European company that manufactures software for transport and logistics (e-TMS), presented at SIL in Barcelona (31 May to 2 June), stand E 532, new solutions dedicated to special transport: ADR and oversized. Plus a new evolution of TrackAPP. - How to improve the management of your supply chain with Artificial Intelligence?
Barcelona, June 7, 2022.- Enterprise Talk magazine has published an analysis on supply chain improvements, from start to finish, thanks to artificial intelligence solutions. These are their conclusions: - Gartner: “Autonomy is the future of Supply Chain”
Barcelona, May 24, 2022.- Author: Pierfrancesco Manenti is Research Vice President for the Gartner Supply Chain Strategy team. Mr. Manenti provides insights and advisory support to CSCOs and Head of Strategy of global manufacturing and retail corporations into the future trends and key challenges affecting end-to-end supply chain strategy. He focuses on strategic transformation, digitalization, agility and… Continue reading Gartner: “Autonomy is the future of Supply Chain” - PWC: Analysis of the business impact of Artificial Intelligence (AI)
Barcelona, May 17, 2022.- Here you can download the magnificent PWC report on the impact of Artificial Intelligence in our daily lives. - Reflection: Can Artificial Intelligence Be Applied to Logistics?Barcelona, May 10, 2022.-
- “Early adopters of AI in transportation and logistics already enjoy profit margins greater than 5%”
Barcelona, May 3, 2022.- According to Business Insider, the benefits of implementing artificial intelligence in the logistics industry are already evident today in 2022. In summary: - Taiwan, world leader in chip manufacturing for several years
Barcelona, April 26, 2022.- The world economy, any sector that produces machinery, household appliances, vehicles, computers, mobile phones…need chips for the operation of the electrical system. Europe and the United States will build new chip factories, but China (Taiwan) will remain the world leaders. - Amazon is developing a ‘new-to-world’ AR product
Barcelona, April 19, 2022.- According to Protocol magazine, the ecommerce giant has been looking to hire a number of people for an unannounced AR/VR product in recent months. Among the roles Amazon is looking to fill are a wide variety of senior positions for computer vision scientists, designers, program managers, product managers, researchers and technologists,… Continue reading Amazon is developing a ‘new-to-world’ AR product - 5 Views on the future of the Supply Chain (2022)
Barcelona, April 12, 2022.- - Amazon and Fedex speed up their tests to deliver small goods by drone
Barcelona, April 5, 2022.- Amazon has agreed with hundreds of Texas consumers the delivery of merchandise weighing just 2 kilograms, its delivery through drones. For its part, Fedex: - Gartner: “Blockchain is already building trusted digital environments”
Barcelona, March 22, 2022.- The prestigious technology consultancy Gartner has published an analysis of Blockchain technology and its real solutions today. Gartner explains blockchain with these arguments:
Supply Chain Technological Trends 