How can artificial intelligence transform the logistics industry?

Artificial intelligence has brought a revolutionary change in the industries by automating various processes to improve their efficiency and bring perfection. In the logistics sector, the technology is automating various manual operations to accomplish them quickly and with utmost precision. Apart from this, AI is also helping the logistics domain with many other benefits, which we have covered in this article.

Applications of artificial intelligence in the logistics sector

Warehouse automation and inventory management

Artificial intelligence can look into future market demands so that you can stock up inventory based on the insights. The technology can also help in data collection and inventory management without human intervention. Using the useful insights provided by AI-powered software, tools, or systems companies can modify orders and transport items to the local warehouse to ensure their speedy delivery to the places where the items are high in demand. Also, by automating routine manual tasks the technology can not only bring accuracy but also save time and effort. 

Automated delivery through autonomous vehicles 

Deliveries through drones and automated vehicles are the latest trend in the logistics industry. Autonomous vehicles detect surroundings, objects, and images using artificial intelligence, machine learning, and a few other technologies. Not just for the deliveries, autonomous vehicles are also used for transporting goods to the warehouse. 

To predict future market trends 

Artificial intelligence has the potential to deal with the enormous amount of unstructured data to process it to bring useful insights. The insights can help businesses to make better decisions for the future or to create strategies according to the future market trends. The technology can also help in forecasting future demands; this can help businesses to stock up their shelves beforehand and never run out of inventory. 

Smart order allocation and improved customer experience 

AI-based systems can help in automatic segregation of goods based on their weight, type, delivery location, volume, and other factors. After segregation of goods, the technology can also find out the right vehicle (frozen, chilled, or regular) to initiate the delivery process. Artificial intelligence can help businesses to remember delivery-related requirements of customers so that they can deliver their orders accordingly. 

Route planning and optimization 

Considering the delivery time, location, and other factors, AI-based logistics management software can also find out the most efficient routes for a trip. Moreover, such software can also do dynamic route planning in case the customer reschedules the time or change the delivery location while it is already out for delivery. Software with dynamic route planning features powered by artificial intelligence can immediately show new routes and save huge time.  

By providing these benefits to the logistics industry, artificial intelligence has helped businesses to improve their productivity and save a significant amount of money. That’s why every small and large logistics company, as well as third-party logistics providers, are adopting the technology into their systems or software. 

Those who haven’t adopted any of the automated systems to run their business logistics can choose Shipsy’s logistics management software that uses the potential of artificial intelligence for intelligent allocation of orders and to predict various other things. Apart from this, the other benefits of Shipsy’s LMS software include:

• A customer panel with features to raise pickups, track consignments, check proof of deliveries, keep a record of cash on delivery remittances, AWB generation, print labels, and look into the updated delivery status. 
• An operations dashboard to manage pickup requests, planning and optimizing routes efficiently, allocate orders to the hubs close to customer’s delivery location, choosing the right vehicle, selecting drivers, checking return to origin orders, and more. 
• A driver app that can be used in Arabic, Hindi, and English language. With the help of this app, drivers can check the new orders and manage the existing ones, ensure contactless deliveries by collecting and uploading digitized proof of delivery, scanning the consignments at the hub, and check other delivery-related preferences of the customers. 
• With the end-customer panel, a customer can reschedule deliveries in case of non-availability at the given delivery time, help to locate the address by pinning down the exact location on the map, request for an online payment link, and enjoy many other features.

Now when you know the potential of artificial intelligence for your business’ logistics, why not opt for such software that can streamline and speed up every process?