AI in Logistics has come a long way. Who really could have imagined driverless cars, pilotless aircrafts or predictive capabilities other than from the pages of science fiction? But thanks to a whirlwind evolution of tech, AI has left the laboratory and evolved into an integral and ubiquitous part of our lives.
The industry knows it too, with Forbes Insights research showing that 65 percent of senior transportation-focused executives believe logistics, supply chain, and transportation processes are in the midst of a renaissance. Furthermore, a cross-industry study on AI adoption by McKinsey & Co. found that early adopters with a proactive AI strategy in the transportation and logistics sector enjoyed profit margins.
AI is here and it is here to stay. But how did we get here, and where are we going? Let’s dig a little deeper into AI and its evolution in the logistics sector.