“AI in Logistics: from Theory to Practice” – Transmetrics’ Conference Summary

“AI in Logistics: from Theory to Practice” – Transmetrics’ Conference Summary

“AI in Logistics: from Theory to Practice” – Transmetrics’ Conference Summary

One of the most exciting aspects of Artificial Intelligence (AI) in logistics is that there is a huge number of applications impacting the industry ranging from data cleansing, demand forecasting and price optimization to autonomous trucks, last-mile delivery robots, and more.

With the ongoing evolution in supply chain digitization, more companies are already trying to implement AI-driven technologies into their operations in order to become more efficient and cost-effective. 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 higher profit margins.

That is why Transmetrics decided to make the focus of this year’s conference on exploring both the basics of AI, machine learning and data science, as well as successful use-cases to show how some of the logistics industry innovators are getting benefits from AI already today. The fourth Logistics meets Innovation conference took place in Brussels on May 28th, 2019 on the Vlerick Business School campus. The event gathered 50+ senior executives from logistics and supply chain companies including Amazon, DHL, ECS, Kuehne + Nagel, LKW Walter, Lufthansa Cargo, NileDutch, Panalpina, Pfizer, Novartis, and many others.

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Artificial Intelligence in Logistics: Two Approaches to Improve Planning

Artificial Intelligence in Logistics: Two Approaches to Improve Planning

Artificial Intelligence in Logistics: Two Approaches to Improve Planning

The real-world use cases of Artificial Intelligence (AI) are expanding rapidly: from e-commerce to healthcare to security and fraud detection, AI seems to have something to offer virtually for every industry. It’s a bit surprising that AI’s potential hasn’t become more realized in core logistics operations, but that time is fast approaching.

To best leverage AI in logistics operations, decision-makers need to understand the basics. Best to start with the two AI approaches with the potential to bring the biggest impact on logistics.

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Logistics Startup of the Month: Stargo

Logistics Startup of the Month: Stargo

Stargo

Every month we select one logistics startup which represents a positive example of innovation in Logistics and Supply Chain and has the potential to alter the way the industry operates. This May, Transmetrics selected Stargo, an AI-driven price optimization solution for the freight industry, as the “Logistics Startup of the Month” for its outstanding contribution to revolutionizing the door-to-door quote generation process.

In order to learn more about the startup and what it does, we have talked with Joel Sellam, CEO and Founder of Stargo, about the business and how Artificial Intelligence can improve the price optimization in the logistics industry.

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Logistics Startup of the Month: Nautilus Labs

Logistics Startup of the Month: Nautilus Labs

Nautilus Labs

Every month we select one logistics startup which represents a positive example of innovation in Logistics and Supply Chain and has the potential to alter the way the industry operates. This month, Transmetrics selected Nautilus Labs, an innovative AI-powered solution for ocean commerce, as the “Logistics Startup of the Month” for its remarkable achievements in minimizing fuel consumption, maximizing operational efficiency, and optimizing the fleet performance of shipping companies.

In order to learn more about the startup and what it does, we have talked with Nautilus Labs CEO Matt Heider about the business and how Artificial Intelligence can improve the efficiency of ocean operations and logistics.

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“Across Logistics” Innovation News Release: April 2019

“Across Logistics” Innovation News Release: April 2019

Logistics Innovation News

Picture Credit: Anthony Bernier/Renault

Welcome to the April issue of “Across Logistics” Innovation News Release, where we are presenting you the latest innovative technologies and important news in logistics that happened over the last month.

Here is the list of topics in this issue:

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Logistics of the Future: Best Trucking Startups

Logistics of the Future: Best Trucking Startups

Best Trucking Startups

This article is part of the “Logistics of the Future” series looking at the best logistics startups today.

Cargo trucks have been a common sight on roads around the globe for decades. But while logistics technology has advanced drastically over the years, the trucking sector remained largely untouched until very recently. Due to its dependence on manual drivers and operations, the industry has struggled to overcome major inefficiencies: Excessive paperwork, long waits at distribution centers, running empty trucks, to name a few.

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Knowing Where Your Logistics Data Comes from is Very Important. Here’s Why

Knowing Where Your Logistics Data Comes from is Very Important. Here’s Why

Logistics Data

In the following guest feature, Nick Chubb, Head of Growth at Intelligent Cargo Systems, shares his insights on why the origin and the quality of logistics data is an extremely important aspect of your business and what are the actionable steps that companies can take today to improve it.

We are increasingly becoming data-driven decision makers in both our personal and professional lives. It’s rare that I will step out of my front door in the morning without checking the weather on my phone, and it’s equally rare that I will make a procurement decision without looking up the supplier on Crunchbase or Capterra to research the market, competitors, pricing, and quality of service. This data-driven approach makes sense for many reasons; I don’t often get caught in the rain without an umbrella and being able to see a supplier’s top competitors ensures I don’t ever pay over the odds for a service. When extended to an organization, a data-driven approach enables teams to better serve their customers by using data to drive their actions. If done correctly, it enables an organization to take a far more customer-centric approach to how they do business.

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How to Solve Empty Container Repositioning Problem with Technologies

How to Solve Empty Container Repositioning Problem with Technologies

Empty Container Logistics

Container shipping transports 95% of all manufactured goods around the world. It is the industry that underpins the global economy – the quantity of goods carried by containers has risen from around 102 million metric tons in 1980 to about 1.83 billion metric tons in 2017, which is now worth over $4 trillion of products.