This article is part of the “Logistics of the Future” series looking at the best logistics startups today.
We are officially living in the age of Artificial Intelligence. It’s everywhere we look, from AI-powered personal assistants to predictive analytics to making medical diagnoses, Artificial Intelligence is making incredible advances across all industries. Finance, healthcare, education, transportation — and now, in logistics and the supply chain. In fact, a recent report on the state of Artificial Intelligence for enterprises found that supply chain and operations are some of the top areas where businesses are driving revenue from AI investment.
Why is AI making such a big difference in the logistics and supply chain, particularly? The answer most likely stems from the fact that typically, the logistics industry has lagged a bit behind when it comes to implementing new technologies — in fact, one survey reported that 85% of shippers and consignees agreed that the industry is either “slow to change” or “far behind the curve.” But those that do adopt new tech such as AI, predictive analytics, blockchain solutions, RFID tagging and Internet of Things devices are ultimately able to see high ROI and improved efficiency for their businesses.
From last-mile delivery robots, to warehouse automated picking systems and predictive optimization software, Artificial Intelligence is already making a huge difference in the logistics industry in a variety of ways that benefit everyone — carriers, shippers, suppliers, consumers — even the environment is benefitting from AI solutions in the supply chain. With dozens of incredible artificial intelligence logistics startups already out there using new tech to make real change in the industry, we’ve chosen a diverse set to highlight: