“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.