8 Innovative Ways the Freight & Logistics Industry Leverages AI
Complex, interdependent processes. Tons of historical data. A constant drive to create efficiencies and reduce waste. These characteristics of the freight and logistics industry all set the stage for significant impact from artificial intelligence technology. As you might expect, AI technology is first and foremost assisting many freight and logistics companies with supply chain optimization. 15% improvement in logistics cost Data from management consulting firm McKinsey & Company revealed that companies using AI for supply chain management have improved their logistics costs by 15% and their service levels by 65% in comparison to peers who didn’t adopt these technologies. Beyond supply chain optimization, the...
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