Transformation of logistics sector with AI and other modern technologies

Twelve Engineer AI and big data companies are convening in D.C. for Dcode Accelerate, which assists startups entering the federal market.

Over a 10 week period running between February and April, Foggy Bottom–based Dcode will work with the companies to develop federal strategies and introduce them to government and tech industry leaders.

Artificial Intelligence in Supply Chain Market, By Component (Software, Network, Hardware, FPGA, GPU, ASIC), by End-Users (Automotive, Retail, Manufacturing), by Technology (Machine Learning, Natural Language Processing) – Global Forecast till 2023Market OverviewThe popularity of e-commerce solutions is estimated to enhance the AI in Supply Chain Market 2020.

The ICT industry reports are produced by Market Research Future, which highlights market options for expansion.

Based on the applications, the AI in Supply Chain Market is segmented into warehouse management, supplier relationship management, supply chain planning, fleet management, logistics & shipping, risk management, among others.

Based on the end-users, the AI in Supply Chain Market is segmented into food & beverage, automotive, retail, manufacturing, aerospace, consumer electronics, and others.

Based on the region, the AI in Supply Chain Market is segmented into Europe, Asia-Pacific, North America, and the rest of the world.Detailed Regional AnalysisThe regional analysis of the market finds that the North American region was the most important AI in Supply Chain Market in 2017, trailed by the regions such as Asia-Pacific and Europe, correspondingly.

The escalating market diffusion of E-commerce sustained by the rising trend of online purchase and creating network infrastructure & digital technology are some of the key factors motivating the market augmentation of the AI in supply chain in the region.Competitive AnalysisThe scope of development of the market shows a high growth potential that the market can achieve in the coming years.

The size of the Chatbot market is expected to reach around “1.25 billion U.S. dollars in 2025, a remarkable increment from the market estimate in 2016, which remained at 190.8 million U.S. dollars.” Chatbot, also known as a conversational bot or conversational man-made brainpower use AI programming to direct a discussion in common language by means of sound or content.

In any case, recently a huge number of new advancements have reformed the logistics industry.

Warehouse framework could increase its efficiency and automate the picking methodology, ensuring that crucial things are immediately found and packaged for movement.

Although self-driving vehicles and robot movements are still in their nascency they offer a mind-blowing method for improving security and diminishing last-mile transport costs.

From the coordination perspective, there are two different ways Chatbots can profit the organization:

Customer-facing tasks, for example, conveyance booking, shipment following, conveyance related request;

In the modern-day world, technology has become an essential part of our lives and influences our choices, behavior, actions, and decisions.

The supply chain network is a fundamental part of eCommerce, it centers around obtaining raw material, assembling, and delivery of the goods on time.

It incorporates overseeing and controlling: Product manufacturing Order processing Inventory management Storage and warehousing transportation Importance of Supply Chain in eCommerce business: The E-commerce field has become highly competitive over the past few years.

Due to lockdowns worldwide and health risks, many people prefer to do online shopping then go to physical stores.

Modern customers demand transparency and order tracking and for that retailers are already using digital unboxing as an important piece of their packaging process.

An eCommerce business supply chain management reduces the number of phases and this way saves cost.

With continuous development and flexibility in use, artificial intelligence is a powerful tool for improving logistics workflows.Whether it is a supply chain of goods or various analytics, artificial intelligence will ensure superior efficiency of any process.In this article, we will look at several examples of how you can use artificial intelligence in logistics and also take a closer look at well-known companies that have introduced artificial intelligence into their workflows.Without further ado, let’s begin.

Artificial intelligence in supply chain market is a rise in demand for greater visibility and transparency in the supply chain and logistics data maintained by the companies and hence this factor will be the driving factor for the growth of the market.

Artificial Intelligence stores high amount of data and information and hence to avoid traditional data monitoring artificial intelligence in supply chain will be the opportunity factor for the market.The lack of workforce and the increasing cost for the same is one of the most important factor for driving the market towards adoption of artificial intelligence in the supply chain market.

The artificial intelligence requires coding which will be restraining factor for the market growth as the skilled workforce which are specialised in coding are required.Artificial intelligence in supply chain market is expected to reach USD 46.22 million by 2027 at a CAGR of 8.1% in the forecast period of 2020 to 2027.

Data Bridge Market Research report on artificial intelligence in supply chain market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.This Artificial Intelligence in Supply Chain Market research report intensely analyses the potential of the market with respect to current scenario and the future prospects by considering several industry aspects of Cardinal Health industry.

The report also recognizes and analyses the rising trends along with major drivers, challenges and opportunities in the market.

This Artificial Intelligence in Supply Chain Market report provides major statistics on the market status of global and regional manufacturers and is a helpful source of assistance and direction for companies and individuals interested in Healthcare industry.

12 Engineer AI and big data companies are about to entering Dcode’s 2020 accelerator program.

The Dcode team and mentors will work to equip the companies with what they need to win federal contracts and meet government needs.

Artificial Intelligence in Supply Chain Market stores high amount of data and information and hence to avoid traditional data monitoring artificial intelligence in supply chain will be the opportunity factor for the market.The lack of workforce and the increasing cost for the same is one of the most important factor for driving the market towards adoption of artificial intelligence in the supply chain market.

The artificial intelligence requires coding which will be restraining factor for the market growth as the skilled workforce which are specialised in coding are required.Artificial intelligence in supply chain market is expected to reach USD 46.22 million by 2027 at a CAGR of 8.1% in the forecast period of 2020 to 2027.

Data Bridge Market Research report on artificial intelligence in supply chain market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Click Here to Get Sample Report of Artificial Intelligence in Supply Chain Market @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-artificial-intelligence-in-supply-chain-marketMarket Drivers and Restraints:Based on technology, artificial intelligence in supply chain market has been segmented into machine learning, natural language processing, context-aware computing and computer vision.On the basis of application, artificial intelligence in supply chain market has been segmented fleet management, supply chain planning, risk management, warehouse management, virtual assistant, freight brokerage and others.On the basis of industry, artificial intelligence in supply chain market has been segmented automotive, aerospace, manufacturing, retail, healthcare, consumer-packaged goods and food & beverages.The major players covered in the Artificial Intelligence in Supply Chain MarketThe major players covered in the artificial intelligence in supply chain market report are Amazon, ClearMetal Inc., Deutsche Post AG DHL, FedEx, General Electric, Google LLC, IBM Corporation, Intel Corporation, LLamasoft Inc., Micron Technology, Microsoft Corporation, NVIDIA Corporation, Oracle Corporation, SAP, Samsung, Xilinx, Fraight AI, C.H.

Robinson, E2open, Relex Solution, Presenso, Cainiao Network, Splice Machine, Logility, among other domestic and global players.

Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.

October 11, 2019: With the combination blockchain and Artificial Intelligence (AI), IBM has introduced a new software to build a global supply chain with reduced cost and lesser complexities.

The open-to-developers, self-correcting and intelligent ‘IBM Sterling Supply Chain Suite’ is designed to learn from experience, creating greater reliability, transparency and security.

Businesses, manufacturers and retailers can have a competitive edge by integrating the data and networks of their suppliers and customers to a more secure and open platform with the support of a hybrid-cloud, says the press release.

The flexible IBM Sterling Supply Chain Suite provides open development capabilities that lets companies quickly tailor solutions to meet their unique business needs.

The tech giant is aiming at a $50 billion market for technologies that can digitally transform the logistics of global businesses.

Bob Lord, senior vice president of cognitive applications and developer ecosystems, IBM, said, "By modernising supply chains on top of open, hybrid-cloud platforms and infusing Watson AI, IBM Blockchain and IoT into their networks, the IBM Sterling Supply Chain Suite can help companies across all industries enter a new era of global competitiveness.