LESS HUMAN INTENSIVE, MORE DATA DRIVEN
Maritime Gateway|May 2020
AI provides transformational opportunity for logistics industry by improving customer experience, operational efficiency, faster turnaround time and lower cost while ensuring security and transparency. Macro environment requires industry to transform to be less human intensive, agile and data driven, all of which can be accelerated by AI adoption, shares Gangadhar Gude, Founder & CEO, atai.ai
Gangadhar Gude

Q What does Artificial Intelligence (AI) mean to logistics industry?

AI to logistics industry simply means how can I run my business more efficiently, how do I provide a better customer experience, how do I shorten the transaction time and how do I predict my business with more confidence? Logistics industry encompasses many areas including packaging, transportation, warehousing and last mile distribution of goods. Each area is very complex involving humans, equipment, space and time. Added to this complexity, the entire logistics industry is very fragmented with each area being handled by different players. Lack of information and data flow in a standardized and structured manner is a challenge found in this industry.

Technology adoption and innovation in manufacturing industries and changing customer expectations due to technology penetration in their day to day lives has put lot of pressure on the logistics industry to deliver the goods in shorter time at lower cost, while ensuring commitments, security and transparency. Artificial Intelligence powered by computer vision, process refinement and task automation can help this industry to truly reinvent itself. Additionally, AI can help logistics industry to become agile, so that companies can adapt to fast changing disruptions in macro‐economic circumstances pertaining to global trade and shifts in supply chain.

Q What best practice examples of AI used in other industries can be applied to logistics?

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM MARITIME GATEWAYView All

GARMENT TRADE TRAMPLED

As retailers face a shutdown in US and Europe, the cascading affect has caused mass cancellation of orders in Bangladesh

2 mins read
Maritime Gateway
May 2020

TRADE RESUMES WITH CHINA

While India has allowed uninterrupted movement of imports into Nepal even during lockdown, China is reopening its borders as it emerges from the pandemic

2 mins read
Maritime Gateway
May 2020

LESS HUMAN INTENSIVE, MORE DATA DRIVEN

AI provides transformational opportunity for logistics industry by improving customer experience, operational efficiency, faster turnaround time and lower cost while ensuring security and transparency. Macro environment requires industry to transform to be less human intensive, agile and data driven, all of which can be accelerated by AI adoption, shares Gangadhar Gude, Founder & CEO, atai.ai

6 mins read
Maritime Gateway
May 2020

SHAKEN AND STIRRED

The COVID-19 pandemic has partially paralysed the logistics and supply chain, but the industry is still deterred to ensure supply of essentials continues

9 mins read
Maritime Gateway
May 2020

TRADE STUCK, ECONOMY SLOWS DOWN

Sri Lankan economy slows down as trade deficit widens and supply chain disrupts amidst lockdown

2 mins read
Maritime Gateway
May 2020

LENDING INTELLIGENCE TO SUPPLY CHAIN

If you’re shipping millions of dollars’ worth of pharmaceuticals, high-end electronics, expensive seafood, or precious metals, what would you be willing to pay for the ability to ‘ask’ your shipment where it is right now and whether it’s ok? What would you pay for a freight smart enough to raise an alarm before it spoils? Artificial Intelligence enables that and much more…

10+ mins read
Maritime Gateway
May 2020

CONTAINER LINES SIGNAL ‘SOS'

As the per-unit cost of operations increases many lines are forced to blank sailings which has hit their bottom line real hard. The Government and Terminal Operators therefore need to actively consider reduction in Vessel Related Costs

2 mins read
Maritime Gateway
May 2020

Digital Platforms Defy Lockdown

Digital trading modules such as eNAM are enabling farmers to move their produce from farm to market even during the lockdown

4 mins read
Maritime Gateway
May 2020

Impact Of Covid-19 On Shipping And Logistics

Industry stalwarts discuss threadbare the prevailing logistics and supply chain scenario and issues in clearing cargo during the COVID-19 lockdown

10+ mins read
Maritime Gateway
May 2020

MONGLA PORT ADDS MORE MUSCLE

Mongla Port is expanding its infrastructure and boosting connectivity to better handle the domestic exim traffic and transhipment of goods from India, Nepal and Bhutan

2 mins read
Maritime Gateway
April 2020
RELATED STORIES

Fighting Fire With Founders

Silicon Valley startups are taking aim at deadly wildfires. But saving lives will require cutting through red tape, fast.

10 mins read
Inc.
May - June 2021

David Neeleman Has No Fear Of Flying

The founder of JetBlue has overcome some crazy setbacks on his way to becoming the most successful serial airline entrepreneur in history. So why would he let a global pandemic get in the way of launching his latest carrier?

10+ mins read
Inc.
May - June 2021

COVID's Silver Lining: A Calmer Life

This family left the West Coast for a simpler lifestyle in a small Cape Cod town.

3 mins read
Kiplinger's Personal Finance
July 2021

5 FOOD that promote a better nights sleep naturally

Whether you have trouble falling asleep or staying asleep, there are many strategies one can take to help improve one’s night sleep. Many choose to opt for sleeping aids, melatonin, essential oils, and more. But did you know that food can actually play a huge role in your night's sleep?

2 mins read
Alternative Medicine
April 2021

102 Minutes With… Aida Turturro

The Sopranos star finds her second calling on Cameo.

7 mins read
New York magazine
May 24 - June 06, 2021

EVERYTHING YOU NEED TO KNOW ABOUT APPLE'S TRACKING DEVICE

GET THE LOWDOWN ON APPLE’S OWN ITEM TRACKERS.

4 mins read
Macworld
June 2021

AIRTAGS: NEXT-GENERATION TRACKING TECHNOLOGY HAS ARRIVED

Two years after they were first rumored, Apple finally lifted the lid on its tracking device AirTag at its Spring Loaded event in April, designed to help consumers keep track of items that matter most.

6 mins read
AppleMagazine
AppleMagazine #497

Logitech Ergo K860

Great keys meet great posture

2 mins read
Mac Life
May 2021

TO BOLDLY GO

An astoundin mission to bring the internet to everyone on the planet is changing the way we think about mass production and procurement. Airbus Oneweb Satellites is shattering earthly bonds and long-held expectations about the linits of possibility.

8 mins read
The BOSS Magazine
April 2021

APPLE UNVEILS NEW PRODUCTS, SCHEDULES PRIVACY CRACKDOWN

Apple spruced up its product line at an event Tuesday while slipping in quiet notice of a software update, now due next week, designed to enhance the privacy of iPhone users at the expense of digital advertisers such as Facebook.

2 mins read
Techlife News
Techlife News #495