How AI in Logistics transforms the global supply chain
August 29, 2023
Supply Chain Management (SCM) in 4.0 Industry and 4.0 Logistics is one of the most far-reaching industries for the global economy – especially in the current context, where e-commerce surged up significantly. The rise of Artificial Intelligence – AI in Logistics has fueled the growth of most service industries, and Logistics is no exception. AI...
OCR In Logistics Management: A New Approach To Unblock Supply Chain Bottlenecks
August 29, 2023
The world has witnessed a surge in the logistics market over the last decade, from EUR 102 billion (2009), to EUR 151.9 billion (2019). However, the global supply chain confronted huge discorruption during the time of COVID-19: declined volume, incapacity, and delayed deliveries. There was no space for inefficiencies – this is where technology came...
Top 10 Significant Trends Of AI In Retail 2023
August 29, 2023
According to Fortune Business Insights, the market for artificial intelligence (AI) in the retail industry is expected to grow from $4.84 billion in 2021 to $31.84 billion in 2028. In recent years, the AI adoption rate has increased, and many companies chose this cutting-edge technology out of necessity. However, not all companies understand and be ready to...
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