Feature
Artificial intelligence (AI) is a key technology implemented by companies to manage their logistics operations. Companies are using AI to help automate logistics processes, such as supply chain oversight, fleet management and shipping efficiency. Here, we look at some of the top companies providing AI in the logistics industry.
1. Blue Yonder
Blue Yonder’s Luminate platform, with embedded AI and machine learning (ML), is designed to help create an autonomous supply chain by uncovering patterns and insights from real-time data for disruption prediction and automatic course-correction. The platform helps users synchronize solutions across planning, execution, labor, e-commerce and delivery. It is intended to optimize end-to-end logistics and provide a single source of truth from planning through execution.
2. Alpha Apex
Alpha Apex offers several AI-based logistics solutions: route optimization to reduce transit time and operational costs; demand forecasting to predict demand and inventory levels; warehouse automation to enhance warehouse operations with automation and robotics; and real-time tracking of shipments to ensure timely deliveries. Customers receive customized AI logistics solutions, which are designed to ensure integration. AI-based data analysis also helps uncover insights and optimize logistics strategies.
3. Transmetrics
The AI-powered Transmetrics platform is designed to optimize logistics planning and asset management. The company offers solutions for trucking, empty container management, line-haul planning and fleet maintenance. The platform connects with a transportation management system (TMS) and enterprise resource planning (ERP) and asset management software. It uses an automated process of data extraction and ML algorithms to improve data quality, resolving data quality issues, such as missing events, values and dimensions as well as duplications and outliers. The data provides historical reporting on operational performance and visibility on trends and inefficiencies.
4. Shipsy
Shipsy’s AI-powered platform is designed to empower global companies to optimize, automate, track and simplify end-to-end logistics and supply chain operations. The platform and mobility suite connects cross-border and local logistics by automating operations. It is designed for intelligent 3PL management, with visibility of first, middle and last-mile operations for operational efficiency and real-time analytics to help users make informed decisions. The company is named a niche player in this year’s Gartner “Magic Quadrant” for transportation management systems.
5. Shippeo
Shippeo’s AI-based platform provides real-time multimodal transportation visibility to help shippers and logistics service providers operate more resilient, sustainable and customer-centric supply chains. Shippeo’s Multimodal Visibility Network integrates with more than 1,000 TMS, telematics and electronic logging device (ELD) systems, providing access to real-time shipment tracking across transport modes. The network’s AI and ML enables logistics enterprises to see potential problems, proactively alert customers and efficiently manage exceptions with collaborative workflows as well as measure CO2 and GHG emissions from transport operations.
6. Baltic Transline
Part of BTL Group, Baltic Transline’s AI-enabled logistics solutions help customers with international freight forwarding as well as a variety of other logistics needs. The company uses advanced tracking systems and data analytics to optimize routes, monitor shipments in real-time and ensure timely deliveries, with the goal of reducing operational costs and improving overall efficiency. Its services support road transport, including full truckload (FTL) and less-than-truckload (LTL) shipments, air and sea freight and warehousing.
7. Altana
Altana’s platform is designed to be a dynamic, intelligent and universal map of global supply chains. The platform can help companies manage supply chains through AI-powered insights and collaborative workflows to take action across extended supplier and customer networks. The technology architecture is set up to enable users to build trust by sharing intelligence without sharing their underlying data.
8. 7bridges
The AI-driven 7bridges platform enables logistics companies to consolidate data into a single platform to gain control over their network, providing insights into past performance and preparing for the future. The platform helps book, track and manage shipments as well as ensure invoices align to rate cards and contracts. The technology also enables logistics companies to use various “what if” scenarios to help forecast cost, performance and the impact of emissions.
9. FourKites
FourKites’ platform provides global supply chain visibility to improve planning. It uses data from millions of daily global shipments and Fin AI — the FourKites Intelligence Network — to help companies mitigate risks and improve responsiveness across their supply chain. The technology can surface buried insights, identify opportunities for optimization and automate time-consuming tasks. FourKites is named a leader in this year’s Gartner “Magic Quadrant” on real-time transportation visibility platforms.
10. Sifted
Sifted’s AI-powered Logistics Intelligence platform is designed to provide users with daily tools and insights to mitigate risk, reduce costs and improve customer experience. The technology provides alerts, decision support and carrier management features. Users can determine how new parcel sizes will affect the bottom line, transit times, shipping rates and run re-rating scenarios to optimize shipping scenarios.
