AI in logistics and supply chain management

Abstract

Artificial intelligence (AI) applications are pervading logistics and supply chain management. The widespread availability of data, combined with sustained improvements in computing power, provides new opportunities to improve supply chain decision making. Data may originate from digital logistics applications or the connectivity of assets through Internet of things technologies. AI can also facilitate the automation of well-defined workflows. Yet, while AI may appropriate certain tasks, we believe it will not make the job of the logistics planner obsolete. AI empowers and augments human capabilities. This chapter explores and demystifies the opportunities of AI for logistics and supply chain management.