Transportation & Logistics
The network-based nature of the Logistics industry provides a natural framework for implementing and scaling AI, reinforcing the human components of highly organized global supply chains. AI helps transportation and logistics companies predict asset failure risk, address inefficiencies, and enhance operational visibility.
AI in the logistics value chaintowards operational excellence
Customer
Fleet Predictive Maintenance Services
AI-enhanced Pricing Optimization
Pickup
Package Logistics Optimization
Transport
Vehicle Path Optimization
Network Design Optimization
Purchased Transportation Optimization
Fleet Predictive Maintenance
Delivery
Inventory Optimization
Administration
Using AI to optimize margins in the logistics industry
AI’s ability to streamline so many supply chain and logistics functions is already delivering a competitive advantage for early adopters by cutting shipping times and costs.
Early adopters of AI in transportation and logistics already enjoy profit margins higher than 5%, while non-adopters find themselves often in the red.
AI delivers enormous benefits to supply chain and logistics operations, including cost reductions through reduced redundancies and risk mitigation, improved forecasting, faster deliveries through more optimized routes, improved customer service, and more.
Talk to your Faktion AI Consultant to learn more about how AI can improve your margins.
Empower the supply chain with intelligent processes
Organizations from various industries like automotive, healthcare, retail, and manufacturing are implementing AI to improve their supply chain processes. With the inclusion of cognitive capabilities like computer vision and natural language processing, AI can handle complex scenarios within the supply chain that otherwise need a manual process.
Ordering, invoicing, inventory management, and many more complex processes can be automated using AI. Faktion has developed a unique set of technologies, enabling its customers in the Logistics and Transportation to streamline their handwritten, document-based processes.
Talk to your Faktion AI Consultant to learn more about how we can automate your supply chain processes.