The question is especially relevant for logistics providers. One study finds that ocean carriers will lose at least $5bn this year, in large part due to a glut of unneeded capacity. Clearly they need to do a better job of matching supply and demand, and the age of Big Data offers a tempting solution to the problem. But Big Data can also lead to Big Chaos, unless providers have a means of sifting through that mass of information and interpreting it properly. That's where artificial intelligence and machine learning come in. On this episode, we speak with Adam Compain, founder and chief executive officer of ClearMetal, who outlines recent advances in A.I. and talks about how it can be used to enable true "predictive logistics." Humans, it seems, just aren't up to the task anymore. Hosted by Bob Bowman, Managing Editor of SupplyChainBrain.
Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes.
A ClearMetal white paper on the "21st Century Carrier."
Stream or download podcast here
Timely, incisive articles delivered directly to your inbox.