May 4, 2022

Startups apply artificial intelligence to supply chain disruptions

Posted by in categories: biotech/medical, business, food, robotics/AI

A growing group of startups and established logistics firms have created a multi-billion-dollar industry applying artificial intelligence and other cutting-edge… See more.

LONDON, May 3 (Reuters) — Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food.

In response, a growing group of startups and established logistics firms has created a multi-billion dollar industry applying the latest technology to help businesses minimize the disruption.

Interos Inc, Fero Labs, KlearNow Corp and others are using artificial intelligence and other cutting-edge tools so manufacturers and their customers can react more swiftly to supplier snarl-ups, monitor raw material availability and get through the bureaucratic thicket of cross-border trade.


Comment so far

  1. cupcake 2048 says:

    Great idea! We always have different changes to suit the times.

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