Ways to think about the Supply Chain of the Future: Artificial Intelligence

Ways to think about the Supply Chain of the Future: Artificial Intelligence

The fact that supply chains and logistics companies already have a vast amount of data and processes that could be turned into actionable insights rather quickly, just means that there is potential for AI to take supply chains on a journey from very good to perfect.

Artificial intelligence techniques allow for vast amounts of data to be analyzed, categorized, and then turned into actionable insights with reduced or no human input. As an example,

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Long-Haul Trucking: The First and Best Use Case for Level 5 Self-Driving Vehicles

Long-Haul Trucking: The First and Best Use Case for Level 5 Self-Driving Vehicles

Transportation has been the source of some of the greatest innovations in human history from the invention of the wheel to automobiles, ships , trains, planes, and rockets. These innovations have profoundly impacted how we move around, how we trade, and how quickly and cost effectively this all happens. Autonomous vehicles may very well be the next great innovation in transportation but the journey will likely be a long one.

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My Entry to the DHL Logistics Innovation Challenge

My Entry to the DHL Logistics Innovation Challenge

I entered the 2017 DHL innovation challenge which was a contest to apply the principles of the sharing economy to logistics. There were more than 60 entries and the winner of this year’s challenge was Parcelly, a UK startup that provides on-demand collection points to resolve the problems associated with failed deliveries.

Below is the full written proposal and the video I submitted for the challenge. My idea was called Flexi-Deliv, a crowdsourced final mile hub and delivery platform that aims to create a hassle-free delivery experience for online shoppers through a sharing community of local businesses, neighbors, and couriers.  

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Rebuild Your Supply Chain With the IoT

Rebuild Your Supply Chain With the IoT

By now, you may be familiar with how the Internet of Things, or IoT, makes daily life much more convenient for the average consumer. The IoT refers to devices that connect to a network; wearable fitness trackers, smart thermostats, and voice-activated home assistants all qualify as IoT products.

However, these items by no means represent the full scope of benefits that IoT programming has to offer. Businesses can also take advantage of this technology to optimize their global supply chains.

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Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

Disrupting Logistics: 4 Innovative Blockchain Startups to Watch in 2018

The global logistics market is predicted to reach US 15.5 trillion in 2023. The world runs on trade and traditionally the industry has been plagued by inefficient processes, middlemen, and archaic technology. As a result, venture capital has poured into logistics startups over the last few years in an attempt to digitize the supply chain.

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A Blockchain Primer for Logistics and Supply Chain

A Blockchain Primer for Logistics and Supply Chain

The blockchain is a fascinating technology innovation that has the potential to disrupt many different industries. Here is a brief primer on the technology and potential use cases in supply chain and logistics. A blockchain is an open and distributed, digital ledger that can record transactions between two parties in an efficient and verifiable manner without the need of an intermediary.

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This is the Exciting Future of Augmented Reality

This is the Exciting Future of Augmented Reality

This is a guest post from Rae Steinbach at Y Media Labs, an award-winning mobile strategy and application development company based in Silicon Valley. The topic, augmented reality (AR), is of particular interest to me both personally and professionally. I have written about use cases for augmented reality in logistics here, and Y Media Labs has actually developed an AR drone flight simulator app in partnership with Drone Company DJI and Epson. These guys are really plugged into the future of AR - I hope you enjoy.

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Connecting the Dots on Amazon's patents in Logistics

Connecting the Dots on Amazon's patents in Logistics

I've dug into Amazon's patent filings over the last five years and mined the patent titles for keywords related to inventory and logistics. Patents range from the mundane like optimization of packaging sizes or allocating regional inventory to reduce out-of-stock costs to the more technologically advanced like autonomous vehicles, mobile ground-based fulfillment centers, and drones. At the far end of the spectrum are topics that appear to be more the realm of sci-fi fantasy like underwater warehouses, airborne warehouses, and beehive-like warehouses, but hey, who knows.

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Location, Location, Location: Amazon Buys Whole Foods

Location, Location, Location: Amazon Buys Whole Foods

Amazon announced on Friday that it is acquiring Whole Foods for $13.7 billion. This will be Amazon’s largest acquisition to date but the purchase price is just 3% of Amazon’s market cap. And while many takes are centered around Amazon getting into physical retail, the most valuable component of the acquisition is the 400+ Whole Foods stores that enable Amazon to meet rising consumer expectations around fast and cheap shipping and make a broader push into perishables and food delivery. A few main takeaways:

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Onfleet and a Last Mile Delivery Platform

Onfleet and a Last Mile Delivery Platform

The local last mile delivery market is a fragmented one with about 7,500 courier and parcel delivery companies in the U.S. alone. Within this crowded delivery market are logistics providers that range from giants like Fedex, UPS, and DHL, to retailers like Amazon, technology companies like Uber and Postmates, and many small-and medium-size operations in between. Technology is rapidly changing how consumers interact with businesses and this has led to on-demand delivery business models that enable local businesses to reach more local customers.

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The Amazonification of Logistics

The Amazonification of Logistics

The evolution of eCommerce has had a dramatic impact on both retail and logistics. Much of the changes have been spearheaded by Amazon who are largely responsible for shaping customer behavior and driving customer expectations around delivery. Many customers now want their packages next-day, same-day, or even within one hour and as a result logistics networks have evolved to reflect these changing customer preferences. Amazon has had such a major impact on eCommerce...

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Last Mile Delivery - Is it time to Share?

Last Mile Delivery - Is it time to Share?

There's a growing market in the last mile for same-day and next-day delivery fuelled by increasingly demanding customer expectations. Non-traditional delivery providers, like Uber and Amazon, are building innovative solutions and could be well positioned to be market disrupters in the battle for the last mile. Uber has a first mover advantage via their existing ride-sharing platform; a deep and re-purposable delivery fleet with optimised routing algorithms combined with the ability to raise enormous capital. And then you have Amazon,

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What's that Giant Sucking Sound? Amazon and Retail Revenue

At its current growth rate, Amazon could double in size in the next three years. Or, to be more blunt, Amazon could suck the same amount of value out of the U.S. retail market in three years as it has in the previous twenty. Let that sink in. Even though the size of eCommerce is relatively small - just under 10% of total retail, Amazon is building an almost unassailable moat around online retail.

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Automation in Logistics and the Future of Work

Automation in Logistics and the Future of Work

Several recent studies have suggested that nearly half of all jobs are susceptible to automation in the next 20 years. Robots and artificial intelligence are poised to displace jobs in various industries, and the logistics industry is highly vulnerable to job loss. Recently notable tech leaders have made statements in regards to how to deal with automation displacing jobs. Bill Gates has argued for a robot tax to recapture money that displaced workers would have paid as income tax. Elon Musk advocates for a universal basic income...

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