• The rise of the robots in warehousing As the logistics industry looks to drive down costs to maintain its competitive edge, Artificial Intelligence (AI) and robots are becoming mainstream in warehouse management. According to a report by McKinsey Supply Chain 4.0, the Internet of Things (IoT), advanced robotics, analytics, and big data can potentially lower operational costs by 30 per cent, while […] Fwd News 0 Comments 2 months ago
  • AI making inroads into contract logistics As Artificial Intelligence makes inroads into contract logistics, there is a growing need for a reality check on how well prepared the industry is to adopt the technology, and what the next steps are. Kris Kosmala, Quintiq, Vice President Asia Pacific, talks through the challenges and opportunities. Kris Kosmala 0 Comments October 24, 2018
  • AI makes inroads into warehouse management and beyond The heart of supply chain management is efficient warehouse management, and developments in AI technology are now reshaping storage and inventory processes by providing accurate demand forecasting. According to Mondaq, by 2020, global demand for AI-related products is expected to reach US$47bn, with healthcare and financial services industry sectors driving its growth and evolution. AI […] Fwd News 0 Comments September 26, 2018
  • Technology revolution continues to transform logistics The onset of technical change impinging on the logistics sector is gathering pace, and this trend is occurring in areas such as shipping, which have traditionally been slow adopters of new technology. Take Orient Overseas Container Line (OOCL), the Hong Kong-based shipping line, which recently announced a tie-up with Microsoft Research Asia (MSRA). The stated […] Fwd News 0 Comments May 17, 2018
  • Robots in warehouses of the future are here The pressure is on for logistics companies to provide faster delivery times to customers as demand in e-commerce rises. Robots have been used in factories for many years, but with recent advances in AI (artificial intelligence), a new breed of robots has emerged in the warehouse, bringing automation to a new level. In 2012, Amazon […] Fwd News 0 Comments April 26, 2017
  • Artificial Intelligence making inroads into supply chain As technology continues its relentless march into our lives, most of us are only aware of high profile developments such as the Google car which relieves the driver of the responsibility of steering, accelerating, braking or parking. Google has a range of driverless vehicles in prototype and the company is claiming that accident rates in […] Fwd News 0 Comments August 23, 2016
  • Singapore launches next generation logistics pilot programme Singapore has invested US$14.76 million to support improvements in the integrated and shared delivery systems to reduce bottlenecks on the country’s roads. The pilot programme, sponsored by the Infocomm Development Authority, will see a focus on three shopping malls in the Lion City and last mile delivery from the warehouse to the retail outlets. The […] Fwd News 0 Comments June 9, 2016