Artificial Intelligence for Efficiency Sustainability and Inclusivity in TradeTech 2025
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Predictive analytics: AI excels in using voluminous
data to predict outcomes of logistics operations.
Such predictions can help firms anticipate
cascading effects, such as the ripple effects of
flooding in a rural province or a strike at a single
port. AI can integrate vast amounts of both real-
time and historical data, such as:
–Trade trends
–Weather conditions
–Port traffic
–Geopolitical events
–Economic indicators
–Social media trends
AI can also generate new insights on interrelations,
thereby helping logistics providers plan routes
and forecast demand. Such predictive analytics
improve businesses’ ability to optimize inventory and reduce waste. Moreover, pairing AI with
other technologies like internet of things (IoT)
improves firms’ ability to plan maintenance
schedules and anticipate equipment failure (see
Box 7). By organizing timely repairs, firms can
reduce unexpected downtime and extend assets’
lifespans. These analyses become more accurate
over time as AI continuously learns from and adapts
to past predictions and new data.
Digital twins and simulation: Modelling and
simulations have long been a tool for logistics
providers, and AI enhances these traditional tools
by feeding real-time data into evolving simulations.
The technique of creating “digital twins” allows
logistics operators to replicate supply chain
networks in digital models to represent ports,
warehouses, distribution centres and other transit
nodes. By incorporating sensors, IoT and other data
sources, digital twins allow logistics operators to
manage potential disruptions proactively. Designing
and simulating supply chains – rather than just
accepting inheriting real supply chains – gives users
more flexibility to craft intelligent responses. These analyses
become more
accurate over time
as AI continuously
learns from and
adapts to past
predictions and
new data.
Digital twins by Maersk BOX 9
Maersk has adopted AI in pricing, route
optimization and forecasting models. Its digital
twin modelling allows port operators to assess
responses if storage facilities approach capacity,
strikes loom or weather changes. Digital twins,
powered by data from sensors, can optimize how
the operator should plan the loading and unloading
of containers under such conditions.AI-powered simulations enable the analysis of
historical and current data to maximize efficiency.
Moreover, such tools increase overall safety by
improving training. Port workers and vessel crews
can use digital twins to simulate high-risk scenarios,
thereby reducing accidents and improving resilience.
Source: Maersk
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Artificial Intelligence for Efficiency, Sustainability and Inclusivity in TradeTech
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