Revolutionizing Supply Chains: The Role of AI in Route Planning and Shipment Tracking

Abstract

The integration of Artificial Intelligence (AI) into supply chain management is revolutionizing route planning and shipment tracking by addressing challenges such as high transportation costs, inefficiencies, and lack of real-time visibility. AI technologies enable companies to optimize routes and enhance shipment tracking with unprecedented accuracy. The automotive supply chain is one of the most complex supply chains in the logistics world that applies AI technology to optimize route planning and shipment tracking, enhancing efficiency, reducing delays, and providing real-time visibility and predictive analytics to ensure timely and accurate deliveries. At the same time, the automotive sector is undergoing a significant transformation due to various disruptions in the industry. The increase in demand for electric vehicles (EVs), high fuel prices, and global uncertainties are influencing the use of AI technology in the automotive industry, particularly for route planning and shipment tracking. The study takes up specific areas of concern in automotive industry and its related transformation issues which influence the applications of AI technology in route planning and shipment tracking along supply chain. The approach involves a secondary study available from various sources.