Optimizing Warehouse Operations Through AI-Based Supply-Chain Management

The Global Artificial Intelligence in Supply Chain Market Analysis, 2022, by MarkNtel Advisors presents a well-researched, detail-driven, and accurate study for the stakeholders. This analysis entails prominent aspects like trends, & recent developments, drivers, opportunities, challenges, & restraints, among other parameters, influencing the overall industry expansion across different locations. 

According to Global Artificial Intelligence in Supply Chain Market Research Report: Forecast (2022-27), “The Global Artificial Intelligence in the Supply Chain market is anticipated to grow at a CAGR of around 37.89% during the forecast period, 2022-27. The market is expected to rise due to the expanding need for supply chain route automation and the growing acceptance of AI-based warehouse automation services to enhance accuracy and security.

In addition, the large amount of data gathered by warehouse operations has also increased the adoption of AI-driven products that would aid facility managers in increasing productivity by imparoving inventory management effectiveness.

Furthermore, the low demand for the products could result in a buildup of unsold inventory in the warehouses, making maintenance more difficult. Therefore, demand forecasting with AI integration can assist businesses in producing items precisely and in accordance with little product loss.”, further states the research report.

North America Dominates the Industry On the Geographical Front

Geographically, the Global Artificial Intelligence in Supply Chain Market expands across the North America, South America, Europe, The Middle East & Africa, Asia Pacific. The Global Artificial Intelligence in The Supply Chain Market in North America has grown at a remarkable rate over the course of the past few years. This is a result of the region's significant market participants and growing economies concentrating on enhancing supply chain solutions. In addition, the use of cutting-edge technologies like AI, ML, IoT, and cloud computing in supply chain management is also highly inclined in regional nations like the US, Mexico, and Canada. As a result, the need for AI-based services for various warehouse operations is increasing.

Machine Learning Acquired a Notable Market Share in 2021

The Global Artificial Intelligence in Supply Chain Market is highly fragmented and comprises various bifurcations & geographies. These sections cover information on opportunities & challenges faced by the players, fluctuations in the demand, supply, revenue generation, size, sales, profits, volume, & price, among other parameters for the investors. The stakeholders can also attain an overview of the external factors influencing the industry expansion over the years. The Global Artificial Intelligence in Supply Chain Market bifurcates into the following segmentations:

  • By Application

    • Fleet Management
    • Supply Chain Planning
    • Warehouse Management
    • Virtual Assistant
    • Machine Utilization
    • Others (Risk Management, Freight Brokerage, etc.)
  • By Technology

    • Machine Learning
    • Natural Language Processing (NLP)
    • Context-Aware Computing
    • Deep Learning
    • Computer Vision
  • By End User

    • Automotive
    • Aerospace
    • Retail
    • Food & Beverages
    • Others (Healthcare, Energy, etc.)
  • By Product Offering

    • Hardware
    • Software
    • Services
  • By Deployment

    • On-Premise
    • Cloud

Competitive Analysis 

The researchers at MarkNtel Advisors have rigorously profiled each company operating in the industry, offering insights to the stakeholders about the competition and allowing them to strategize their tactics using the data put together in the report. This information comprises the recent developments, mergers & acquisitions, product/service launches, expansion plans, & opportunities utilized to attain revenue, alongside the role & participation of the governments and more.

The prominent players profiled in the report include Nvidia Corporation, Google LLC, SAP SE, SAS, Amazon Web Services (AWS), Verizon Communications Inc, AT&T Inc, Cisco Systems, Dell, Qlik, Others. Further, FedEx and Microsoft Corporation expanded their collaboration in 2022 to provide "logistics as a service," which will aid companies in better completing, shipping, and providing consumer orders. Additionally, the business began creating data-driven and AI-powered logistics solutions to improve delivery times.

Customization Services 

To avail of exciting offers & customization services on the report, reach out to MarkNtel Advisors and get a personalized analysis of the Global Artificial Intelligence in Supply Chain Market. Out researchers compile data for the stakeholders, incorporating all the prominent aspects influencing the industry expansion alongside the particular chapters requested.

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