Artificial Intelligence for Risk Management Process by MovingNow

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Press Trust of India HYDERABAD
Last Updated : Oct 14 2019 | 5:40 PM IST

/ -- Artificial Intelligence (AI) revolution has arrived in the Logistics space and how. Even in its infancy, AI is already enabling self-driving trucks. Mandate Logistics Systems has developed proprietary Risk Management System software for supply chain and logistics that offers, amongst other benefits, enhanced resource management with the ability to monitor various pivotal factors in transportation.

The Risk Management process, today, is akin to Business Process Management - given the complexities involved in business operations in today's day and age. While process management looks to outline rules and guidelines for managing and executing processes in supply chain to optimize workflows and determine risks, Compliance has a duty to keep the organization within the rules and the law, thus steering organizations clear of institutional risks. The new age supply chain is global and complex. And at this spatial magnitude, supply chains become more unpredictable where the risk of disruption intensifies.

Can Artificial Intelligence and Machine Learning make Supply Chain and Logistics smart?
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First Published: Oct 14 2019 | 5:40 PM IST

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