![]() ![]() Shipsy is also focusing on using AI technology that learns from user inputs to optimize every section of the delivery process and better predict outcomes with the hopes that they can save time and money by accurately predicting bad scenarios before they happen and offering solutions. “I think the second would be a lot of conversational AI, kind of coming in to ensure that the communication with the end customer can be streamlined.”Ĭhokshi explained that another one of the big issues that push the cost of logistics is often a lot of small issues arise during the entire delivery process that overall end up taking a lot of time and effort to solve. “I think the one main area where enterprises can invest, to reduce the cost, is efficient routing, route optimization technology, that actually merges both the first and last mile to create integrated routes that utilize the entire capacity of your vehicles,” he said. AI Will Power The Future of Banking Experience in IndonesiaĬurrently, the bulk of costs in logistics are on the first and last mile of the delivery process and Chokshi is confident that Shipsy’s software will help reduce costs significantly as it becomes more widely adopted.Indonesian-Born Miklos Sunario Tells UN Forum AI Changes Education Definition.Tech to Displace 23m Jobs, But It Can Create More.And I think that’s where a lot of crowdsourcing of data technology AI can kind of come in to help solve these problems.” “I think some of these local challenges in terms of addresses and changing routing directions, right, I think this is a big problem to solve. So I think this is one challenge for a country like Indonesia,” Chokshi said. But what do you need for better routing? You need accurate geocodes and addresses. ![]() “When you look at E-commerce and logistics, the thing that's going to help reduce costs is better routing. However, setting up efficient logistics software in Indonesia has its challenges, particularly with what accurate travel information is available when planning out routes for the later stages of delivery. Shipsy is interested in using AI technology to help improve communication between all companies involved in the shipping process while optimizing routes so they are cheaper while still being efficient. Interest in AI technology has risen considerably in recent years as businesses discover new ways to implement the technology to streamline processes. ![]()
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