AI Myth Busters


Debunked: Top myths about AI in transportation

Artificial intelligence is revolutionising the world, and transportation logistics is no exception.

As with any disruptive technology, AI brings excitement and opportunities, but also questions and concerns that can give rise to myths. Uncover the top eight myths about AI-powered transportation and find out the truth.

See how industry leaders like Nestlé, IKEA, ABInBev, Hisense Gorenje and RPM Logistics have debunked these myths by leveraging AI to enhance their transportation, boost competitiveness and positively impact their bottom line.

What is Autonomous Procurement?

Designed to keep pace with changing market conditions, Autonomous Procurement is an intelligent AI-powered solution that leverages machine learning, predictive data analytics and behavioural science to secure capacity at cheaper rates. When a shipment doesn't receive immediate responses, the system dynamically adjusts the price in line with current market trends, ensuring rapid capacity acquisition.

As well as delivering discounted rates, this data-driven strategy also eliminates the need for lengthy negotiations. At the same time, carriers benefit from faster load assignments and more competitive pricing, leading to significantly increased satisfaction.

With Autonomous Procurement, you can enjoy:

  • 7–12% savings, compared to traditional spot buying
  • 20% more efficiency 
  • 80% no-touch execution of volumes transacted through the platform
  • 90% success rate in securing capacity 
  • Two-hour average match time 
  • Streamlined spot buying 
  • Enhanced understanding of market dynamics through interactions with carriers

Discover AI-powered Autonomous Procurement to cut costs and achieve better rates.

Fill out the form to get a demo.

 

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