AI-driven transformation in supply chain and logistics: Redefining efficiency and resilience

13^th Global Summit on Artificial Intelligence and Neural Networks

March 14, 2025 | Webinar

Haroon Rashid

Regional Purchasing Manager, CANPACK US LLC, USA

Scientific Tracks Abstracts: J Comput Sci Syst Biol

Abstract :

Artificial Intelligence (AI) is revolutionizing the supply chain and logistics sector, offering unprecedented efficiency and resilience. The global AI in supply chain market is projected to grow from USD 4.5 billion in 2023 to approximately USD 157.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of 42.7%. This significant growth underscores AI's transformative potential in addressing longstanding inefficiencies. Leading retailers like Walmart have harnessed AI to enhance demand forecasting, resulting in more accurate inventory management and reduced waste. By integrating AI and machine learning, Walmart has improved its ability to predict customer demand, streamline inventory flow, and optimize costs. This integration has enabled Walmart to maintain optimal stock levels, ensuring product availability and minimizing overstock situations. In logistics, companies such as DHL have implemented AI driven route optimization to enhance delivery efficiency. By utilizing AI-powered software, DHL has improved route planning, leading to more efficient deliveries and reduced operational costs. This optimization not only enhances delivery speed but also contributes to sustainability efforts by lowering fuel consumption and emissions. The COVID-19 pandemic highlighted the critical role of AI in managing supply chain disruptions. AI-powered platforms provided real-time visibility and predictive insights, enabling companies to navigate unprecedented challenges and maintain operational continuity. Despite these advancements, challenges persist in AI adoption, including data privacy concerns, integration complexities, and the need for a skilled workforce. A 2022 survey indicated that over a third of executives expected their companies to achieve widescale AI adoption in supply chain and manufacturing by 2025. This presentation will delve into AI's transformative impact on supply chain and logistics, supported by real-world examples and data. Attendees will gain insights into leveraging next generation intelligence to enhance efficiency, sustainability, and resilience in an era of constant disruption.

Biography :

Haroon Rashid, is a distinguished expert in supply chain management and logistics, with over two decades of professional experience in diverse manufacturing and trading environments. Serving as a Regional Purchasing Manager at CANPACK USA, Haroon has been instrumental in implementing strategic procurement and logistics solutions that drive efficiency, reduce costs, and enhance operational resilience. His areas of expertise include global logistics management, inventory optimization, and sustainable procurement practices, underpinned by a commitment to continuous improvement and ethical business standards. Haroon's academic credentials are equally impressive, holding dual MBAs in Global Business Management and Operations Management, alongside a Global Master Certificate in Integrated Supply Chain Management and CILT from APICS. He is an active member of several professional bodies, including APICS, and has received numerous awards for his contributions to supply chain excellence. His research and professional pursuits focus on advancing innovative supply chain methodologies, making his insights particularly valuable in addressing contemporary industry challenges.