The article discusses how Bayer, a leading pharmaceutical and life sciences company, is leveraging artificial intelligence (AI) to streamline its complex global supply chain operations. Bayer has implemented an AI-powered platform called FourKites to track and monitor its shipments across multiple modes of transportation, including ocean freight, air freight, and ground transportation. The AI system analyzes real-time data from various sources, such as GPS tracking, weather patterns, and traffic conditions, to provide accurate estimated times of arrival (ETAs) for shipments. This enables Bayer to proactively identify potential disruptions and make informed decisions to mitigate risks and ensure on-time deliveries. The AI platform also helps Bayer optimize its transportation routes, reduce costs, and improve overall supply chain efficiency. By embracing AI technology, Bayer has gained greater visibility and control over its complex global logistics operations, enhancing its ability to meet customer demands and maintain a competitive edge in the market.
Source: https://www.businessinsider.com/how-bayer-uses-ai-tracking-complex-overseas-shipments-2024-5