From real-time inventory monitoring to asset security and predictive data analytics, AI technologies are transforming operations and driving sustainable growth in the logistics industry, says Naresh Kamboj, Founder & CEO, Intosi.

AI has permeated across industries today, including warehousing and supply chain management. Be it the deployment of drones for last-mile deliveries or the utilisation of robots for internal warehouse operations, AI has revolutionised traditional practices, offering unprecedented opportunities for optimisation and efficiency enhancement. The emergence of AI-driven solutions, particularly in the field of video analytics, have immense potential for various applications within warehousing and supply chain management. They help in providing real-time insights and enable data-driven decision-making. Here are some key areas in which AI-driven video analytics is giving substantial benefits. 

Real-time inventory analysis

AI-powered video analytics helps in autonomous monitoring of inventory levels. Through advanced algorithms and image processing techniques, it is possible for cameras to detect and analyse inventory levels in real-time. They generate instant alerts and send them to relevant stakeholders, such as inventory managers or procurement teams. This further enables them to take prompt action to optimise order fulfilment processes and streamline procurement operations. By enhancing visibility and agility in inventory management, organisations can minimise stockouts, reduce carrying costs, and improve overall operational efficiency.

Assets monitoring

It is imperative to ensure the safety and security of assets within warehouses for seamless operations. With AI-based video analytics solutions, it becomes possible to monitor assets, including devices, robots, machinery, and equipment. By doing so, these systems can detect anomalies, such as asset theft or malfunction, and trigger alerts in real-time. Apart from this, they provide a comprehensive 360-degree view, facilitating post-incident analysis and proactive measures to mitigate risks. Additionally, they also help in monitoring the health of assets by analysing various parameters such as outlook, shape, and environmental factors, ensuring optimal performance and longevity.

Access control and intrusion detection

Maintaining the security of high-value inventory items is essential to mitigate the risk of pilferage and unauthorised access. AI-powered video analytics systems can enhance access control and intrusion detection capabilities within warehouses. By leveraging facial recognition, object detection, and behaviour analysis algorithms, they help identify and flag suspicious activities in real-time, thereby safeguarding valuable assets and minimising losses. Whether it is monitoring fragile items, expensive materials, or pharmaceuticals, AI-driven solutions offer a proactive approach to security management, bolstering overall resilience and risk mitigation strategies.

Data analytics using AI

AI technologies facilitate advanced data analytics, enabling organisations to derive actionable insights from large and complex datasets. By harnessing AI algorithms, warehouses can optimise various aspects of operations, such as last-mile delivery performance. Predictive analytics and machine learning models help analyse historical data to identify patterns and trends, allowing for informed decision-making. For instance, AI can assist in selecting the most suitable courier partners based on their past performance for specific regions. This helps in enhancing efficiency, reducing costs, and improving customer satisfaction. 

Conclusion

Integration of AI technologies has the potential to optimise warehouse operations and enable data-driven decision-making across the supply chain. As organisations continue to embrace innovation, leveraging AI will be instrumental in driving sustainable growth and competitive advantage for many years to come.

About the Author:

Naresh Kamboj, Founder and CEO of Intozi Tech Pvt Ltd, is a visionary leader renowned for his expertise in technology and business management. Kamboj’s journey is marked by roles at Gaadiz Automotive Pvt. Ltd, Acxiom Consulting Pvt. Ltd, Jabong, and The American Swan Lifestyle Company Private Limited. His professional background includes collaborations with prominent entities such as VLCC, RJ Corp, and Deviyani International.