LuminX Targets Supply Chain Ops with $5.5M

Stanford AI Index identifies supply chain optimization as the leading domain for AI ROI
Logistics delays and inventory errors that once passed as routine are now profit killers, and outdated warehouse systems and inaccurate forecasts have only added on to those problems. Across every sector that relies on logistics (retail, e-commerce, pharmaceuticals, construction) supply chain leaders are realizing that old systems are too outdated and brittle for today’s business needs. This makes it fertile ground for AI-powered tools and advancements like predictive analytics for SKU demand, AI-powered robotics, and vision systems that eliminate human error from inventory audits, that are enhancing logistics. “AI allows an operation to be more cost effective, precise, visible and efficient,” says Andre Luecht, Zebra Technologies’ global strategy lead for transport and logistic
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Picture of Mukundan Sivaraj
Mukundan Sivaraj
Mukundan covers the AI startup ecosystem for AIM Media House. Reach out to him at mukundan.sivaraj@aimmediahouse.com.
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