AI News, SingPost to use AI to improve parcel traceability, reliability for ... artificial intelligence
Alibaba-backed SingPost to deploy LogiNext tech to boost last-mile delivery
US and India-headquartered LogiNext, which raised its Series A round of $10 million from Alibaba-backed Indian payments major Paytm, is also looking to raise its next round of funding which is said to be in the region of $10 million in a deal likely to close very soon.
The company claims that the capability will benefit operations in congested Asian cities such as Bangkok and Jakarta, where customers are provided vague parcel arrival times due to reasons such as traffic jams and extreme weather conditions.
SingPost deploys artificial intelligence to offer better delivery service for customers
Singapore Post (SingPost) is deploying Artificial Intelligence (AI) on its regional logistics platform Last Mile Platform (LaMP) to enhance parcel traceability and reliability for customers. In a press statement on Monday, December 10, SingPost said the platform will be utilising machine learning and AI route planning software from LogiNext.
The solution will allow LaMP to autonomously plot optimised courier delivery routes based on multiple factors. These include parcel destinations, customer preferences (such as “blackout” or preferred times for delivery), as well as real-time ground data including traffic and weather conditions.
This is especially convenient for customers in dense cities such as Bangkok and Jakarta, where generally only vague parcel arrival times are provided due to a myriad of reasons such as traffic jams and extreme weather conditions.
Daily Briefing: Home prices may fall by as much as 3% in 2019; Grab unveils 7th R&D centre in Malaysia
in 2019 as government moves to curb aggressive land bids from developers and en-bloc or redevelopment transactions will continue to impact the slowly reviving market.
The government said earlier this month it also plans to slow its release of land sales for residential use in the first half of 2019, citing a spike in supply and a cooling in demand.
From e27: Grab unveiled its 7th global research and development (R&D) centre in Kuala Lumpur which will focus on developing and enhancing real-time communication features such as voice over internet protocol (VOIP) calls via GrabChat.
From Channel News Asia: Singapore Post customers may soon receive alerts half an hour before their courier arrives in a bid to improve parcel traceability, better plot courier routes and alert customers to deliveries thanks to its new artificial intelligence (AI) enabled logistics platform.