Spoton Logistics, India’s technology & engineering driven express logistics company, is deploying AI-based Video Analytics solutions in one of its largest hubs in a bid to significantly improve performance and give a boost to operational excellence. The AI-based system adds intelligence to the CCTV camera by analyzing video feed, identifying abnormal events, and sending automated alerts in real-time.
“Over the years, the installation of cameras at logistics hubs and the use of digital technology has helped Spoton Logistics collect data at every checkpoint and provide end-to-end real-time visibility to all stakeholders. This, coupled with the power of AI is now proving to be a game changer. The AI-based Video Analytics solution deployed by Spoton Logistics is at the epicenter of its technological innovation and is helping the business in ways more than one,” a company release underlined.
The use of this solution in supply chain management has helped evoke transparency throughout the process and has provided business intelligence so as to prevent Theft, Pilferage, Damage, etc, thereby minimizing the risk of disruption at any point in the supply chain, it further added.
Commenting on the development, Abhik Mitra, MD & CEO, Spoton Logistics stated, “Almost two-thirds of the logistics costs are hidden, which is attributable to theft and pilferage of cargo, and holding of inventory. AI helps address this in an effective manner by automating processes and providing real-time visibility and alerts so that corrective measures can be taken”