GXO Logistics, Inc. (NYSE:GXO) is one of the 15 successful spin-off companies. On June 26, the company launched GXO IQ, an artificial intelligence-powered platform built for the logistics industry.
A warehouse worker unloading a line matrix printer in the background, showing the company's transportation and logistics capabilities.
The AI-powered platform is designed to help businesses navigate the complexities of global supply chain networks. It deploys industry-leading AI capabilities that orchestrate more productive and dynamic logistics operations.
GXO IQ leverages proprietary AI algorithms to orchestrate complex, multi-step actions across inventory distribution and movement. It is, therefore, tailored to enhance order picking, packing, shipping, and staffing. It also leverages a best-in-class technology stack, including Google Cloud’s Vertex AI and Snowflake Cortex AI.
“We see AI as the central nervous system of the modern supply chain, transforming it from a linear sequence of operations into an intelligent, interconnected ecosystem. GXO IQ is a powerful example of this transformation in action,” said Paula Natoli, Global Director, Head of Supply Chain & Logistics, and Google Cloud.
GXO Logistics, Inc. (NYSE:GXO), formerly the global logistics segment of XPO Logistics, is a worldwide provider of logistics services specializing in contract logistics. It offers technologically advanced supply chain solutions, handling complex logistics challenges for its customers.
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Disclosure: None. This article is originally published at Insider Monkey.