If you are a business that relies on shipping goods to customers, you know how important it is to deliver on time. Late deliveries can damage your reputation, lose you sales, and increase your costs. But how can you predict when your shipments will arrive, especially when there are so many factors that can cause delays, such as weather, traffic, customs, and human errors?

That's where artificial intelligence (AI) comes in. AI can analyze large amounts of data from various sources and learn from past patterns to forecast future outcomes. AI can help you optimize your shipping routes, reduce your inventory costs, and improve your customer satisfaction.

Here are some of the benefits of using AI to predict when shipments arrive:

• You can plan ahead and adjust your production schedules based on the expected arrival dates of your raw materials and components.
• You can communicate more accurately with your customers and provide them with real-time updates on their orders.
• You can avoid overstocking or understocking your products and save on storage and handling fees.
• You can identify potential risks and take proactive measures to mitigate them before they affect your deliveries.
• You can leverage data insights to negotiate better rates and terms with your shipping partners.

How Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) uses AI to predict shipment arrival times

Oracle Fusion Cloud SCM is a comprehensive solution that helps you manage your entire supply chain, from planning and procurement to manufacturing and fulfillment. One of the features of Oracle Fusion Cloud SCM is the Intelligent Delivery Management service, which uses AI to predict shipment arrival times.

The Intelligent Delivery Management service integrates with various data sources, such as GPS trackers, sensors, weather reports, traffic information, and historical records, to provide you with accurate and timely predictions. The service also uses natural language processing (NLP) to extract relevant information from unstructured data, such as emails, invoices, and documents.

The Intelligent Delivery Management service displays the predicted arrival times on a dashboard that you can access from any device. You can also set up alerts and notifications to inform you of any changes or deviations from the expected delivery dates. The service also provides you with recommendations and suggestions on how to optimize your shipping operations and improve your performance.

The Intelligent Delivery Management service is part of Oracle's AI-powered SCM applications, which help you automate tasks, enhance decision making, and increase efficiency across your supply chain. With Oracle's AI-powered SCM applications, you can transform your supply chain into a competitive advantage and deliver value to your customers.