Embracing AI and Sustainability: Insights from the latest LOGY 2024 Conference

LOGY, the Finnish Association of Purchasing and Logistics, is a professional organization that brings together experts and companies involved in sourcing, logistics and materials management. Established in 1938, LOGY provides its members with training seminars, industry news, and networking opportunities, including the annual LOGY Conference which features both domestic and international speakers from various sectors related to logistics and supply chain management. As part of SPOTLOG project co-funded by Interreg Europe Programme, TAMK’s team attended the LOGY Conference in Helsinki 2024.

Artificial Intelligence in Logistics: More Than Just a Tool

The LOGY conference 2024 opened with a riveting discussion on the utilization of artificial intelligence (AI) in logistics contexts. It was enlightening to learn how AI can streamline organizational processes, not just as a tool, but as a team member. The speakers emphasized the importance of integrating AI in a manner akin to onboarding a new employee—assigning it specific roles and tasks and tailoring its functionalities with manual adjustments. This approach resonates with the growing trend of AI as a collaborative partner in the workplace.

Oracle representative presented that last-mile dynamic route optimization is a critical component in logistics, especially given the increasing demand for fast and reliable deliveries. Generative AI plays a pivotal role in this process by using algorithms to analyze various factors in real-time, such as traffic, weather conditions, and delivery priorities. This allows for the creation of the most efficient routes, which not only saves time but also reduces operational costs and environmental impact through lower fuel consumption.

Moreover, by ensuring that deliveries are made in the most efficient manner, customer satisfaction can be significantly improved. Customers appreciate accurate delivery times and the flexibility that comes with dynamic routing, as it often means receiving their orders quicker than expected.

In essence, the integration of generative AI into last-mile delivery services is transforming the logistics industry, making it more agile, cost-effective, and customer-centric.

Sustainability: A Core Value for Modern Enterprises

A pivotal theme of the conference was sustainability. Esteemed representatives from Finnair, Volvo, and Posti shared their strategies for reducing environmental impact. Their daily decisions and actions reflect a strong adherence to the principles of the circular economy. It was heartening to see a significant number of companies not just paying lip service to sustainability but actively investing substantial resources. This commitment signifies a shift in corporate responsibility—from improving reputations to genuinely caring for our planet.

The seminar also presented good software and tools in that area. As an example SC Software Oy highlighted their SC Sourcing Suite procurement system. The SC Sourcing Suite supports sustainable procurement by integrating sustainability criteria, evaluating suppliers, ensuring transparency, and aligning with impact goals. This is how SC Sourcing Suite empowers organizations to make informed, sustainable procurement decisions while contributing to a more responsible and ethical supply chain.

Sami Kalliokoski (https://www.tuni.fi/en/sami-kalliokoski)
Timo Rainio (https://www.tuni.fi/en/timo-rainio)
Picture: Timo Rainio


Keep reading