“Property + Logistics Technology” PLT Platform – (1) SmartMore LogiBrains
- January 25, 2024
The PLT platform brings together assets and logistics technology (PLT), using assets as the core facilitated by technology. Reitar partners with SmartMore Logtech to utilize innovative logistics technology, “LogiBrains” operating an extensive logistics network.
What is “LogiBrains”?
LogiBrains leverages large language models as the driving mechanism, aggregating advanced data science and artificial intelligence technologies focused on logistics scenarios to enable revolutionary improvements in logistics management.
In LogiBrains, expertise and skills from the logistics industry are incorporated into large language models to facilitate understanding and handling of complex logistics issues and demands. An automated framework for large language models has been developed to autonomously drive the system to complete procedural work.
“LogiBrains” Applications:
- Continuity Across Links
LogiBrains aims to eliminate information silos in the supply chain to achieve continuity between each link. All participants can access link information in real-time through LogiBrains to enable efficient collaboration and timely decision-making, from warehouse resource transactions to operations and logistics to park management.
- Data-Driven Intelligent Decision Making
As an intelligent logistics platform, LogiBrains enables real-time monitoring and smart decision-making based on data utilizing advanced analytical technologies and machine learning algorithms. It collects and analyzes supply chain data, from order to inventory status to transportation strategies and demand forecasts. With these insights, LogiBrains can optimize processes and provide accurate support, significantly improving efficiency and flexibility while reducing costs and enhancing customer satisfaction.
- Advanced Automation
Traditional logistics management heavily relies on manual work and choices, which is inefficient and error-prone. By integrating IoT and big data technologies, LogiBrains can automate most tasks using its robust analysis and decision-making capabilities.
- Sustainable Development
LogiBrains aims to advance sustainable logistics practices by optimizing planning and resource use to lower energy/emissions while contributing to eco-friendly logistics.
LogiBrains connects supply chain links through these innovative technologies, enables data-driven decisions, automates tasks to boost efficiency, reduces costs, and promotes sustainability for unprecedented logistics intelligence and optimization.
Other News
- All Post
- Greater Bay Alliance
The long-awaited Shenzhen-Zhongshan Bridge has finally passed its completion inspection on June 16th. This infrastructure marvel, comprising an underwater tunnel through the Pearl Riverbed and a cross-sea highway bridge, will connect the two cities and slash their travel time to just 30 minutes.
The 15th LET - a CeMAT Asia Event was officially unveiled recently, held for three consecutive days (May 29-31) at the Guangzhou China Import & Export Fair Complex.
Asset partners comprise capital investors and real estate providers with financial resources and physical logistics properties such as warehouses, logistics centers, and distribution centers. Both parties are driven by achieving long-term stable returns and asset appreciation, but they may need more experience in operating logistics assets.
With the increasing demand for online shopping, the logistics industry faces significant challenges and opportunities. To meet the growing needs, logistics operators must invest substantial funds in acquiring new logistics equipment, such as automation, intelligence, and digitization, to enhance operational efficiency and service levels. However, such investments can be a significant burden for many logistics operators.