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Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms.

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The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

GlobalTranz

Modern supply chains are evolving beyond anyone’s expectations due to increased use of cloud-computing technologies, wearables and advanced data analysis. A common theme of the 2016 predictions was growth and scalability, so let’s look at how companies are using these technologies as we prepare for the innovations of 2017.

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The Trends Shaping Supply Chain and Logistics: Takeaways from Descartes Evolution 2017

Talking Logistics

Which is why a drone took flight from the stage during Ryan’s keynote address at the Descartes Evolution 2017 Conference a couple of weeks ago and broadcast real-time video of the audience as it flew across the front of the hall. Descartes (@DescartesSG) March 28, 2017. million in FY 2017 (net income has grown from $12.0

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The Data Needed to Transform Supply Chains

Talking Logistics

Again and again, digitization and data were at the heart of panel and networking conversations. Even headline speakers were professing “data got sexy” and data is now a core strategy for companies looking to succeed. Supply chain leaders are wanting their organizations to be data-driven.

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How IoT Brings Railway Efficiency to Dutch Rail Network

IoT World Today

Internet of Things (IoT) sensor-generated data is another key piece of improving railway efficiency and operations. Accordingly, the number of IoT transport units is expected to increase , according to Statista data, from 2.6 million in 2017 to 3.7 Optimizing Railway Operations with Data. Making Data One’s Own.

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Types of Risks Impacting Supply Chains in 2018

Material Handling and Logistics

In 2017 losses incurred from catastrophes such as hurricanes, wildfires, and earthquakes could make it one of the costliest years in history for the property insurance industry, Savitsky noted. Hurricane Maria, which slammed into Puerto Rico on September 20, 2017, is a prime example of a catastrophe that reverberates through supply chains.

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Top Game-Changing Logistics Trends for 2024: Redefining Global Supply Chains

3PL Links

Uber, for instance, saw a trend in the logistics industry in 2017 and introduced Uber Freight, a platform that links truck drivers with businesses that require cargo transportation. Strategic API integration allows logistics organizations to get almost real-time data and updates about orders and shipments. Check out below: 1.