article thumbnail

Data is the New Oil: Competing on Logistics Data

Talking Logistics

“Data is the new oil,” stated Clive Humby, a British mathematician, in 2006. It’s valuable, but if unrefined it cannot really be used. It has to be changed into gas, plastic, chemicals, etc. to create a valuable entity that drives profitable activity; so must data be broken down, analyzed for it to have value.”

Data 105
article thumbnail

Artificial Intelligence

Logistics at MPEPS at UPV

In 2006, AI was launched in the business world with top companies like Twitter, Netflix and Facebook that started to use artificial intelligence in their applications. It is making human life easier in most of the cases where it is applied, but it can be negative as well if this trending technology is not developed in the right hands.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

GlobalTranz

The use of wearables will continue to be one of the top trends throughout the remainder of 2016 and upcoming years as well. While this idea seemed ground-breaking in 2006, it has become a commonplace aspect of nearly all Walmart locations. Think about the grocery stores that have implemented self-check-out registers.

article thumbnail

IWL and Hawesko benefit from AMR solution

Logistics Business Magazine

Following the pandemic-induced record year of 2020 with online sales of between €80-88bn in Germany, this trend is set to continue according to a projection by the Center of Research in Retailing. Since 2006, the company relies on a comprehensive logistics ecosystem based on K.Motion WMS.

article thumbnail

The Zara’s logistics process

Logistics at MPEPS at UPV

Companies need to be always aware of new trends and ready to meet what the market demands at the right time, given the importance of the sector. Emerald, 2006. Nowadays, the fashion industry demands more and more creativity, versatility, and especially agility to compete in the market. Resources: BARNES, L. &

article thumbnail

DHL supports boohoo’s US expansion

Logistics Business Magazine

Although boohoo has been servicing the US through its existing network in the UK since 2006, the company’s growing order volumes and customer demand on this side of the pond in recent years made a US-based distribution centre for direct-to-consumer fulfilment a necessity,” said Kraig Foreman, President, eCommerce, DHL Supply Chain.

article thumbnail

Is bigger always better – Economies of scale and gigantism in shipping

Shipping and Freight Resource

With gigantism being the most popular trend currently pursued by the world’s major carriers a new global context has concurrently begun to rear its head. Onwards & Upwards – The trend of gigantism relative to vessels within the container industry. This begs the question is bigger always better and what alternatives exist?