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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. This ratio increased to 54% in 2022.

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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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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. Product personalization: Product personalization is made easier by the ability to comprehend customer preferences through big data analysis.

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34th Annual Salary Survey: Salary growth slows, tasks soar

247 Customs Broker

More than 500 qualified respondents to our “34th Annual Salary Survey” report that their salaries moved up only incrementally last year. This year’s survey again draws the most feedback from successful logistics managers who have been climbing the executive ladder for some time. Respondents reflect. There’s never a dull moment.”.

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Building the Business Case for Supply Chain Risk Management

GlobalTranz

To know the most difficult challenges as perceived by supply chain professionals, we turn to the SCM World’s 2017 Future of Supply Chain survey. Besides, these risks are much more serious (for example, there were about 134,000 reported cyber-attacks on businesses in 2017 , or almost 50 percent increase from 2016).

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Same concerns remain, when it comes to the truck driver shortage

247 Customs Broker

According to the ATA, the driver turnover rate for the fourth quarter of 2017 for large truckload fleets (those with more than $30 million in revenue) dropped seven points to 88%, signaling its first sub-90% reading going back to the first quarter of 2017. Perhaps one of the most telling stats included in the report was that 70.6%

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. In 2014, a survey by Tompkins Consortium delivered a shocking revelation. Supply Chain and Business Success By the Numbers. Now for those statistics I mentioned.