article thumbnail

Predictive analysis: How it improves supply chain visibility

20Cube Logistics

Predictive analysis, today is part of all major business operations and processes to help forecast trends, events and to find solutions for complexities. According to Forbes, predictive analysis is mandatory in logistics as it relies heavily on accuracy and timeliness to achieve success. The supply chain market is set to grow from 4.56

article thumbnail

This Week in Logistics News (April 30 – May 6)

Logistics Viewpoints

UPS to deploy RFIDs through 100 facilities this year. UPS plans to implement its smart package initiative at 100 facilities in 2022, which will involve using RFID tags on packages to speed up throughput. RFID uses electromagnetic fields to automatically identify and track tags attached to objects.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Greener Farm to Fork Journey

Logistics Business Magazine

By 2035, this reduction in food waste can correspond to a total saving of carbon emissions equivalent to 6% of the UK’s greenhouse gas emissions in 2022. • The analysis presents emissions avoided between 2024 and 2035, assuming a staggered implementation of 5G-enabled solutions over time.

article thumbnail

Logistics Business Show attracts strong audience

Logistics Business Magazine

Depending on analysis of the visitor and exhibitor feedback, and in consideration of the situation regarding real-word events over the next 12 months, plans are being laid for a third staging of the Logistics Business Show in Spring 2022.

article thumbnail

Commercial Trucking: The Battle of the VMT Tax

Blue Grace Logistics

The Congressional Budget Office estimates that the HTF will hit bottom by 2022. The report provides an analysis of the VMT tax, including the tax base, the rate structure, the revenue that would be generated, and the implementation methods. 2302 bill which would impose a Vehicle Miles Traveled (VMT) tax on commercial truckers.

article thumbnail

2023 supply chain and logistics management trends

EazyStock

The averted US rail strike in December 2022 would have been catastrophic for US residents and the wider supply chain. ABC/XYZ analysis can help identify the most valuable items to your business. The algorithms used by AI provide better quality data and analysis of supply chains to enable better-informed decisions.

article thumbnail

2023 supply chain and logistics management trends

EazyStock

The averted US rail strike in December 2022 would have been catastrophic for US residents and the wider supply chain. ABC/XYZ analysis can help identify the most valuable items to your business. The algorithms used by AI provide better quality data and analysis of supply chains to enable better-informed decisions.