article thumbnail

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.

article thumbnail

Subcom Market Showing Positive Trends, Says Survey

Logistics Business Magazine

The future of the UK’s fast expanding subscription box market (subcom) looks bright if trends in the US are anything to go by – according to a new State of Subscription Commerce survey. Seventy-two per cent keep their operations in-house, and two-thirds of those aren’t considering deploying third party logistics (3PL).

Survey 28
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 Future of Supply Chain: Top 5 Supply Chain Trends in 2024

3PL Links

It’s not by accident that 82% of procurement leaders surveyed for the Gartner research “Future Supply Chains: Resilience, Agility, Sustainability & Technology” in 2023 stated they want to make significant investments in technology over the next five years. Make sure you distribute to your network.

article thumbnail

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

3PL Links

Big data generates fresh insights that support better decision-making in a variety of contexts by extending the data set for analysis beyond conventional internal data stored in systems like ERP and SCM and utilizing potent statistical techniques. Some approaches and frameworks that can assist you in mapping trends are broken down below.

article thumbnail

The Weekly Freight Report for September 30th, 2021

FLS Transport

supply chain by taking DOT transportation survey Industry pursues the fight against the California AB5 law Truckload volumes go up while rail shipping volumes decline Leading reasons the supply chain is all jacked up. supply chain by taking DOT transportation survey. The Top 5 Stories in Freight. Help improve the U.S.

Freight 52
article thumbnail

5 Things to Look for in a Food Grade Warehouse

Kanban Logistics

The following are key factors to consider when choosing a third-party logistics (3PL) partner for food products. Can your 3PL handle ambient, temperature-controlled, or climate-controlled? Can the 3PL handle ‘lot control’? This lot number allows 3PLs to quickly identify batches of items in the event of a recall.

article thumbnail

Supply Chain Industry Fears for 2023

Logistics Business Magazine

Most of the experts surveyed foresee that inflation and recession will have a greater impact this year and will be the biggest driver of disruptions. ‘‘Due The report further covers the growing expectation of 3PL (third party logistics) market to solidify in 2023. said Ruben Huber, Founder and Director, OceanX. billion by 2027.