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Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

51% of the respondents in a global Reuters survey felt that the most perplexing challenge is the unpredictable nature of consumer demand. Approaching a demand analysis with historical data and seasonal variations is no longer competent. Predictive analytics is used in every industry. Demand forecasting is hard. billion by 2022.

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How Changing Climate Conditions Affect Project Cargo Transportation and What to Do About It

MTS Logistics

Of course, this is not the world we are in today. Project cargo weight on these possible compromised roads and railways should be a concern even with DOT route surveys. In the future, DOT may require additional route surveys and bridge studies for weight distribution.

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Generative AI: Cheat Code to a More Competitive Supply Chain Business?

Logistics Viewpoints

This technology is coming to a supply chain near you, and the sooner you understand it and get comfortable with it, the better positioned you will be when hits the industry in full force. The best course of action is to learn more now. Make no mistake. Generative AI Explained The technical term for it is “ generative AI.”

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Freight Market Intelligence: Data is crucial, but context is king

Freightos

The article presents findings from a survey conducted across over 200 global supply chain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supply chain issues resolve. Real world, meet data. So what’s next for global freight data?

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How to Deal with Supply Chain Disruptions

GoShip Blog

According to the Institute for Supply Management , 75% of the 600+ businesses surveyed in the United States experienced supply chain disruptions. To effectively get this done, you must conduct a thorough risk analysis to figure out the weakest links in your supply chain. Partnering with a Logistics Expert.

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How VR, 3D Printing & Predictive Analytics in the IOT are Currently Powering the Manufacturing Industry

GlobalTranz

According to Sundeep Sunghavi, the use of predictive analytics will save approximately $630 billion in the manufacturing industry over the next 15 years. Of course, reports Predictive Analytics Times , analytics also possess potential to change how companies obtain the raw materials for their products. billion by 2021.

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Industry View: Cargo Build-Up is Increasing Risks

Logistics Business Magazine

Arecent survey by the International Association of Ports & Harbors (IAPH) shows a mixed picture at ports around the world. “35% 35% of ports reported an increase in utilisation of warehousing and distribution facilities for foodstuffs and medical supplies, with some ports reporting capacity shortages,” the analysis shows.

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