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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.

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How to Optimize Your Customer Experience With Enhanced Optimized Routing

WorkWave

Advanced route planning software utilizes real-time data, predictive analytics and machine learning algorithms to create efficient delivery schedules tailored to each driver’s route. FreshPath Logistics FreshPath’s routing software provides a data-rich experience, enabling them to track deliveries with precision.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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How to Protect Supply Chain from Cyber Attacks

3PL Links

Image source: Flickr | How to Protect Supply Chain from Cyber Attacks The management of data intelligence in the supply chain presents an enormous challenge to those involved. Global IT professionals have faced challenges related to data decentralization. However, there is a “but” to this tale.

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How to Make Reverse Packaging Logistics More Efficient?

3PL Links

Image source: Rawpixel.com | How to Make Reverse Packaging Logistics More Efficient? Each tactic—from active consumer involvement to sustainable design—is laid out clearly and demonstrates how we may improve the efficiency of packaging recycling. The post How to Make Reverse Packaging Logistics More Efficient?

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Beyond data: Supply chain intelligence offers pathway to reduced spend, improved relationships

FreightWaves SONAR

Logistics is a complex and swift-changing industry, and decision makers need to be armed with accurate data – and actionable insights – when navigating the evolving landscape. Shippers understand the importance of data. This is especially true in the face of the current freight recession.