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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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6 Types of Automation [Benefits, Pros/Cons, Examples]

Conger

Examples of automation range from a household thermostat to a large industrial control system, self-driven vehicles, and warehousing robots. Examples are industrial robots and multipurpose CNC machines. For example, full warehouse automation to support event-driven, mission-critical system delivery.

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Nine Key Steps to Enabling Resilient Supply Chains

Logistics Viewpoints

Now more than ever, organizations must prepare their supply chain for the present and the unknown challenges and opportunities in the future. Doing so helps organizations detect market shifts and makes supply chain decisions more forward-looking than an analysis of the past, present, and at best, a tactical view of the future.

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Digital technology helps mitigate climate change risk

Logistics Business Magazine

According to the survey, 44% of respondents have a general sense of potential climate change risks based on previous events. However, the past is not a good predictor of future climate change events, as the severity and impact of events will escalate. Lack of Foresight is Biggest Challenge.

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MTS Logistics Teaches and Trains the Young Generation to Make a Difference for the World’s Oceans and Environment

MTS Logistics

MTS Logistics recently held an educational environmental training and cleanup event on the beach in Izmir, Turkey. We equipped every event participant – young and old – on how to be the change they want to bring to the world, and how to actually perform the steps needed to make a difference. We had a lot of fun.

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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. Moreover, cloud technology enables global access to information, explains Ship Rocket, so companies can ensure continued uptime regardless of local events or issues.

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The 4 Ps of Logistics: An Overview of the Model for Success in Shipping

MTS Logistics

Product The P for product can simply refer to the product itself or can be present in more subtle ways. For example, a company’s logo, the name of the company, packaging designs and methods, services provided, etc. Let’s briefly go over the Ps as well as the newest of the Ps. It is basically whatever is being sold.