Analysis Events Examples Study 
3PL Links
DECEMBER 3, 2023
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.
AIMMS
FEBRUARY 26, 2020
While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. The study include d firms in the retail, manufacturing and distribution verticals. Let’s explore some example s. .
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MTS Logistics
JULY 21, 2023
According to a 2020 analysis by the Insurance Information Institute, these disruptions cost firms an average of $1.45 million per event. According to a study by the Business Continuity Institute and Zurich Insurance Group, 85% of companies experienced a financial impact from supply chain disruptions in 2020, with an average cost of $1.9
Ship Monk
FEBRUARY 9, 2024
Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. For example, if you’re introducing a new product and there are no similar products to draw historical data from, qualitative research is a must to reduce risk. Analyze past and current sales trends.
Logistics Viewpoints
JANUARY 26, 2021
Geopolitical events. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation. A Positive Example. Natural disasters. Tariffs and trade regulations. The rise of ecommerce. The growing influence of social media.
Logistics Viewpoints
FEBRUARY 8, 2022
For example, they might browse products online, but visit a brick-and-mortar store to finalize their selection. As just one example, Nike’s online sales grew by 75% in 2020 — but its profit margins fell from 45.5% due to the higher costs associated with online selling. Transportation: Moving to a Digital Environment.
AIMMS
FEBRUARY 26, 2020
While this creates tremendous value , it also br ings the inevitable risk that certain event s can have far-reaching consequences that influence supply chain s more than ever before. The study include d firms in the retail, manufacturing and distribution verticals. Let’s explore some example s. .
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