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

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. Our first aim was to include more children into our Clean Oceans Project and training this year as we are passing the torch to Gen Z and Millennials, the caretakers of our future.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Generative AI in Supply Chain: How It Impacts Your Logistics

Trinity Logistics

Foundational Model This is where the training/learning takes place, where you’re teaching the AI how to look at things and look at input. Large Language Model (LLM) This model is trained on vast amounts of text, can interpret what you’re asking of it, and can put a response in words that you can understand.

article thumbnail

Fresh Demand Planning: How AI Empowers Retailers

Logistics Viewpoints

Given that we are in the age of AI/ML, I often think of how the small deli where I worked was a perfect training ground for applying AI/ML in fresh supply chain planning. Another example of data normalization is accounting for lost sales due to stockouts or waste of perishable products due to overstocking of inventory.

article thumbnail

How IoT Brings Railway Efficiency to Dutch Rail Network

IoT World Today

million train journeys every day. Just building additional train tracks won’t address the problem in full. “Of For industry participants, data analysis presents an opportunity to optimize railway operations without adding costly infrastructure. “We ProRail manages the Dutch rail network (owned by Nederlandse Spoorwegen ).

article thumbnail

Safer Driving Target

Logistics Business Magazine

The companies will bring together the proven benefits of automated risk reduction, 360-degree vision and cloud-based video analysis for the first time to revolutionise fleet and driver safety.

article thumbnail

Are your L&D programs reaping the outcomes you need?

UL EHS- Sustainability

We’ve all been there—days spent away from our jobs completing required training programs that ultimately left us disappointed, confused, marginalized and with no new learning assets. But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly.