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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. How predictive analytics works in logistics?

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Adopting EV Fleets Presents Challenges

Logistics Business Magazine

In fact, many businesses are presented with multiple barriers when they begin to adopt EV that can sometimes halt the process. Why now is the time to transition your fleet to EV Despite the challenges that transitioning to EV presents, the reality is that businesses who don’t start to make the transition will get left behind.

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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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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

While the industry faces immediate challenges, it also presents an opportunity for innovation and adaptation to ensure a more resilient and sustainable future for container shipping in a post-pandemic world. The post Analysis: Today’s Global Economy vs. Global Container Shipping appeared first on More Than Shipping.

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TGW Presents the Future Fulfilment Centre

Logistics Business Magazine

The TGW Logistics Group will demonstrate its Future Fulfilment Centre – how it works, how users can benefit from its advantages, and what technology it uses – for visitors at the LogiMAT intralogistics trade fair in Stuttgart from 25 to 27 April. The system learns through information analysis and uses real-time data for optimisations.

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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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Key IT Advances Shaping Vehicle Logistics

Logistics Business Magazine

INFORM, a leading software developer specializing in artificial intelligence and operations research, is thrilled to announce its latest study on IT in vehicle logistics , highlighting key findings on IT and AI’s transformative impact in the vehicle logistics sector. Key Findings from the Report 1.