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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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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.

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Understand the Pitfalls of IBP Before Embarking on a Supply Chain Transformation

Logistics Viewpoints

When companies want to digitally transform their supply chain capabilities, moving to an integrated business planning process (IBP) is often at the heart of the transformation. The roots of IBP are in sales & operations planning (S&OP). Mr. Sorenson has studied integrated business planning for many years.

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Digital technology helps mitigate climate change risk

Logistics Business Magazine

Twenty-seven percent of supply chain leaders have conducted a climate change risk assessment to identify their most critical supply chain risks, according to a survey by Gartner, Inc. According to the survey, 44% of respondents have a general sense of potential climate change risks based on previous events.

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Shipper’s Guide to Planning Ahead

Blue Grace Logistics

Shipper's Guide to Planning Ahead Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - March 20, 2023 Data shows there is a consensus that revenue will increase and inventory levels will build. How does that compare with what this index is saying?

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A Glimpse into Supply Chain 2024

Log-hub

Let’s explore what the supply chain 2024 trends have in store for us! In the ever-evolving landscape of supply chain management, next year promises to be pivotal, marked by significant transformations. Let’s delve into the key supply chain 2024 trends that are reshaping the industry and driving innovation.

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How to Use Predictive and Prescriptive Analytics to Benefit Your Supply Chain

Blue Grace Logistics

Predictive and prescriptive analytics can help companies stay ahead of the curve and solve challenges that are holding them back in today’s complex supply chain world. Predictive and prescriptive analytics are not only used in the supply chain. One 2018 survey showed that 67.4% level of analytics.