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A New Era in Transport Logistics with Big Data and Self-Driving Trucks

Logistics Viewpoints

This requires complete transparency across all steps and events along the entire supply chain. This is where big data technologies come into play. Big data for real-time optimizations in transport logistics. Logistics and transport service providers create enormous data records as they manage the flow of goods.

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LLMs, Optimization and Automation: Supply Chain’s Defenses Against Market Swings

Blue Grace Logistics

LLMs fueling data-driven decision-making LLMs have stormed the tech landscape in recent years, and their applications in supply chain management are nothing short of transformative. The answer lies in data. In the ever-evolving world of logistics, data reigns supreme.

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Building Profitability with Agility while Digitally Transforming the Supply Chain

Logistics Viewpoints

Before the pandemic, in a study of logistics providers conducted by Fraunhofer IML, among those embarking on digitalization initiatives, only 25% of logistics providers in the Fraunhofer IML survey are leveraging digital technologies to think outside the box and reinvent their foundational delivery model.

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Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

A famous 2010 HBR article, “Roaring Out of Recession,” studied how 4,700 public companies fared during the recessions of 1980, 1990, and 2000. And, once implemented properly, having a collaborative, tech-enabled supply chain network powered by free-flowing, actionable data will unlock measurable business value. Faster order-to-cash.

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AI essential to supply chain transformation

Logistics Business Magazine

The COVID-19 pandemic had a devastating impact on companies and showed just what effect global events can have on the supply chain, highlighting that companies need to invest more and plan more effectively to deal with any future uncertainties. Inventory planning will prevent any overstocking or unexpected stock-outs.

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How to Build Better Supply Chain Finance Goals With Analytics

Turvo

Few events carry the notoriety of black swans, and the COVID-19 pandemic is the most unprecedented and disruptive event to affect supply chains in decades. Everyone has access to some form of data, and every process generates more of it. Unfortunately, the data of the past is not always the best source for action today.

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The Rise of Supply Chain Visibility

Forto

In a supply chain with total visibility, all parties involved would have access to pertinent data and information at any time. More specifically, the ARC’s study defined supply chain visibility applications as. The benefits of Supply Chain Visibility — Why does it matter? What’s the catch?