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Leveraging Big Data in Logistics Into Meaningful Business Analytics

Intelligent Audit

One solution is to turn to big shipping data. Far from a buzzword, big data analytics in logistics and supply chain management are helping companies gain insight into their current performance while optimizing future operations. What is Big Data in Logistics & Supply Chain Management?

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Shipping is still lost at sea when it comes to big data

DELMIA Quintiq

The world of container shipping is going through a prolonged period of instability due to oversupply of new ships entering service. Falling container shipping rates created a windfall for shippers and brought tears to shipping lines and ports. They employed big data concepts with gusto. Then surcharges.

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What Are the Characteristics of the Best Shipping Analytics Tools on the Market?

Intelligent Audit

Analyzing data and using automated intelligence to promote agile, data-driven decision-making are among the easiest ways to add logistics value. However, not all shipping analytics tools are created equally. Let’s dig into the leading characteristics of the shipping analytics tools on the market for shipping managers today.

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How To Jump

Supply Chain Shaman

Maximize up time Agile Supply Chain Insights, 2024 Getting Started To understand the progression of thought, let me walk you through the final homework analysis of a student from my recent class on outside-in processes. This analysis occurs with each run of tactical planning. Use Liam’s analysis as a guide.)

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Analyzing Supply Chain Risk

Enterra Insights

Big Data and Advanced Analytics. Johnston notes that a rapid rise in e-commerce during the pandemic — “ten years growth in just the first three months of 2020” — made it “apparent that predicting future supply chain demand using outdated data is no longer feasible.” One answer is advanced analytics.

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Using Shipping Data for Peak Season Preparedness Relies on Actionability

Intelligent Audit

Shippers should expect a surge in shipping volumes and tight capacity due to a historic rise in e-commerce transactions. These factors are driving shipping costs higher and shippers need to prepare. According to Supply Chain Dive , shipping “prices have fluctuated wildly. The costs of limited shipping data are high.

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Three Ways Center-of-Gravity Studies Lead You Astray

Logility

The classic center of gravity analysis in this case will tell you that answer (b) should be correct — the weighted center of demand is one-third of the way from A to B. And that is answer (d) — put the warehouse at Customer A’s location and then ship 300 miles to customer B. This answer minimizes the net unit miles shipped.

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