article thumbnail

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

Logistics Viewpoints

Fuel prices and a shortage of drivers are putting transport logistics under immense pressure. Taking all aspects into account is the only way for logistics companies to have a solid foundation for decision making and holistic optimization. This is where big data technologies come into play.

Big Data 248
article thumbnail

Top 5 Logistics Challenges and Solutions for the Manufacturing Industry

GlobalTranz

The manufacturing industry faces many challenges, such as a skilled labor shortage, supply chain instability, and inventory management issues. GlobalTranz works with manufacturing shippers every day to move their goods and streamline their logistics strategies. 5 Challenges Facing Supply Chain Managers in Manufacturing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Using data and AI to improve manufacturing

SYSPRO Smarter ERP

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. The area of AI that manufacturers need to explore to drive their factories into the future is machine learning (ML). The Industry 4.0

article thumbnail

How to Use Data to Fuel Your Retail Reverse Logistics Strategy

GlobalTranz

How often do you think about your retail reverse logistics strategy? It’s easy to assume retail reverse logistics is solely based on returns. While this is partially true, all retail reverse logistics involve a backward flow of products that return to their origin. The Benefits of a Data-Driven Retail Reverse Logistics Strategy.

article thumbnail

Real-Time Trackers: A Welcome Labor Solution for Logistics

The labor market is under an unprecedented squeeze, and the logistics industry has been hit particularly hard by the “Great Resignation.” According to Deloitte and The Manufacturing Institute, the labor shortage will cost the U.S. Why streamlining data simplifies the logistics role. as much as $1 trillion, and 2.1

article thumbnail

How is the Logistics Economy Holding Up?

Logistics Viewpoints

Supply chain and logistics functions have been one of the most volatile in the global economy of the last four years. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. Manufacturing Purchasing Managers Indexes The J.P. Source: J.P.

article thumbnail

Labor Shortages in Supply Chain & Logistics: They’re Not Subsiding

Logistics Viewpoints

In late 2023, we conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. The results of the research report How Bad Is the Supply Chain and Logistics Workforce Challenge?

article thumbnail

The State of Data and Insights in Healthcare Logistics

Medical and pharmaceutical manufacturers have faced increasing logistical challenges over the past two years. This report, produced by Worldwide Business Research, explores the progress companies have made toward supply chain digitization and logistics maturity.

article thumbnail

Guide to Mathematical Optimization & Modeling

For decades, operations research professionals have been applying mathematical optimization to address challenges in the field of supply chain planning, manufacturing, energy modeling, and logistics. Learn all about this AI technique and how it can help your organization.