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This Week in Logistics News (September 2 – 8)

Logistics Viewpoints

Logility , a provider of prescriptive supply chain planning solutions, announced it has signed a definitive agreement to acquire Garvis, a visionary SaaS startup founded in Antwerp, Belgium that combines large language models with AI-native demand forecasting. The new center will employ more than 300 part-time and full-time workers.

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Hurricane Harvey - Effects, Forecasts, and Operational Best Practices

Elementum

Harvey is not the first lethal and damaging flood to hit Houston: Tropical Storm Allison in 2001 killed 41 and caused $9 billion in damage, as well as flooding in 2016 that shut down the city for days. Houston’s expansive sprawl lacks drainage systems and has ample bodies of water that are easily exacerbated by heavy rains.

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Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

and HOUSTON, Tex. ToolsGroup’s service-driven planning platform features probability forecasting and stock mix optimization enhanced by machine learning automation for highly intelligent data-driven decision-making. BOSTON, Mass.

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Hurricane Harvey Updates

Elementum

The rain has stopped in Houston, Texas, but the traumatic conditions left by Tropical Storm Harvey have not yet cleared. Tropical Storm Harvey lashed Houston, Texas — America's fourth largest city — and has proven to be extremely traumatic to tens of thousands of people and businesses. click to zoom).

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Provoking the Industry to Move Past Incrementalism

Supply Chain Shaman

In five companies that I have worked with in the past quarter, each degraded the forecast (using Forecast Value Add methodology) by 10-18%. Houston, We Have a Problem. Houston, we have a problem. They believed that the system was driving improvement. Remember this phrase from the US Apollo 13 mission ?

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Rate Forecasting and Analytics in Practice

DAT Solutions

In his presentation about rate forecasting, he explained how historical lane rate data and load-to-truck ratios from DAT RateView and DAT Data Analytics help his company make informed decisions and offer competitive, confident pricing.

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Warehouses Are Full as Holiday Season Commences

Material Handling & Logistics

November is forecast at 1.63 from last year, and December is forecast at 1.6 January 2018 is forecast at 1.66 The import numbers come as NRF is forecasting that 2017 retail sales will grow between 3.2 While not records, the September and October numbers were among only six times that monthly volume has hit 1.7