The increasing competition within the transport and logistics industry coupled with rising fuel costs, demanding customers, and the ever increasing need for optimized delivery times have compelled companies to drive outcomes using advanced logistics analytics solutions. It is clear that analytics is the secret to opening new doors of cost-savings and quality for logistics and the supply chain industry. Besides, these technologies turn the industry from human-driven to data-driven decision-making, a significant factor in the digitization of the industry as a whole.
Many reforms are underway in the logistics industry to adopt the new digital environment. The leverage of data through advanced technologies that allow businesses to provide new data, and use it in more flexible applications, is speeding up the path to a more productive and sustainable supply chain. Valuable insights gained through data mining allow industry players to optimize routing, streamline factory operations, and make the entire supply chain transparent for the benefit of both logistics companies and shipping companies.
Although the data that needs to be analyzed and handled is increasingly complicated, the effort taken to embrace the data culture as advanced data analytics continues to transform a historically fragmented industry, worth it. The arrival and expansion of big data usage significantly changed the way businesses use to work with their analytics. Companies may now foresee slow and busy hours, potential future supply shortage, and respond accordingly.
In order to help companies who struggle in this space, Logistics Tech Outlook has listed the top 10 logistics analytics solutions and service providers to assist companies in staying ahead of the curve and thrive in the competitive marketplace. The solutions offered by these companies help firms to make informed decisions based on real-time data and actionable insights.
We present to you Logistics Tech Outlook’s, “Top 10 Logistics Analytics Consulting/Service Companies 2020.”