AUGUST - 20206 logisticstechoutlook.comLinda James Managing Editoreditor@logisticstechoutlook.comThe logistics industry has been heavily criticized for its labor-intensive processes and large data storage requirements. With disruptive technologies emerging each day, the sector has much to benefit. Supply chain and logistics analytics have been cemented in their traditional roots. However, these age-old methods are subject to disruptive changes with the emergence of technologies like Artificial Intelligence (AI), advanced analytics, digital twins, and automation. While the rise of these technologies has made a significant impact on the sector, they are not the only ones enforcing change. New shipping regulations, improved customer service expectations, increased global tension, and trade wars have forced logistics companies to leverage the latest technology. They can either adapt or perish.Organizations that deploy logistics analytics software can leverage intelligent information on shipping patterns for cost optimization. It facilitates the real-time flow of information and enhances the decision-making process. Logistics analytics software can also help in lowering the rate of errors in transportation. This can prove to be an added advantage in a highly competitive industry with high demanding customers. Advanced logistics software can help take complete control of the organization and makes it possible to track down errors and avoid contingency problems. Time and resources can make or break a company's bottom line in the logistics industry. This makes predictive analytics not just a bonus feature but a necessity. With predictive analytics, logistics, and supply chain companies can meet the increasing demand and stay abreast. Using historical data, predictive analytics can foresee future events and help executives prepare for what comes next. With data insights, organizations can make informed decisions to maximize profits and develop a contingency plan for the worst-case scenario.As the logistics analytics industry continues to expand its horizons, we have prepared a list of companies at the forefront of these transformations. We hope this will help you navigate the changing landscape of the industry and make well-informed decisions for your logistics needs.Do let us know your thoughts.EditorialComplementing Logistics with Advanced Analytics AUGUST, 2020, Volume 06 - Issue 10 ( ISSN 2644-2515 ) Published by ValleyMedia, Inc. To subscribe to Logistics Tech OutlookVisit www.logisticstechoutlook.com Managing EditorLinda JamesEditorial StaffAaron PierceAva Garcia Jade Ray Joshua ParkerSarah FernandesDean WinchesterVisualizerJohn Waltersales@logisticstechoutlook.comeditor@logisticstechoutlook.commarketing@logisticstechoutlook.comEmail:SalesJessica Stanleyjessica@logisticstechoutlook.comContact UsPhone:510.996.5173,Fax:510-894-8405*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.
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