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Logistics analytics is the driving force behind the logistics and transportation industry. It’s all about collecting, aggregating, and analyzing data generated throughout the supply chain, encompassing everything from individual warehouse inventory levels, the delivery routes trucks take, and customer trends. Tools like RFID tags and predictive analytics software can offer valuable insights, streamline operations, find trends, and make smarter decisions.
These analytics turn raw data into actionable intelligence, fine-tuning your entire operation. Analytics use a blend of hardware and software — like barcode scanners and predictive analytics software — to monitor operations from a bird’s eye view and gain critical data points. Those, then, reveal patterns, trends, and weaknesses, which helps businesses proactively address challenges, lower costs, and boost efficiency and customer satisfaction.
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