IDC Defines Predictive Logistics
Increasing complexity continues to be a leading topic among supply chain executives. For many, the solution to this challenge has been to deploy modern technology in hopes of improving the ability to make sense of what is going on across the supply chain. However, this approach has resulted in an increase in complexity for most supply chain environments.
Frost & Sullivan: Technology Award
Frost & Sullivan ongoing analysis concludes that all of these problems can be attributed to the inefficiencies of existing technologies used in global trade. In an era where Big Data and cloud computing is available, the traditional top-down formula approach is used in the logistics industry. This traditional approach only averages trends – resulting in error-prone predictions of event outcomes, poor asset allocation, and inaccurate trade management decisions.