The power of data: using analytics to get smarter
Successful leaders in transportation industry organizations recognize the value of leveraging data analytics. Doing so can help logistics professionals plan shipments more efficiently and utilize resources more wisely. Also read: Resilinc's latest data shows that the number of supply chain disruptions will surge by 30% in the first half of 2024 It is useful to study real-world applications and strategies to better understand how companies can use data-driven insights to optimize operations, enhance decision-making, and ultimately improve transportation systems. Key Benefits of Data Analytics for Transportation Companies Here is an overview of the key benefits that transportation companies can gain from leveraging data analytics: Real-time vehicle tracking Using a transportation management system can give you better visibility into the location of each vehicle in your fleet. TMS for freight forwarders Keep managers and dispatchers informed of each driver’s location without having to contact them directly for updates. Optimize routes Of course, transportation companies must weigh a large number of variables…