Logistics is never easy. In fact, a single mistake not only throws off the entire process, it can ruin a product and hurt the overall brand as well. The major challenge today is working with more demand while still supporting a constantly growing global supply chain. Every single stat and trend points to more people leveraging logistics and transportation. Consider this, Gartner recently pointed out that advanced analytics enable companies to proactively take advantage of future opportunities and mitigate future adverse events. Prescriptive analytics can improve decision making in functional areas like supply chain planning, sourcing, and logistics and transportation, and can be deployed to improve end-to-end supply chain performance.
This has forced organizations to remove manual processes and leverage new and advanced technologies. Let me give you an example, UPS manages more than 16 million shipments a day, all over the world. They leverage a single, integrated and optimized, network which results in numerous benefits for the organization. First of all, environmental benefits include reductions in fuel use and greenhouse gas emissions. Secondly, this type of connected logistical system also allows them to deliver tens of thousands of route optimizations per-minute leveraging real-time information.
Now, to make the network operate more efficiently and reduce environmental impact, UPS designs, acquires, implements and optimizes IT for continuous improvement. Technology has helped UPS fine-tune various aspects of its operations – from planning and routing to flying and driving. And, again, this is great both for business and the environment.
As UPS points out, a key tool in achieving sustainability improvements is the use of “big data.” UPS uses proprietary package flow technology to determine what packages are loaded on each vehicle, then gathers data from several aspects of fleet operations using a telematics technology system.
What if I’m Not the Size of UPS?
As you take this all in, I’m sure you’re noting the fact that connected and smart transportation solutions can offer you a lot of benefits. However, if you don’t have the resources to develop your own propriety data architecture – there are some really powerful tools that can really help you out.
Oracle has been a leader in the space of data management, analytics, and delivery. They’re also impact the connected transportation world. Their Transportation Management systems is designed to support both shippers and logistics service providers (LSPs). The cool part here is that their logistics platform can help with a number of capabilities. Plus, they’ll enable you to reduce freight costs, optimize service levels, and automate processes so that you can run your logistics operations more efficiently.