Archive for predictive analytics

Editor’s Choice: 5 Ingredients for Predicting Accurate Shipment ETAs

Note: Today’s post is part of our “Editor’s Choice” series where we highlight recent posts published by our sponsors that provide supply chain insights and advice. This article comes from Vivek Vaid, CTO at FourKites, and examines how to predict accurate shipments ETAs. Predictive intelligence is a big deal these days. In talking to one of our customers, it occurred to me that despite the advances FourKites has demonstrated in machine learning and data science, […]

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The Citizen Data Scientist

Mike Guilfoyle of ARC has been doing some interesting writing on predictive analytics. One of the terms he uses is the “citizen data scientist.”  I like the concept, and will explain Mike’s thinking in this article. But let me provide a little context first.  It would be easy for a supply chain executive, or any business manager, to ask what is the difference between “predictive analytics” and “forecasting.”  Forecasting is based on traditional mathematical and […]

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Prominent Carrier Reduces Turnover by Using Predictive Analytics

In an industry pressured by driver shortages, reducing driver turnover can be a source of competitive advantage. A prominent carrier used the SAP HANA analytics solution to significantly lower turnover.

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Key Supply Chain Trends to Follow in 2017

The problem with trends is that they are like a freight train gaining speed; everyone can see the train, but at what point do you say the train is really moving at speed? With that in mind, here are the trends I’m following and the predictions I am making.

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Using Analytics to Predict Which Truck Drivers Will Have an Accident

Predictive analytics are being employed in interesting new ways to improve safety. Telematics solutions have long monitored events like hard braking and speeding to flag unsafe driver behaviors. But today, this driver event data is being enriched with other data streams to actually predict the likelihood of a specific driver having an accident. Omnitracs’ Critical Event Reporting is one such solution. According to Kevin Haugh, Chief Strategy and Product Officer for Omnitracs, “These are sophisticated […]

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Shell Oil Runs One of the World’s Most Advanced Control Towers

Tom Moroney, the Deepwater Technology Deployment Manager at Shell Oil, gave a presentation on Shell Oil’s approach to control towers, Big Data, and analytics at ARC’s Forum in February. They don’t call it a “control tower” – for Shell it is an “Integrated Operational Center.” And it is not a supply chain control tower – it is focused on asset and production management. Nonetheless, their approach offers real insights into what is possible in terms […]

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