Geoconcept Blog

How Big Data Analysis changes the Logistics industry

Written by varshine | Nov 23, 2018 10:29:38 AM

 The easier way of processing the huge or complex data can be done through Big Data. Big Data Analysis is a way where it enables the business to predict and take timely business decisions.


One among the complex industry is the logistics which involves many subdivisions like inventory, transportation, warehousing, packaging etc. This intend makes difficult for the logistics service providers to gain visibility across the supply chain. Big Data has the answer for such issues and these are the ways how Big Data is changing the logistics industry.

  • Increase in Efficiency
  • End to End Visibility
  • Key Decision maker
  • Effective integration

Big Data Analytics helps companies in many ways. It helps logistics companies in saving 10 to 20 percent of freight, warehousing costs and also large savings in inventories.

                                                                                          

 

 

 

 

 

 

 

 

 

Ref:https://www.bbntimes.com/en/society/big-data-and-the-logistics-industry