How Big Data Is Disrupting the Logistics Industry

The Importance of Standardized API Design

Big Data has changed everything from baseball to transportation, putting the power in the hands of those who know how to analyze and break down metrics.

Big data has been especially crucial in the disruption of the logistics industry, allowing companies such as UPS and DHL to move packages faster and keep customers happy. It’s easy to see just how Big Data and the logistics industry were made for each other.

From the consumer side, it’s something you might not notice right away, but it is definitely happening. Routes are being optimized, based on years upon years of transportation data available.

Here are few ways Big Data has already disrupted the $1.1 trillion logistics industry.

With the rise of Big Data, the logistics industry made the leap to being more of an information-driven vertical.

Instead of relying on outdated processes, today’s companies rely on hard data to make decisions. Companies all over the U.S. are stepping up and making significant plans in Big Data, as DHL notes that 60 percent of supply chain companies are investing in analytics platforms in the next five years.

Every day, data about weather conditions, origin, weight, height, destination and content is tracked. Instead of simply stockpiling that information, smart companies are making use of it to become more efficient.

This quest for greater logistics knowledge is an industry-wide trend. A recent study by the Council of Supply Chain Management Professionals shows that 98 percent of third-party logistics firms and 93 percent of shippers feel that data-driven decision making is key to supply chain activities. Additionally, 86 percent of third-party logistics firms and 81 percent of shippers expect analytics to become a core tenet of supply chain organizations.

When you have this much data, companies can anticipate busy and slow periods, as well as when they’d need to restock key supplies. This makes for a much more well-oiled machine, pleasing their customers with consistent on-time performance.

Big Data has also generated significant insight into the end-consumer base.

Share it:
Share it:

[Social9_Share class=”s9-widget-wrapper”]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You Might Be Interested In

Why Is Data Literacy Important For Any Business?

12 Aug, 2019

The more data literate your organisation is, the better your results will be. In my work with companies all over …

Read more

From data to knowledge and AI via graphs: Technology to support a knowledge-based economy

25 Dec, 2020

These past few months have not been kind to any of us. The ripples caused by the COVID-19 crisis are …

Read more

9 Reasons To Have Advanced Business Intelligence Tools

6 Aug, 2018

There are multiple departments and processes in an organization. Thus data is scattered across the organization in various formats. Lot …

Read more

Do You Want to Share Your Story?

Bring your insights on Data, Visualization, Innovation or Business Agility to our community. Let them learn from your experience.

Get the 3 STEPS

To Drive Analytics Adoption
And manage change

3-steps-to-drive-analytics-adoption

Get Access to Event Discounts

Switch your 7wData account from Subscriber to Event Discount Member by clicking the button below and get access to event discounts. Learn & Grow together with us in a more profitable way!

Get Access to Event Discounts

Create a 7wData account and get access to event discounts. Learn & Grow together with us in a more profitable way!

Don't miss Out!

Stay in touch and receive in depth articles, guides, news & commentary of all things data.