Location intelligence in supply chains
Tuesday, March 1, 2022
managers need to implement location intelligence in supply chains
in order to reduce delays, keep costs down, generate a competitive advantage, and thereby improve the global network of multiple carriers, service providers and physical locations from the constant threat of unexpected problems.
By leveraging location intelligence
, decision makers gain deeper insight into market trends, consumer behaviors, foot traffic
patterns, manufacturing activity, competitors’ logistics operations and much more.
With the actionable insights derived from location intelligence as well, companies increase efficiency, transparency and flexibility within their supply chains
by providing information on global movement patterns in the physical world. Read the complete article here
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Big Data for supply chain sustainability
Big Data is transforming the way leaders manage supply chains across all touch points, from manufacturing and provisioning to logistics and customer service.
What is Big Data applied to supply chain?
How to infer relationships between companies with Big Data?
The use of geospatial data provides deep insight into the logistical, legal, and commercial relationships between corporations and facilities of different companies all over the world.
foot traffic analytics
have revolutionized the way in which businesses generate competitive advantages within the various business sectors, being able to infer the behavior and relationships of companies has become a reality thanks to this type of technological technique.
Location analytics to Optimize Distribution Routes
Location intelligence through techniques based on Big Data collects spatial data in order to improve the decisions made in logistics centers, allowing the use of location and its related data points, creating solutions and optimizing distribution routes.
This new technological tool finds its immediate application in space-dependent businesses, such as
companies. The data collected through infrastructure sensors, cameras and traffic mapping not only allows them to determine the
for their businesses, warehouses and centers, but also allows them to know why certain locations have a direct impact on the success or failure of a business.
Global Supply Chain Crisis?
COVID-19 and climate change have directly impacted the supply chains of the sectors and industries that generate the most economic output.
Unfortunately, fiction has become reality, and a global pandemic coupled with sudden climate changes have increased these problems worldwide, also due to unforeseen events in logistics routes and the exponential increase in online shopping, forcing industries to increase the load of transportation, vehicles, staff and resources in general.
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