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Data is the New Oil: Competing on Logistics Data

Talking Logistics

“Data is the new oil,” stated Clive Humby, a British mathematician, in 2006. It’s valuable, but if unrefined it cannot really be used. It has to be changed into gas, plastic, chemicals, etc. to create a valuable entity that drives profitable activity; so must data be broken down, analyzed for it to have value.”

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The State of Supply Chain Trends Part IV: Data Analysis, Wearables, and the Cloud

GlobalTranz

The use of wearables will continue to be one of the top trends throughout the remainder of 2016 and upcoming years as well. While this idea seemed ground-breaking in 2006, it has become a commonplace aspect of nearly all Walmart locations. Think about the grocery stores that have implemented self-check-out registers.

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10 Books Logistics And Supply Chain Experts Need To Read

Freightos

I threw in a healthy dose of interesting (globalization, shipping trends and the business of logistics), a dash of history (the evolution of longitude), a sprinkle of next generation manufacturing (lean manufacturing) and some great company success stories (FedEx, Walmart. I think you’ll like the list too. trillion dollars worth of goods.

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[INFOGRAPHIC] The Evolution and History of Supply Chain Management

GlobalTranz

By the 1960s, a clear trend had developed in shifting more time-dependent freight transportation to truck rather than rail. Academic research and education followed this trend to satisfy the growing industry recognition of the needs in this area.

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Is bigger always better – Economies of scale and gigantism in shipping

Shipping and Freight Resource

With gigantism being the most popular trend currently pursued by the world’s major carriers a new global context has concurrently begun to rear its head. Onwards & Upwards – The trend of gigantism relative to vessels within the container industry. This begs the question is bigger always better and what alternatives exist?

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The Future of Freight and How Brokers Fit In

GlobalTranz

The world of freight brokers and the future of freight is changing quickly, so it’s time to watch those trends to understand how you need to adapt. In the long term, market trends are fairly foreseeable. So stay smart, keep track of technology and industry trends, and enjoy the rest of 2015. Dong liu / Shutterstock.com.

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Artificial Intelligence

Logistics at MPEPS at UPV

In 2006, AI was launched in the business world with top companies like Twitter, Netflix and Facebook that started to use artificial intelligence in their applications. It is making human life easier in most of the cases where it is applied, but it can be negative as well if this trending technology is not developed in the right hands.