INSPIRATION
Data analytics provide actionable insights for the improvement of warehouse productivity, performance management, and optimal utilization of logistical resources. The data obtained from monitoring position and weather along with fleet schedules help optimize routes and delivery planning.
The analysis of market data supports the further optimization of supplier pricing, inventory levels, and generation of risk management reports. Moreover, advanced analytics provide insights that help identify anomalies and offer predictive maintenance solutions.
The US-based company Nautilus Labs offers AI solutions to help maritime companies reduce fuel consumption and increase their operational efficiency. Nautilus’ software analyzes the historical voyage data and predicts the optimal speed and fuel consumption. The cloud-based platform also generates the vessel performance data that later helps in optimizing the fuel costs.
The US-based startup FACTIC offers a SaaS platform that provides predictive analytics solutions for the food and beverage industries. FACTIC leverages data mining and AI techniques to analyze the data from internal and external sources to predict future sales. The platform predicts deviation in demand and makes data-driven decisions to automate procurement. The platform also provides tools for optimization
of stock by employing auto-replenishment.
