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#Business intelligence applications in transportation how to#
#Business intelligence applications in transportation drivers#
#Business intelligence applications in transportation software#

Such a fleet requires precise monitoring and control of all technical parameters. Let's imagine your fleet includes fifty trucks and a small fleet maintenance team that maintain trucks on time and in proper condition.

Big fleets are hard to maintain on time.

Moreover, real-time vehicle tracking is necessary for better routing and dispatching, which in turn reduces truck mileage and increases the number of jobs completed in a day. The ability to track vehicles in real-time is essential for maintaining proper speeds and significantly reducing the amount of fuel used by your fleet. The reason for such a situation is that human schedulers have limitations on how tight they can fill a truck's schedule using historical and upcoming data. At the same time, improper predictions of supply and demand can result in 20% empty miles, according to Aaron Terrazas, director of economic research at Convoy. You don't want to transport air because, with every empty mile, you lose an opportunity to earn money.

#Business intelligence applications in transportation drivers#

Also, your fleet drivers may use more fuel than expected because of poor road optimization, traffic, or sudden road maintenance, which also impacts your financial bottom line. Continually rising fuel prices increase your operational costs, forcing you to charge more for your services to keep your business profitable. Undoubtedly, you face problems that day by day get in the way of your business' success, and continually encounter issues, such as: While delivery and logistics businesses vary in size and the number of fleets, all of them want to achieve maximum performance of their trucks, while keeping costs low. Main issues in transportation, shipping, and logistics industries You’ll also learn how AI solves main issues with your business' profitability while increasing its effectiveness.

#Business intelligence applications in transportation how to#

We've created this post to give you some ideas on how to leverage AI solutions for your logistics or transportation organization and the advantages of AI in transportation.

#Business intelligence applications in transportation software#

Why? The simple answer is that algorithms and AI-powered software are more precise, learn faster, and almost-error free, so that they can provide you with data-driven insights.īesides this, Accenture's report reveals that 36% of large-, mid- and small-size organizations have already adopted AI for logistics and supply chain processes, which means your business could be left behind by competitors.

To achieve your goals, you need to transform your operational landscape by adopting AI in your transportation business, including related technologies such as Machine Learning, IoT, and data analytics tools. You may also want to eliminate risks connected with human errors, low workforce productivity, and inefficient operational planning.

As a logistics or transportation business owner, you want to achieve a competitive edge.