Next Generation cargo ERP Enterprise Resource Prediction

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Presentation transcript:

Next Generation cargo ERP Enterprise Resource Prediction Big Data Predictive analytics for cargo transport optimization

Prescriptive Predictive Descriptive Which analytics? What’s should we do? Optimization Decision trees What’s gonna happen? Forecasting Simulations What's going on? Dashboards BI Source: http://danalytix.blogspot.bg/2013/01/business-analytics-defined.html

Big data / predictive analytics capabilities Why is it so hard? Big data / predictive analytics capabilities Own funding to build software tools Predictive models Big data ecosystem access Software development capabilities Software product design skills Mathematical optimization skills Dedicated IT team Statistics knowledge Project manage-ment Software UX skills Cargo transport domain knowledge Cargo transport domain knowledge Skills in optimization of transport flows Knowledge of 40 different transport business models Good network of contacts in transport Cargo transport data knowledge Knowledge of profit management in transport

Discussion Challenges Ideas Business - IT alignment x2 (+ Data Science) Difficult to find/motivate data scientists As DW projects but worse (think communication, coordination, etc.) Difficult to communicate DS to business and industry concepts to mathematicians Very high risk of not realizing business benefits Ideas It’s non-trivial – and you need scale Grow internally or outsource? For customers: choose a partner who Is invested in the final benefits (having a success fee is good sign) Deeply understands your business For service providers There’s an immense opportunity You need to focus We talked to a lot of companies with data science departments

How Transmetrics product works Load Factor Module Transmetrics Forecasting Module Demand Forecast (# orders, tons from pickup to delivery) Historical load factors + machine learning (orders, tons, scans, linehauls, routing) TMS (orders, tons, scans, linehauls, routing) Transmetrics Optimization Module Transmetrics Execution Module Linehaul plan (linehaul – tours, schedule, stops) Supplier management (Internal and external suppliers)

Thank you for your attention! http://transmetrics.eu