ABSTRACT
The role and capabilities of transportation management systems must continue to evolve and improve as transportation networks and operations become more dynamic and complex. Companies that continue to manage their transportation operations with outdated systems, or worse, with Excel spreadsheets, will find it difficult or impossible to keep pace with their customer requirements, as well as their cost and strategic objectives. As supply chain/transportation leaders focus on the technologies that can perhaps drive the greatest benefits, one common denominator stands out: data – specifically, how to best manage the growing volume of data. The best transportation operations are based on precision and timing, and the same is true of the data they use to drive their decision making. Predictive analytics may just hold the promise of breaking through what once was thought to be the entirely unpredictable nature of logistics. When it comes to the transportation network, the potential for risk can be hard to anticipate.
