Logistics Startup of the Month: DRONAMICS

Logistics Startup of the Month: DRONAMICS

Logistics Startup of the Month: DRONAMICS

Every month we select one logistics startup which represents a positive example of innovation in logistics and has the potential to alter the way the industry operates. This month, Transmetrics selected DRONAMICS, the innovative unmanned cargo plane manufacturer, as the May “Logistics Startup of the Month” for its exceptional progress in adopting new technologies for the emerging logistics markets. In order to learn more about the company and what they do, we talked with Svilen Rangelov, a co-founder of DRONAMICS, and asked him several questions about the business and the industry.

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How IoT in Logistics Revolutionizes the Supply Chain Management

How IoT in Logistics Revolutionizes the Supply Chain Management

How IoT in Logistics Revolutionizes the Supply Chain Management

Amazon’s warehouse is perhaps one of the prime examples of how human and machines can collaborate to improve work efficiency. Employees no longer have to roam around scanning each item or search for the missing bar-codes. There are robots with built-in cameras and QR readers to quickly identify items accurately.

IoT is making supply chain management less challenging and more efficient, providing companies an opportunity to expand beyond bounds. In fact, logistics is one of the primary sectors to embrace IoT with such an open heart. And why shouldn’t it? With the ability to improve operational efficiency and enhance revenue opportunities, IoT has the power to revolutionize the supply chain sector within the next few years.

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“Across Logistics” Innovation News Release: April 2018

“Across Logistics” Innovation News Release: April 2018

“Across Logistics” Innovation News Release: April 2018

Welcome to the April 2018 issue of “Across Logistics” Innovation News Release, where we are presenting you the latest innovative technologies and important news in logistics that happened in April. 

Here is the list of topics in this issue:

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Logistics Startup of the Month: Xeneta

Logistics Startup of the Month: Xeneta

Logistics Startup of the Month: Xeneta

Every month we select one logistics startup which represents a positive example of innovation in logistics and has the potential to alter the way the industry operates. This month, Transmetrics selected Xeneta, the leading ocean freight price benchmarking and market intelligence platform, as the April “Logistics Startup of the Month” for its remarkable pursuit of transparency and transformation in the shipping and logistics industry. In order to learn more about the company and what they do, we talked with Patrik Berglund, CEO & Co-founder of Xeneta, and asked him several questions about the business and the industry.

Congratulations, Xeneta!

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Blockchain in Logistics – Will it Change the Industry? (Part 2)

Blockchain in Logistics – Will it Change the Industry? (Part 2)

Blockchain in Logistics – Will it Change the Industry? (Part 2)

In our previous post, we discussed the history of blockchain and some of the benefits it has for the transportation and logistics industry. This is a continuation of the interview with a blockchain expert Martijn Siebrand, who talks more about the intersection of blockchain and logistics – more specifically, on how the technology is already being used in the industry, how it could be used in the future and what logistics companies need to do to get on board.

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“Across Logistics” Innovation News Release March 2018

“Across Logistics” Innovation News Release March 2018

“Across Logistics” Innovation News Release March 2018

Welcome to the March 2018 issue of “Across Logistics” Innovation News Release, where we are presenting you the latest innovative technologies and important news in logistics that happened in March. 

Here is the list of topics in this issue:

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Logistics Startup of the Month: We4Sea

Logistics Startup of the Month: We4Sea

Logistics Startup of the Month: We4Sea

Every month we select one Logistics Startup which represents a positive example of innovation in logistics and has the potential to alter the way the industry operates. This month, Transmetrics selected We4Sea, a fuel-efficiency solution for ships, as the March “Logistics Startup of the Month” for its outstanding usage of data analytics to save fuel, decrease emissions and accelerate the sustainability of the shipping industry. In order to learn more about the company and what they do, we talked with Dan Veen, CEO of We4Sea, and asked him several questions about the business.

Congratulations, We4Sea!

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“6 Ways to Improve Logistics Performance With Big Data” – Guest Article by Youredi

“6 Ways to Improve Logistics Performance With Big Data” – Guest Article by Youredi

“6 Ways to Improve Logistics Performance With Big Data” – Guest Article by Youredi

From improving healthcare to suggesting what movies to watch, big data is being used to improve our lives on a daily basis. Accordingly, businesses across the globe — and across industries — have spent extensive amounts of their marketing budgets on using this data to gain expert insight into both their businesses and their customers.

Blockchain in Logistics – Will It Change the Industry? (Part 1)

Blockchain in Logistics – Will It Change the Industry? (Part 1)

Blockchain in Logistics – Will It Change the Industry? (Part 1)

Since its first implementation with bitcoin back in 2008, blockchain has shown extreme promise to upend a number of industries – and most recently, the industry in the spotlight has been transport and logistics. In December, logistics leader UPS joined the Blockchain in Transport Alliance. In January, Maersk and IBM announced their intention to form a blockchain joint venture. And in February, Warren Buffet’s BNSF Railway joined the Blockchain in Transport Alliance as the first of seven major railroads to do so.

To understand more about this industry transition, Transmetrics’ Co-Founder and CCO Anna Shaposhnikova spoke with Martijn Siebrand, expert and advisor in blockchain technology in Supply Chains.

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Is data quality an obstacle for predictive analytics optimization?

Is data quality an obstacle for predictive analytics optimization?

Is data quality an obstacle for predictive analytics optimization?

Is data quality an obstacle for predictive analytics optimization?

First of all, If you try to put any data that you have into the predictive algorithm, it is going to predict some results, but they’re not going to be what you need. Instead, the algorithm is going to deliver you a set of very low-quality predictions. In other words, it follows the principle “garbage in, garbage out”, in which the decision-making might be flawed due to incomplete, or imprecise data. Improving the quality of the historical logistics data is extremely difficult but it is a must before you even start thinking about predictive optimization.

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