Tag Archives: Transportation

The Outlook of Artificial Intelligence

Artificial Intelligence
Artificial Intelligence is frequently (though not always) better at decision-making than humans. In some areas, we might expect this. For example, AI will suggest the fastest route on a map, accounting for traffic and distance, while we as humans would be prone to taking our tried-and-true route. But some less-expected areas where AI is better …
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The Synergy Between Self-Driving and Electric Vehicles

The Synergy between Self-Driving and Electric Vehicles
Big Trends in Land-Based Modes of Transportation There are 2 big trends that are happening right now in the development of future land-based modes of transportation.  The first is the development of autonomous, self-driving vehicles and the second is continued work in perfecting electrically powered drive trains for cars and trucks. Obstacles to Widespread Adoption …
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Add Total Delivered Cost Variances to Manage Your Supply Chain

Freight at Harbor
Add Total Delivered Cost Variances to Manage Your Supply Chain It is often said that you can only improve what you measure. To that end, there has been a lot of progress in performance tracking and activity-based costing over the past 10 years.  With the advent of better activity-based costing, leading companies generate monthly manufacturing …
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The Northern Sea Route – A New Link in the Global Supply Chain

Many of our activities at Profit Point are focused on helping clients in identifying and implementing changes that improve the efficiency of existing supply chain networks, ranging from planning to operations and scheduling.  In the short term we are usually trying to find ways to use existing capabilities more effectively, but as you look out …
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Will 3D printing radically transform the global supply chain, as we know it?

Additive manufacturing or 3D printing is a process of making three-dimensional solid objects from a digital model.  It is achieved by laying down successive layers of material, as opposed to the traditional machining techniques of removing material by drilling and cutting.  3D printing is usually performed by a materials printer using digital technology. Taking a …
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Transportation and Distribution Survey: 2012

The global economy hangs in a tenuous balance. U.S. growth has been slow, but steady, while the global economy has been mixed.  The survey data suggests that logistics planners are most concerned with meeting service levels, driven by capacity concerns, rising costs and the need to increase productivity.  This year, we conducted a Transportation and …
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Realigning Your Transportation Fleet in Changing Times

“Companies that use advanced routing and scheduling optimization solutions that are designed specifically for the transportation industrycan reduce transportation costs by up to 20%. “ Profit Point’s supply chain consultants have seen decades of economic boom and bust. Learn about the essential steps that you can take today to cut costs in the near term …
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