Making sense of Big Data in the Logistics Industry
in partnership with INVEST Essex and the Chartered Institute of Logistics and Transport (CILT)
Date: 30 September 2015
Time: 6.30pm to 8.30pm
Venue: Players’ Lounge, Colchester United FC, Weston Homes Community Stadium, United Way, Colchester, CO4 5UP
Big data and data analytics are already proving to be of enormous benefit to many operators in the logistics industry. The growth of data is presenting huge opportunities for organisations to improve operational efficiency, customer experience and create new business models. These opportunities aren’t limited to the large volume players in the industry, they are scalable across a vast array of operating models.
At ‘Making sense of Big Data in the Logistics Industry’ you will hear from a panel of speakers on how the use of data analytics can help small and medium businesses.
Great benefits to the logistics sector
The advancements in technology and methodological aspects of Big Data provide huge opportunities for the logistics sector. Logistics providers manage an enormous flow of products and create vast data sets; origin, destination, size, weight, content and destination are tracked across global delivery networks every day.
The influence of the internet, global commerce, and analytics technologies on the ability to respond to a constantly changing world and market conditions drives companies to look for new ways to be competitive.
New technology means opportunities for all operations, of all sizes
Big Data offers logistics providers promising starting-points for the development of new business models including the likes of geo marking instruments for small and medium sized operators. Big Data analytics can accelerate business processes and increase the level of operational efficiency enabling last mile optimisation.
Additionally, advances in technology and the growth of cloud based systems means today’s market offers new tools for extracting meaning from the masses of data generated by business operations.
- Professor Vania Sena – Director of Business and Local Government Data Research Centre, University of Essex
- Simon Hobbs – VP Supply Chain Development UKIN, CEVA Logistics
- David Eyes – Business Development, Director, Data Interchange
- John Coates, Vice President -Trade Finance, Trade & Working Capital, Barclays Bank
Who should attend?
Those involved in logistics or logistics functions seeking to improve performance, efficiencies and operational costs.
Attendance is free of charge, but to reserve your place, please email Heidi Turnbull at Heidi.Turnbull@investessex.co.uk