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Predictive Analytics Improves End-To-End Visibility In Supply Chain
Predictive analytics is a technology tool that is improving the end-to-end customer experience of the retail, healthcare and transportation industry
- Data on customer purchases can help predict future sales.
- Narrows and tailors product focus to the client’s needs.
- Helps ‘detect risk’ and ‘provides insight into new product categories’.
- Provides product recommendations to address customer inquiries.
- Helps 3PLs retain business and avoid late shipments by monitoring deliveries.
- Improves the visibility of ‘shipment status and location’.
- Avoid costs associated with ‘late and off-schedule shipments’.
- Create business opportunities by meeting visibility requirements.