Episode description

🎙️"But what we're finding is that our customers at the end of having used Tive for a year. They have this really rich data set.🎙️ 

As we continue to digitize the supply chains and logistics, the importance of data accumulation for designing robust supply chain networks cannot be overstated. In the upcoming episode of the Beyond Visibility Lounge, Richie Daigle, Enterprise Account Manager at Tive Inc., shares his insights on the value that real-time in-transit visibility technology creates for his customers. He particularly emphasized:

• How accumulated data from IoT devices provide companies with a treasure trove of information to analyze trends and patterns. By leveraging this rich data set, businesses can gain strategic insights into carrier performance, lane efficiency, and potential areas for optimization.

• Having access to comprehensive data sets enables companies to make informed decisions when evaluating carrier performance, tender acceptance, rates, and on-time delivery metrics. 

• Beyond tactical applications like saving shipments, the real power lies in leveraging data to design more resilient supply chains. By using IoT devices to accumulate and analyze data, companies can proactively identify and mitigate risks, ultimately building a supply chain that is not only more resilient but also more data-driven and adaptable to changing market dynamics.

In an era where AI, machine learning, and algorithms are gaining prominence, the importance of having high-quality data cannot be overstated. As we continue to embrace technological advancements, data have the power to drive innovation and build more resilient supply chains.

Don't miss out on this enlightening discussion! 

Tune in to the Beyond Visibility Lounge podcast.

The episode goes live on April 16, 2024, at 5:00 AM EDT on Spotify, Apple Podcasts, YouTube, and YouTube Music. 

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