Sixfold, Europe’s leading real-time shipment visibility provider, today released a comprehensive e-book outlining the core benefits that the logistics industry can derive from a provider’s accuracy and expertise in predicting the estimated time of arrival (ETA) of shipments.
Understanding the benefits of ETA within real-time visibility and integrating predictive solutions into core business processes and applications is a must in today’s complex world of supply chain management. Having ETAs and delay alerts in place reduces the need for check calls to drivers - and thus manual labour - by up to 80%. Logistics professionals clearly recognize the value of selecting a provider that can provide best in class ETA accuracy, with 72% or respondents to our recent RTV study selecting it as their top driver.
Even if all the necessary components for ETA calculation are not available, it is still possible to provide an accurate ETA estimate as long as the algorithms behind the calculation and supporting processes are designed to work with missing data, data errors and uncertainty. The e-book outlines how AI and machine learning can help overcome these potential issues and maximize the value of real-time ETAs.
"Sixfold’s expertise in harnessing Artificial Intelligence and machine learning processes to develop critical delivery status details for Saint-Gobain Rigips customers is unmatched and allows them to better manage their daily operations,” says Thomas Muschalla, Supply Chain Project Leader, Saint-Gobain Rigips. “By embracing Sixfold’s real-time shipment visibility technology, we now have a formidable user interface for transport reporting and performance and can raise the bar in customer interactions."
According to the Gartner Market Guide for Real-Time Transportation Visibility Platforms report, “visibility continues to be one of the top technologies supply chain end users invest in. By 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions." Sixfold has been recognized as a Representative Vendor in this report.
Sixfold’s ETA e-book is available free of charge. Download your copy at sixfold.com/resources/eta-e-book
Gartner “Market Guide for Real-Time Transportation Visibility Platforms,” Bart De Muynck, 25 February 2020
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