Today “information” is a renewable resource and a product in itself.
Like many other industries, the logistics industry is going through several changes and adapting to the new digital environment. The leverage of data through innovative technologies that allow companies to have better and new data, and use it in more robust applications, is speeding up the path to a more efficient and sustainable supply chain.
Data and analytics are transforming many industries and businesses, and logistics is not an exception. The complex and dynamic nature of this sector, as well as the intricate structure of the supply chain, make logistics a perfect use case for data. Valuable insights obtained through data leveraging enable the industry players to optimize routing, to streamline factory functions, and to give transparency to the entire supply chain, for the benefit of both logistics and shipping companies alike.
We will help you understand the Third party logistics clearly and also the naïve bayes formulation, which will help you to formulate useful data for prediction. By using naïve bayes, we can better predict target customer by analysis, and find the real time business opportunity.