5 Benefits of Analytics in Logistics

Is data analysis in your organization still done manually? Then you are spending too much time producing insights. And you cannot be 100% sure that you have the right data in front of you to make decisions. So how should you approach it instead? Read on.

Fortunately, we humans are not robots. And that is why we sometimes make mistakes. But as a manager, you have to make the right decisions every day to steer your logistics organization. You need to improve your planning, increase your performance and, of course, avoid as much risk as possible. To pull this off, you need error-free data. On time. Analyzing data manually therefore creates risks: it takes too much time and data quality is not guaranteed.

Getting started with analytics

This is exactly why many logistics companies are switching from their traditional way of working to an automated approach with a data visualization tool. Analytics software saves companies time and gives them the confidence to make decisions based on the right insights. This digital toolkit helps your organization perform better. But beyond that, there is another important reason to use data analytics software. Something many organizations do not stop to think about: you run a risk when you do not use it. Because most companies work with a data visualization tool, you will lose the race. After all, all your competitors do have visual insight into their figures on time, which enables them to make better decisions.

In a market with many competitive players, a single late delivery or unexpected surcharge can quickly mean one customer less. Or even game over. That is why it is essential to have a clear view of information about deliveries, lead times, transport routes, fuel costs, loads, bookings and carriers, so you can take action in time. Most companies are won over by the arguments above. But there are more crucial reasons for a manager of a logistics organization to start working with data visualization. Below, we have listed 5 more benefits for you.

Benefits of Qlik for Transport & Logistics

1. Increase operational efficiency and profitability through in-depth analyses of every step in the logistics chain, such as customers' service and network portfolio.
2. Gain insight into cost items and profit drivers within the logistics chain so you can deploy resources efficiently. For example, thanks to insights from Qlik, one of our clients discovered that a product traveled 150 km more than strictly necessary.
3. Always stay up to date on deliveries by visualizing your DIFs, DOTs and DIFOTs in a single dashboard.
   (DIF – Delivery in Full, DOT – Delivery on Time, DIFOT – Delivery In Full on Time)
4. Have a single version of the truth. With a data visualization tool, you create one version of the truth so you can make the right decisions based on it.
5. Streamline safety, traceability and compliance reporting with drill-downs to the smallest details in your data.
6. Bonus point: More creativity = more insights. A professional tool challenges you to look at data differently. This leads to new insights, spotting bottlenecks and the opportunity to resolve them. It offers more room, creativity and therefore better insight to steer by as a manager.

Ready to get started?

Would you also like to get started with analytics in logistics, just like CB, PGZ International and Schiphol? Then take a look at one of our demos or schedule an (online) introductory meeting with us!