Transportation
The transportation industry plays a critical role in the global economy and daily life, but it also faces a range of challenges that impact its efficiency, safety, and sustainability. For example, the average US commuter spends 54 hours per year stuck in traffic, which costs an estimated $88 billion in lost productivity and wasted fuel (Texas A&M Transportation Institute, 2021). The following examples are just a few examples how we can help the transportation industry.
Route Optimization
One of the biggest challenges in the transportation industry is finding the most efficient routes for delivery vehicles. Our Team helps overcome this challenge by analyzing large amounts of data on traffic patterns, road conditions, and delivery destinations to determine the best routes for delivery vehicles. This can help reduce fuel consumption, decrease travel time, and improve delivery times.
Predictive Maintenance
Another challenge in the transportation industry is keeping vehicles and equipment in good working order. We can help overcome this challenge by analyzing data on vehicle usage, maintenance history, and sensor data to predict when a vehicle or piece of equipment is likely to experience a breakdown. In turn, this helps transportation companies schedule maintenance and repairs more effectively, reducing downtime and improving overall efficiency.
Supply Chain Disruptions
Supply chain disruptions can have significant impacts on transportation companies, leading to delays, increased costs, and reduced customer satisfaction. Further, it is a challenge to identify patterns and correlations as they may not be immediately apparent. Our Team identifies the root cause of supply chain disruptions through advanced analytics and modeling techniques, helping companies to make data-driven decisions and take proactive measures to mitigate disruptions.Â