News about Logistics Planning Improvement of UPS Forecasting Project | Sowoll



United Parcel Service is working on an ambitious analytics and machine learning project to gather and consolidate data from various applications within the company’s logistics network to better predict package flow, volume and delivery status, writes The Wall Street Journal (July 17, 2018). The predictive analytics tool will gather and analyze more than 1 billion data points per day at full-scale, including data about package weight, shape and size, as well as forecast, capacity and customer data. This allows UPS to know exactly what’s going where, and when it’s going to arrive, much more accurately than before.

The project is an example of how UPS is upgrading technology systems as it faces heavy competition from rivals including FedEx and Amazon as well as ever-growing e-commerce shopping demands. The company still relies on some outdated equipment and manual processes, ......

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