News / Predictive analytics will be vital to the supply chains of the future

© Martin Kosíř

A major food company has asked to pilot Panalpina’s predictive analytics system as the perishables industry looks to better organise its supply chain.

Speaking to The Loadstar at Fruit Logistica in Berlin, global head of perishables at Panalpina Colin Wells said a demand-driven inventory disposition (D2ID) system increased ordering accuracy by some 25%.

“D2ID was developed for the manufacturing vertical and its use has seen accuracy at 90% compared with figures of 65-70% from manual ordering,” said Mr Wells.

“I believe the system may well work ...