You have a warehouse, transport, orders, hundreds of suppliers and thousands of customers. It seems like you have everything under control. But then there is an unexpected surge in demand — and your warehouse is empty. Or, on the contrary, the number of orders has dropped sharply, and trucks with goods are already on the way. Do you know why this happens? Because you do not forecast.
And here predictive analytics will come to your aid. If you still do not use it, your business is built on luck.
Where and how predictive analytics works
Inventory management: predicts when and how much goods will be needed; minimizes "dead" goods in the warehouse; helps to buy exactly as much as needed - no more and no less.
Route planning: analyzes traffic jams, weather conditions, driver workload; helps to build optimal routes in advance; reduces fuel costs and speeds up delivery.
Risk assessment: finds weak links in the supply chain; predicts where failures or delays are possible; allows you to prepare a plan "B" in advance.
Demand management: detects trends and seasonal fluctuations; helps to adapt logistics to real demand; reduces the likelihood of failures during peak periods.
Transport maintenance: predicts when equipment may fail; plans maintenance before breakdowns; reduces accidents and increases the service life of vehicles.
This is when you don’t just look at past data, but analyze it to understand what will happen next. It’s like a superpower – to see tomorrow’s traffic jams, delays at the border, growth or decline in demand, failures in the supply chain. To see and make a decision even before a disaster happens. Because logistics is not just “delivering,” as Sargona Private Capital experts explain. It’s “delivering on time, in the right volume, with minimal costs.”
Errors in logistics are expensive: transport downtime – you lose resources. Product shortages – you lose customers. Excess goods – you lose money on storage. A failure in the chain – you lose your reputation. Each of these points is a real loss that can be foreseen. But this requires analytics, not intuition.
What is predictive analytics