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Purpose: The bulk cargo shipping industry is characterized by high cost pressure. Chartering vessels at low prices is important to increase the margin of transporting cargo. This paper proposes a three-step, AI-based methodology to support this by forecasting the number of available ships in a...
Persistent link: https://www.econbiz.de/10012143189
Purpose: The bulk cargo shipping industry is characterized by high cost pressure. Chartering vessels at low prices is important to increase the margin of transporting cargo. This paper proposes a three-step, AI-based methodology to support this by forecasting the number of available ships in a...
Persistent link: https://www.econbiz.de/10012158293
Advances in the area of computing power, data storage capabilities, etc., are changing the way business is done, particularly regarding how businesses use and apply artificial intelligence. To better understand how artificial intelligence is used in supply chain management, this paper identifies...
Persistent link: https://www.econbiz.de/10012514998
Supported by ever-increasing amounts of data and maturing technologies, big data analytics offers viable, promising improvements for various fields and applications. Supply chain analytics (SCA), the application of big data analytics to supply chain management, can enhance and innovate supply...
Persistent link: https://www.econbiz.de/10013332243
Supported by ever-increasing amounts of data and maturing technologies, big data analytics offers viable, promising improvements for various fields and applications. Supply chain analytics (SCA), the application of big data analytics to supply chain management, can enhance and innovate supply...
Persistent link: https://www.econbiz.de/10014542154
World-wide trends such as globalization, demographic shifts, increased customer demands, and shorter product lifecycles present a significant challenge to the road freight transport industry: meeting the growing road freight transport demand economically while striving for...
Persistent link: https://www.econbiz.de/10014421692
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