New report finds major analytics gap for 3PLs and shippers
A new 3PL study from Infosys Consulting, Penn State University and Penske Logistics has found that there is a major gap between the perceived need for analytics and the current capabilities deployed by shippers and 3PLs. In the study 95% of shippers and 99% of 3PLs agree that analytics are a necessary element of 3PL expertise. But, only 26% of shippers and 27% of 3PLs are satisfied with current analytic capabilities. Major roadblocks lie in creating clean and useful data, and insufficient resources to best utilize analytics, such as a team of data scientists. This has created a large analytics gap that warrants further study.