Inside Analytics: UPS Delivers the Goods

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BethSchultz
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Re: Kudos from analytics guru
BethSchultz   7/1/2013 9:33:32 AM
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@kicheko, and kudos to UPS to understand that it could further optimize its routes. When you're dealing with fuel, vehicle wear and tear, and so many route miles, not to mention strict and aggressive customer service promises, a little can have huge impact.

kicheko
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Re: Kudos from analytics guru
kicheko   6/29/2013 2:41:13 PM
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Must be quite a complex system able to re-order small details to make even the small savings. A little does go a long way in the end.

BethSchultz
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Kudos from analytics guru
BethSchultz   6/19/2013 10:35:41 AM
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I'm attending the CAO Summit today, and business analytics author Tom Davenport just gave a shoutout to UPS and this prescriptive analytics project as an example of an Analytics 3.0 organization.

Brian27
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Re: A fascinating look
Brian27   5/21/2013 9:06:36 AM
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Yet another variation of management science's 'Traveling Salesman Problem', and the combinatorial explosion.  It's always amazing to realize just how many possible solutions there are to such a problem, even if there are only a couple dozen destinations to consider. 

You have to be careful calling any solution 'optimal'; as (to my knowledge), an optimal solution is not mathematically possible.  The best algorithms and lots of computer power (I'd guess UPS has both), can get very close to optimal - so close that it would be a waste of resources to try to get any closer.  Maybe that's as an important a message: when painting a masterpiece, you have to know when to put down the brush

Noreen Seebacher
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A fascinating look
Noreen Seebacher   5/9/2013 11:41:00 PM
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Nice insight into a company we all know very well Beth

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