Inside Analytics: UPS Delivers the Goods

NO RATINGS
Page 1 / 4 Next >
View Comments: Newest First | Oldest First | Threaded View
BethSchultz
User Rank
Blogger
Re: Kudos from analytics guru
BethSchultz   7/1/2013 9:33:32 AM
NO RATINGS
@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
User Rank
Blogger
Re: Kudos from analytics guru
kicheko   6/29/2013 2:41:13 PM
NO RATINGS
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
User Rank
Blogger
Kudos from analytics guru
BethSchultz   6/19/2013 10:35:41 AM
NO RATINGS
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
User Rank
Prospector
Re: A fascinating look
Brian27   5/21/2013 9:06:36 AM
NO RATINGS
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
User Rank
Blogger
A fascinating look
Noreen Seebacher   5/9/2013 11:41:00 PM
NO RATINGS
Nice insight into a company we all know very well Beth

Latest Blogs
A brief and fun history of computer dating and analytics and whether it can be used to find true love.
NFL Commissioner Roger Goodell's offhand remark relating to players' risk for brain injury exhibited how use of data can be accurate without being right.
SAS tools add readability and depth to a map highlighting how natural gas is wasted in oil drilling.
While there is merit in the president's cybersecurity initiative it may be too little too late, considering the upcoming change in administrations and the White House relationship with Congress.
Perhaps a precurser to automated vehicles on the highway, massive driverless trucks are already at work in the mining sector.
Radio Show
A2 Conversations
UPCOMING
James M. Connolly
See How Data is Revolutionizing Healthcare


2/25/2016   REGISTER   0
ARCHIVE
James M. Connolly
The Analytics Job and Salary Outlook for 2016


1/28/2016  LISTEN   16
ARCHIVE
James M. Connolly
See How Analytics Drive Change in the Retail World


1/7/2016  LISTEN   103
ARCHIVE
James M. Connolly
All Analytics Conversations: Forecasts for Analytics in 2016


12/18/2015  LISTEN   3
ARCHIVE
James M. Connolly
Don't Make This Mistake With Big Data


12/11/2015  LISTEN   4
ARCHIVE
James M. Connolly
Understand the Difference Between Data Science and Analytics


11/23/2015  LISTEN   30
ARCHIVE
James M. Connolly
Shape the Next Generation of Data Scientists


10/20/2015  LISTEN   69
ARCHIVE
James M. Connolly
Analytics Best Practices: Plan for the Human Factor


10/14/2015  LISTEN   117
ARCHIVE
James M. Connolly
See How Your Analytics Initiative Measures Up


9/24/2015  LISTEN   50
ARCHIVE
James M. Connolly
Use Mobile Analytics to See the Big Picture


9/1/2015  LISTEN   83
ARCHIVE
James M. Connolly
Hire and Manage a Great Analytics Team


9/1/2015  LISTEN   152
Information Resources
Cartoon
CARTERTOONS
Quick Poll
Quick Poll
About Us  |  Contact Us  |  Help  |  Register  |  Twitter  |  Facebook  |  RSS