Monday 24th Oct 2016 - Logistics Manager

Voiteq launches predictive analytics tool

Voiteq has launched a business intelligence solution, VoiceMan Data Analysis, which uses predictive analytics for users to test future ‘What-if?’ scenarios.

Launching the product at IMHX, Isabel McCabe, managing director of Voiteq, said: “Supply chain is under increasing pressure to reduce costs and meet ever increasing demands. So visibility into logistics operations is vital. Customers are realising that big data is the solution and are looking for more powerful tools to access the information needed to run smarter operations.”

Data Analysis works in near real-time providing visibility of critical operational information and processes; converting raw data captured by VoiceMan into actionable information and making it available for deep-diving analysis by managers and staff in a single site or across a warehouse network.

The predictive analytics, calculates future outcomes for proactive management and allowing ‘What-if?’ analysis of future scenarios, including year-on-year comparisons. Data Analysis can also be used to simulate the short-term impact of operational changes, such as reallocating resources or workloads around a busy distribution centre.