Role of Operations Strategy and Big Data: A Study of Transport Company

Research output: Chapter in Book/Conference proceeding with ISSN or ISBNChapter

Abstract

It has been observed that the less than truck load (LTL) industry is going through significant transformation. After the last few years of decline in revenue, due to weak economy, the profitability of the LTL is on the rise. A strategy based on improving freight flow and density, and tightening terminal capacity is finally producing results for many LTL's, at the same time other LTL's are investing on expanding terminal network's while making bigger gains in the revenue. The availability of big data has revolutionised the way the LTL industry operates. The data assists in planning, efficient routing, safety control, fuel conservation, driving habits, etc. Analysts be- lieve that big data still has a bigger role to play and it will have significant impact on the LTL industry in the coming days. This chapter discusses the challenges and opportunities for LTL carriers as it arises due to the emergence of big data.
Original languageEnglish
Title of host publicationSupply Chain Management in the Big Data Era
EditorsH. K. Chan, N. Subramanian, M.D.A. Abdulrahman
Place of PublicationUnited States of America
PublisherIGI Global; Web site: http://www.igi-global.com
Pages92-106
Number of pages15
Volume1
ISBN (Electronic)9781522509578
ISBN (Print)9781522509561
DOIs
Publication statusPublished - 14 Nov 2016

Publication series

NameA volume in the Advances in Logistics, Operations, and Management Science (ALOMS) Book Series

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  • Cite this

    Upadhyay, A. (2016). Role of Operations Strategy and Big Data: A Study of Transport Company. In H. K. Chan, N. Subramanian, & M. D. A. Abdulrahman (Eds.), Supply Chain Management in the Big Data Era (Vol. 1, pp. 92-106). (A volume in the Advances in Logistics, Operations, and Management Science (ALOMS) Book Series). IGI Global; Web site: http://www.igi-global.com. https://doi.org/10.4018/978-1-5225-0956-1.ch006