DHL taps ‘big data’ for risk mitigation

Global logistics company DHL, is tapping ‘big data’ for the early detection of potential risks in supply chains. With the launch of ‘Resilience360’, an instrument for supply chain risk management enabled by big data analytics, DHL said it can provide its customers with an overview of potential disruptions of their individual supply chains. Further applications coming out of its big data trend report such as the ‘DHL Parcel Volume Prediction’ model or ‘DHL Geovista’ are currently being piloted.


DHL taps ‘big data’ for risk mitigation


Global logistics company DHL, is tapping ‘big data’ for the early detection of potential risks in supply chains. With the launch of ‘Resilience360’, an instrument for supply chain risk management enabled by big data analytics, DHL said it can provide its customers with an overview of potential disruptions of their individual supply chains. Further applications coming out of its big data trend report such as the ‘DHL Parcel Volume Prediction’ model or ‘DHL Geovista’ are currently being piloted.

“Resilience360 is a perfect example of the economic benefits of big data analytics in logistics. Aggregating and evaluating data safeguards and improves the efficiency of supply chains. Thus, business operation is maintained and customer satisfaction optimised sustainably”, explains Markus Kückelhaus, head of trend research, DHL Customer Solutions & Innovation.

DHL Resilience360 comprises two components: A risk assessment study and instruments for supply chain monitoring, which operate almost in real-time. Supply chains are supposed to be more resilient and less failureprone, thus preventing production standstills and revenue losses. Another part of the trend report, dealing with the improvement of operational efficiency, covers the correlation analysis of weather conditions, influenza outbreaks and the online shopping behavior of individuals. The report is available for free download at www.dhl.com/bigdata.