Houston-based Stephen Patrick Day is the CEO of Logistics Group International (LGI), a heavy haul, third-party logistics company primarily serving the energy and manufacturing industries. As the head of LGI, Stephen Day performs C-level operational oversight and stays abreast of new technologies and potential disruptors in the logistics industry.
Last-mile logistics is one of the biggest drivers of innovation in the industry. With so much of the operational cost allocated to such a relatively small link in the chain, emerging technologies such as drones are rapidly approaching widespread adoption in many segments.
As with most other industries, big data is increasingly being used in logistics to make decisions about everything from routes to investment strategies. Predictive algorithms are trusted to anticipate busy periods, fuel shortages, and myriad other factors that affect the bottom line, significantly streamlining operations.
As connectivity increases across the entire industry, security fears are at an all-time high. Concerns about cyber attacks and data breaches are driving huge investment into protection measures from small and large operators alike.
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