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For instance, what used to take 24-36 hours now takes approximately 4 hours, resulting in significant cost savings and increased responsiveness.
2. Predictive Analytics for Logistics Optimization
Another critical application concerns the recycling of used motor oil. Using predictive analytics, Clean Harbors forecasts when collection tanks will need servicing, optimizing routes for over 10,000 tanker trucks. This approach:
Minimizes unnecessary trips.
Cuts operational costs.
Improves customer satisfaction through timely service.
In practical terms, this model has helped balance supply and demand efficiently, bolstering environmental compliance and reducing emissions.