New White Paper: Basic Concepts of Machine Learning

June 5, 2023

     Basic Concepts of Machine Learning Implemented by

This white paper describes the basic concepts of models and AI, as implemented by Understanding these concepts is extremely helpful in obtaining in-depth insights into the system’s inner workings, as described in other white papers and the system documentation. These basic concepts are described in detail, using examples from within the freight pricing world and unrelated examples for clarity.

What you'll learn:

  • What is a model?
  • How to train, validate and test a model
  • How specific features can affect the prediction of a model
  • Filtering and removing outliers
  • Regression vs. Classification models

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About Us offers a dynamic pricing infrastructure for the logistics industry that optimizes and enriches historical and real-time market data to predict buy rates and sell prices that are 2 - 3X more accurate than traditional pricing methods, empowering LSPs to increase profit per transaction and volume per rep. We were started in 2020 by a team of veterans who have collectively spent over 100 years in the supply chain industry.
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