Accelerator Synopsis
Smart Transportation Planning System (STPS) helps transform transportation with real-time analytics. The accelerator proves its effectiveness by integrating technological advancements in the Transport Management System (TMS) and utilizing the Supply Chain space to make informed decisions.
STPS is a fusion of components that provides the customers with the most cost-effective deliveries within service level constraints. It uses statistical methods and operations research, linear programming, combinatorial optimization, mathematical simulation, and queuing theory to help in decision-making and optimization.
Value Addition
Transport Management System
TMS takes care of Planning, Execution, and Control.
Inclusive Planning
Order Processing, Load Planning, and Appointment Scheduling.
Real-time Execution
Load Allocation, Shipment ID Generation, Inbound Receipt Summary, and Load Tendering.
End-to-end Control
Shipment Tracking and Dispute Management (Damaged/Lost Items).
Tackles Uncertain Business Challenges
Helps overcome the impact of the pandemic on demand, freight capacity constraints, market & cost pressures, siloed operations, etc.
Better RoI
Reduces cost to serve, achieves better customer service levels, improves operations margin, providing better RoI.
Inclusive Planning
Order Processing, Load Planning, and Appointment Scheduling.
Real-time Execution
Load Allocation, Shipment ID Generation, Inbound Receipt Summary, and Load Tendering.
Transport Management System
TMS takes care of Planning, Execution, and Control.
End-to-end Control
Shipment Tracking and Dispute Management (Damaged/Lost Items).
Tackles Uncertain Business Challenges
Helps overcome the impact of the pandemic on demand, freight capacity constraints, market & cost pressures, siloed operations, etc.
Better RoI
Reduces cost to serve, achieves better customer service levels, improves operations margin, providing better RoI.
Features
Freight Forecasting
Accurate forecasts at the most granular level for planning and scheduling.
Order Prioritization
Sort and select priority customer orders based on inventory, customer dynamics, and consolidation opportunities.
Load Consolidation
Combine orders to optimize truck utilization and reduce the total number of outbound trucks.
Mode Selection
Identify the optimal mode of transportation to minimize cost while ensuring on-time delivery.
Route Optimization
Pick the best route to deliver customer orders to meet appointment requirements.
Carrier Allocation
Select the optimal carrier for each load based on the least spent and ideal SLAs.
Capacity Planning
Perform carrier bidding process using freight forecast and optimal carrier allocation by lane.
Asset Management
Track performance and identify optimal allocation of assets to improve utilization and availability.
Control Tower Operations
Get end-to-end real-time visibility, control, and collaboration across the entire supply chain network.
Freight Audit
Cross-validate carrier invoices with POs to ensure correct pricing and shipping details.
Freight Forecasting
Accurate forecasts at the most granular level for planning and scheduling.
Order Prioritization
Sort and select priority customer orders based on inventory, customer dynamics, and consolidation opportunities.
Load Consolidation
Combine orders to optimize truck utilization and reduce the total number of outbound trucks.
Mode Selection
Identify the optimal mode of transportation to minimize cost while ensuring on-time delivery.
Route Optimization
Pick the best route to deliver customer orders to meet appointment requirements.
Carrier Allocation
Select the optimal carrier for each load based on the least spent and ideal SLAs.
Capacity Planning
Perform carrier bidding process using freight forecast and optimal carrier allocation by lane.
Asset Management
Track performance and identify optimal allocation of assets to improve utilization and availability.
Control Tower Operations
Get end-to-end real-time visibility, control, and collaboration across the entire supply chain network.
Freight Audit
Cross-validate carrier invoices with POs to ensure correct pricing and shipping details.
Sparking AI Innovation at the Intersection of Business Analytics, Data Science, and Engineering.
FAQs
As a standalone planning solution with all components.
As an enhancement to the planning layer of an existing legacy TMS.
As individual component(s) to complement current planning processes
Data availability and integrity.
Audit to identify and quantify impact of enhancements.
Business alignment and prioritization of enhancements.
Implementation plan and scale of changes.