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Logistics & Supply Chain

Greenplan – the best way: Logistics experts launch powerful algorithm for individual route optimization

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Greenplan - the best way: Logistics experts launch powerful algorithm for individual route optimization. Image: DHL
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Greenplan, a DHL financed start-up company, is launching a powerful algorithm for optimizing delivery routes and stop sequences in logistics. The algorithm leverages the full potential of smart routing, using all information and data available to optimize transport routes in an entire delivery area, while existing solutions are dealing with smaller sub-areas to cope with complexity. In doing this, Greenplan sets a new benchmark.

It bolsters the industry’s efficiency and sustainability efforts without making compromises on the quality of planning. The algorithm was developed by scientists from the University of Bonn in cooperation with DHL logistics experts. Greenplan supports customers with their road freight business and last-mile deliveries as well as field service providers with their service schedules.

“We at Greenplan want to help make the industry more efficient and sustainable. With our smart and powerful algorithm, we are tackling the complex task of efficient route planning by offering a precise and reliable solution that can be integrated into existing systems,” explains Dr. Clemens Beckmann, CEO at Greenplan.

“In contrast to nearly all tools on the market, Greenplan – for the first time – calculates routes according to historic traffic information available on street-level. This, in turn, enables our customers to save up to 20 per cent costs compared to standard route optimization solutions and to lower their carbon footprint accordingly, simply by reducing kilometers driven.”

Customer needs are constantly changing: The growing e-commerce market fuels demand for same-day deliveries while the contract logistics market increasingly looks at just-in-time processing. The Greenplan algorithm is equipped for such cases and capable to digest not only the targeted addresses but also individual delivery time windows on shipment level.

By considering time-of-day-dependent, street-specific travel times, Greenplan also finds the optimal starting time of delivery tours. These improved tours increase the predictability for customers and appear natural to drivers. The solution also supports contingency planning in case of incomplete data availability and considers system-relevant variables such as different loading types or adherence to regulations. These features offer a robust solution that is adaptable to a variety of issues or customized changes.

Greenplan empowers customers to drive their own green strategies by enabling CO2 emission reductions through shorter distances and fewer tours. Greenplan not only provides visibility on the estimated carbon footprint based on planned delivery routes, it also considers emissions per vehicle type to plan the most CO2-efficient routes.

Moreover, the algorithm is capable of considering specific parameters for electric vehicle fleets, like range limits per vehicle. Altogether, the smart algorithm leads to decreased costs and lower CO2 emissions for the same delivery work. This helps not only logistics companies, but also supports field service providers who need to plan schedules of their workforce.

Logistics is a highly fragmented industry that delivers a multitude of solutions for individual processes. To realize the full potential of capacities and optimize resource management, Greenplan teamed up with the Research Institute for Discrete Mathematics at the University of Bonn to engineer a new smart algorithm capable of meeting customers’ unique business needs, while still ensuring short computing times.

Logistics & Supply Chain

Blue Yonder and Uber Freight partner to accelerate digital transformation in the supply chain

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Blue Yonder and Uber Freight partner to accelerate digital transformation in the supply chain. Image: Blue Yonder
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Blue Yonder and Uber Freight announced a partnership designed to help businesses build efficient and transparent global supply chains at a crucial time.

Digital transformation initiatives have accelerated over the last few months, as enterprises that ship goods embrace flexible operations to keep up with shifting demand. Quickly recovering from supply shortages and creating a resilient business for the long term requires a well-managed, digitized supply chain, including freight transportation.

As volatility increases across freight transportation markets, Blue Yonder and Uber Freight are working together to meet businesses’ varied logistics needs, creating new ways to ensure shippers can instantly tap into real-time services and a reliable capacity network, within the tools they already use.

Uber Freight will integrate directly within the Blue Yonder LuminateTM Platform to power the dynamic pricing discovery solution to provide instant quoting of real-time market-based prices and instant booking capabilities up to two weeks in advance of loads.

“Uber Freight’s partnership with Blue Yonder will provide businesses the innovative tools they need to implement digital transformation in their freight process, enabling end-to-end visibility from planning to execution,” said Laurent Hautefeuille, Head of Business Development at Uber Freight. “Together, we’re making our tech-forward approach to freight – from real-time pricing to instant capacity – available to more businesses looking for more foresight and control of their operations in today’s dynamic market.”

Blue Yonder’s Luminate Platform is powered by Microsoft Azure and combines rich internal and external data from across a customer’s digital supply chain assets to allow for smarter, more actionable artificial intelligence (AI) and machine learning (ML)-based business decisions.

Using an API, the dynamic pricing discovery solution will enable businesses who use the Blue Yonder transportation management solution to tap into automated execution, dynamic routing guides, and Uber Freight’s capacity network of over 50,000 freight carriers in the U.S. and Europe.

“At Blue Yonder we want to empower companies with real-time data to make informed, intelligent, profitable decisions, ultimately accelerating global business growth and we know Uber Freight is aligned with this mission,” said Terry Norton, Vice President, 3PL & Transportation at Blue Yonder. “We’re thrilled to amplify our offering with their freight network density and unique real-time pricing to give our customers an edge in this challenging market.”

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Freight Forwarding

essDOCS partners with Infosys Finacle for blockchain technology led trade finance automation

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essDOCS partners with Infosys Finacle for blockchain technology led trade finance automation. Image: Pixabay
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essDOCS, the leading enabler of paperless trade, announced a partnership with Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys, for driving automation in Trade finance processes though Distributed Ledger Technology. essDOCS’ CargoDocs DocEx solution will be integrated with Finacle’s blockchain-based trade finance solution, Finacle Trade Connect, for select use-cases.

CargoDocs DocEx is a digital solution for banks and corporates enabling the secure electronic signing, distribution/transfer and management of original electronic documents – including title documents such as Bills of Lading and Warehouse Warrants – through the supply chain.

Finacle Trade Connect is a blockchain-based application developed specifically to address and simplify the trade finance process requirements for banks, digitizing trade finance business processes including validation of ownership, certification of documents and payments, while working on a distributed, trusted and shared network.

The joint solution will focus on trade finance transactions including Letters of Credit, Documentary Collections, Guarantees and more, allowing banks and their corporate customers to access all data (and documents) under any given financing instrument – consolidated within the Finacle Trade Connect solution – providing a single integrated solution with open, connected and non-siloed data.

Users of the joint solution will benefit from a single, distributed source of truth which increases transaction trust and transparency, while utilizing core functions of CargoDocs DocEx – including the ability to instantaneously draft, review, amend, sign, issue, transfer, present and surrender relevant original electronic documents such as the B/L. This will result in increased transaction speed, accuracy and control, elimination of paper document fraud risks, automation of doc handling processes and real-time access to relevant trade document data.

Venkatramana Gosavi, Senior Vice President and Global Head of Sales, Infosys Finacle, said: “We launched Finacle Trade Connect with the vision of helping banks simplify trade finance processes. The solution provides higher automation and transparency and enables better decision making for both banks and corporates. The partnership with essDOCS will further enhance the solution and help our clients achieve greater automation.”

Alexander Goulandris, co-CEO essDOCS, added: “We are excited to partner with Infosys Finacle and look forward to jointly accelerating digitization of trade in India plus the wider Asia Pacific region. This partnership not only expands the reach of companies and banks with access to CargoDocs, it also allows users to access a full range of paperless trade solutions within the Finacle platform.”

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Logistics & Supply Chain

Fishbowl partners with Shippo to launch free Fishbowl Shipexpress plugin

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Fishbowl partners with Shippo to launch free Fishbowl Shipexpress plugin. Image: Pixabay
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In order to help its customers amid challenging economic times, Fishbowl®, in partnership with Shippo, announced today the availability of its newly redesigned Fishbowl ShipExpress® plugin at no cost. The updated plugin provides access to label printing, tracking, and more from over 50 regional, national and international shipping carriers.

Because of the partnership, the five-cent software service fee for each generated shipping label is waived by Shippo for Fishbowl ShipExpress users. Customers simply create a Shippo account and download the ShipExpress plugin to begin using.

The ShipExpress plugin is valued at $995 and is included at no cost for Fishbowl Manufacturing and Fishbowl Warehouse customers. It adds many new features to the shipping and sales modules.

“We are pleased to offer a powerful new shipping plugin for our customers,” said John David King, CEO of Fishbowl. “Businesses of all sizes need all the help they can get to operate their businesses efficiently through these difficult times.”

Fishbowl ShipExpress features include:

  • Integration with top shippers, such as UPS, FedEx, USPS, DHL, and many other regional, national, and international shippers.
  • Batch shipping to speed up the order fulfillment process.
  • Improved shipping rate quote comparisons to ensure you get the best deal.
  • Updated shipping label tool, which allows you to print free labels from Shippo.
  • Signature confirmation to let you know if packages are received by the right people.
  • Shipping insurance for extra protection on expensive items.
  • Shipment tracking to show you each package’s ETA and if there are any delays.
  • Bulk address validation to avoid shipping to the wrong addresses when dealing with a large volume of outgoing packages.
  • USPS Commercial Plus Pricing, which gives you exclusive discounts on USPS shipping rates.
  • No subscription costs, unlike other shipping solutions like Endicia and ShipStation, which charge you on a monthly basis.

“We’re excited to partner with Fishbowl to offer extended shipping functionality in the ShipExpress plugin to Fishbowl customers,” said Mario Paganini, head of marketing at Shippo. “At a time when more and more commerce is taking place online, merchants need the best possible tools to keep up with ever-changing consumer behavior.”

Fishbowl ShipExpress is built into the interface of Fishbowl Manufacturing and Fishbowl Warehouse and immediately available to provide advanced shipping capabilities.

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