Category: Route Optimization
In Focus Webinars
Expanding with accountability: The Supply Chain Story of Bigbasket
As a growing venture, we understand the complexities of expansion first hand. More regions to serve, additional clients and unfamiliar avenues often lead to many unforeseen challenges. And even though every business dreams of growing big, only a few are ready for added responsibilities. The supply chain and its development is at the heart of […]
Fleet Optimization
What Are Consumer Companies Doing In Canada To Optimise Logistics And Why?
Logistics Optimization in Canada: Recently, 78 Canadian companies, 26 business associations and 12 Canadian academic institutions came together to form SCALE.AI, and the Government of Canada announced it had selected SCALE. AI as one of five winning industry-led proposals in its Innovation Super clusters Initiative. SCALE stands for Supply Chain and Logistics Excellence, and it’s an AI-powered […]
Route Optimization
Travelling Salesman Problem Is Not A Problem, It’s A Herculean Task.
There is one problem that never goes out of fashion even though people in mathematics have tried to optimize solutions for it over decades. Yes, decades! To nobody’s surprise, the Travelling Salesman Problem (read: TSP) remains to be one of the most fascinating and complicated algorithms to innovate upon. The solutions to this problem only have a […]
Route Optimization
How The World’s Best Route Optimization Engine Works
While other traditional ‘track & trace’ solutions tell you ‘where your truck is’, Locus’ route optimization engine goes a step further to answer ‘where your truck should be!’ Consider the following scenario: 10 Shipments, 10 drop-off locations. 1 rider to complete the job in a day. Sounds simple enough problem to solve, isn’t it? Numerous cognitive […]
Route Optimization
The Curious Case of FMCG Sales Beats Optimization
Indian Retail is a Buyer’s game today. In E-Commerce as well as offline modern trade, consumers are truly the king, with every tick of the clock bringing new choices. Hence it has become both, vital and challenging for enterprises to be close to the end consumer. An efficient distribution system, which reduces order to delivery […]
Last Mile Delivery Optimization
Followed by Randomness
Rolling dice has been a divine act since ancient times. For Pre-Christians who lived along the MediterraneanSea, the die was the law of the land. Since then human beings have not shied away from exploiting its power in all spheres of life, be it for recreation, gambling, moving economy, predicting weather, and even developing computationally […]
Blog
Bringing Banking to the Customer’s Doorstep with ‘Locus for BFSI’
Expectations are a moving target, thereby creating the need for institutions to regularly track and understand how they are Performing Against Customer Expectations (PACE). The PACE index for the banking sector does this on an annual basis, in a global study spanning 8,000 customers and 500 small businesses. The 2016 survey revealed that Indian banks were near the bottom of the global […]
Fleet Optimization
Skill Based Routing: The Sorting Hat of Intelligent Logistics
In our previous post, we had introduced the concept of serviceability, its significance and implication for the future of logistics. It would not be telling to say that we have only scratched the surface. Leaving it at that will be like belittling the layers that lie beneath. Let’s dig deeper… Serviceability has an unpredictable complexion to […]
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