New Service to Optimize Transportation and Distribution Networks
Transplace, a leading provider of transportation management services and logistics technology has announced the release of Optimize Prime – a comprehensive platform that designs, analyzes and optimizes transportation distribution networks in order to eliminate waste and reduce transportation costs.
Optimize Prime works seamlessly with the third party logistics (3PL) provider’s award-winning Transportation Management System (TMS) to optimize mode selection, load consolidation, optimal carrier assignment, continuous moves matching and shipment routing.
Noted Vince Biddlecombe, executive vice president & chief technology officer, Transplace. “The dynamic system is a library of optimization routines with unique parameters that can be tailored for each customer in order to build ‘friendly’ routes, increase load ratio and asset utilization and drive waste out of the system.”
The system displays a graphical interface mapping product transportation flows and locations based on geographical attributes, and applies mode selection optimization to both operational settings and strategic decision analysis settings.
For added flexibility, the system inputs strategic business rules for the most complex networks, including cost, service level, product type, packaging and appointment windows.
This enhanced version replaces Transplace’s Scenario Pro Technology (SPT) system.
Category: Featured, General Update