11% Increase in Truck Capacity Utilization by leveraging Advanced Analytics for a leading US-based 3PL provider

About the client

A leading US-based 3PL provider

Problems:

The customer was operating a fleet of trucks from one particular depot dropping off loads to multiple customer locations across various geographical locations over a 7-day window period. This multi-period, multi-stop transportation route had to fulfill several constraints such as DOT regulations, maximum stops, customer due dates, partial orders, loading/unloading time, weekly offs, etc. Challenges included:

• Reducing transportation costs by identifying the shortest paths for their trucks
• Maximizing truck capacity utilization
• Ensuring Customer SLA adherence

Solution:

Innover addressed the customer pain points in just 4 weeks by leveraging its LEAP™ platform:

• Implemented ready-to-use Transport Network Route Optimization algorithms as well as advanced Machine Learning-based techniques such as dynamic programming, and heuristics (large neighborhood search, simulated annealing), and constrained programming (CP)
• The advanced techniques helped in generating insights that resulted in improved order qualification, transport route optimization, smart inventory allocation, and delivery date adjustment