Success Stories

25% reduction in dead miles through Machine Learning powered Route Planning and Carrier Allocation System for a US-based 3PL

About the client

A full-service 3PL company specializing in transportation of agricultural products across the US

Problems:

Our client wanted to determine the most effective ways of picking up and delivering freight from customers to other customers, while efficiently allocating orders between one-week and two-week rounds/trips. This included:

  • Understanding the load distribution across regions in US and Canada – Demand clustering in freight logistics networks
  • Estimating the revenue, cost, and profitability of lanes/transportation routes by accounting seasonality of demand
  • Leveraging potential economies, optimizing operations, and developing optimal carrier assignment strategies

Solution:

Innover developed a Machine Learning powered efficient route planning and carrier allocation system focused on minimizing costs and augmenting profit for daily/weekly/monthly planning horizons. This included:

  • Combining structured and unstructured customer data from various data sources - Transport Management System (TMS), Financial Systems, Bing maps etc.
  • Pareto and Cluster Analysis to identify most important routes for the client and categorize cities that attract most demand.
  • An intelligent carrier allocation system driven by expected demand, threshold miles, driver availability & work-life balance constraints.

Impact Delivered:

25%

Reduction in dead miles

1.2x

Increase in profitability

12%

Increase in average weekly load delivered

Partners

Partnership with Adobe | Our Partners
Partnership with Argos Labs | Our Partners
Partnership with Arctic Wolf | Our Partners
Partnership with Baxter Planning | Our Partners
Partnership with Blitzz | Our Partners
Partnership with BlueLeap | Our Partners
Partnership with Conversight.ai | Our Partners
Partnership with Field Nation | Our Partners
Partnership with Microsoft | Our Partners
Partnership with Rank | Our Partners
Partnership with RedLambda | Our Partners
Partnership with Vertex | Our Partners

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