World Fleet Management Market Report 2016 - New Market Forecasts Lasting Until 2020 - Research and Markets

Research and Markets has announced the addition of the "Fleet Management - World 2016" report to their offering. A complete set of six unique reports - offering in-depth analysis and unique insights into the global fleet management market…

Spotlight

Oculus Transport Ltd

Oculus Transport Ltd. is a general oilfield hauling company that specializes in the logistics and transportation of pipe hauling, pipe storage, nitrogen transport, envirodump, fluid hauling and storage. The focus is not only on providing a service, but to surpass the expectations of our customer’s while resolving the unique environmental challenges that arise in our industry. We take pride in the quality and performance of our equipment as well as the team operating it, because you cannot be successful in one without the other. We believe relationships are a vital component of our success, and ensure that the ones we develop are both genuine and mutually beneficial.

OTHER ARTICLES
Supply Chain

Complexities in Integrating Supply Chain Analytics from Data to Action

Article | August 17, 2023

Data volume in supply chains is usually enormous. Analytics applied to the supply chain help make sense of the pile of information by identifying patterns and drawing conclusions. Contents 1 Importance of B2B Supply Chain Analytics 2 Obstacles in Supply Chain Analytics Integration 2.1 Barriers in Collecting and Processing Data 2.2 Insufficient Technical Skills 2.3 Issues in Managing and Integrating Data 2.4 Inadequate Analytics and Insights Generation 3 Addressing Supply Chain Analytics Complexities for Better Decision-Making 3.1 Leveraging External Expertise 3.2 Enhancing Collaboration and Communication 3.3 Improving Data Quality and Governance 3.4 Developing Analytics Capabilities 4 Power of Successful Supply Chain Analytics Integration in Transforming Businesses 5 Conclusion 1 Importance of B2B Supply Chain Analytics Supply chain analytics has become a pillar of contemporary business strategy, enabling organizations to leverage data insights and enhance vital supply chain processes. By utilizing real-time data analytics, businesses can streamline their supply chain operations, boost productivity, and increase customer satisfaction. With unparalleled visibility into key performance indicators, B2B supply chain analytics provide the opportunity to identify inefficiencies, reduce costs, and react swiftly to ever-changing market dynamics, streamlining the process for supply chain business analysts who manage supply data. Leveraging the power of supply chain analytics tools is important for the success of modern businesses in the age of data-driven decision making. With the ability to optimize inventory levels, manage lead times, and reduce transportation costs, supply chain data analytics provides a competitive advantage that can increase the efficiency, productivity, and profitability of businesses of all sizes and in all industries. 2 Obstacles in Supply Chain Analytics Integration Supply chain analytics integration has become increasingly critical for companies seeking to optimize their supply chain operations. However, several obstacles hindering successful implementation often complicate the integration process; hence, understanding and knowing them in advance is vital for smooth operations. 2.1 Barriers in Collecting and Processing Data Effective data collection and processing are critical in generating accurate insights to drive supply chain analytics decision-making. However, it comes with challenges; the most critical obstacle is data silos, where data is stored in isolated systems or departments, leading to difficulties in accessing and integrating it. It gets more complex when different departments or partners use varied data formats or standards. Additionally, cleaning and processing data is also challenging, as it involves identifying and eliminating duplicates, inconsistencies, and errors that can negatively impact analytics accuracy. 2.2 Insufficient Technical Skills Successful supply chain analytics integration depends heavily on technical skills and knowledge. Insufficient technical talent and expertise are significant barriers to successful integration. The integration process requires specialized technical expertise and the supply of skilled professionals with expertise in ETL, statistical analysis, knowledge of ML, IoT, SQL, and more in managing supply chain analytics Talent lacking technical skills cannot accurately interpret data, leading to ineffective decision-making. Preliminary data analysis, processing, and visualization due to a lack of technical expertise results in suboptimal decision-making, which can be costly for businesses. 2.3 Issues in Managing and Integrating Data Data integration combines data from various sources and formats to create a unified view. However, businesses face data governance, quality, and standardization issues, resulting in incomplete or inconsistent data. Lack of accurate information reduces the efficiency of supply chain analytics and impacts decision-making. Additionally, data management is complex, and business face difficulties creating effective data management processes, resulting in problems related to storing, retrieving, and updating data. 2.4 Inadequate Analytics and Insights Generation Obtaining valuable insights from enormous data collected during the supply chain process requires advanced analytics tools and technologies. Many businesses, however, continue to rely on traditional reporting methods, which limit the range and complexity of insights generated. The lack of expertise in data analysis and visualization can lead to poor interpretation and use of data, resulting in suboptimal decision-making. In addition, businesses experience difficulty identifying relevant data sources or may struggle to establish the necessary data governance frameworks to ensure data quality and accuracy. 3 Addressing Supply Chain Analytics Complexities for Better Decision-Making Supply chain analytics can provide valuable insights, but the complexities involved in analyzing and interpreting data can be a significant hurdle. Learning the strategies for addressing these complexities to improve decision-making in supply chain management has become essential. 3.1 Leveraging External Expertise Leveraging external expertise can be a powerful strategy for addressing supply chain analytics complexities related to collecting and processing supply chain data during integration. External experts bring specialized skills, experience, and knowledge that may not be available in-house, enabling organizations to overcome talent shortages and expand their capabilities. Furthermore, consultants, data scientists, or technology providers provide an objective viewpoint on the organization's data and processes, identifying areas for improvement and optimizing performance. By collaborating with external experts, organizations can access the latest tools, technologies, and best practices, ensuring that their supply chain analytics are up-to-date and relevant. 3.2 Enhancing Collaboration and Communication Enhancing collaboration and communication can effectively address the challenge of insufficient technical skills in thriving supply chain analytics integration. By promoting cooperation and cross-functional communication, organizations can leverage the skills and expertise of team members from various departments to fill gaps in technical knowledge. This approach can also help to break down data silos and improve data sharing and integration. In addition, collaboration and communication can facilitate knowledge transfer, enabling team members to learn from one another and develop a more comprehensive understanding of the supply chain analytics process. Ultimately, this can lead to improved decision-making, as a more skilled and knowledgeable team can generate more accurate and insightful analytics. 3.3 Improving Data Quality and Governance Businesses ensure accuracy, completion, and up-to-date data by establishing standardized processes and protocols for collecting, storing, and analyzing data. Data quality checks, including data cleansing and normalization, can help eliminate errors, redundancies, and inconsistencies that can negatively impact the accuracy and usefulness of analytics. In addition, effective data governance, including establishing data ownership, security, and privacy policies, helps ensure that data is managed and shared appropriately across the organization. As a result, it reduces the risk of data breaches, compliance violations, and other data-related issues, ensuring that organizations have access to reliable data for better decision-making. 3.4 Developing Analytics Capabilities Developing capabilities significantly help organizations overcome inadequate analytics and insights generation challenges in analytics integration. Investing in advanced analytics tools and platforms like technical skills, data infrastructure, and advanced supply chain analytics techniques help businesses generate real-time, accurate, and actionable insights from collected data. Developing analytics capabilities requires creating a culture that values data and analytics, establishing robust data governance frameworks, upskilling the workforce and creating cross-functional teams collaborating on data-related projects. In addition, it helps businesses gain a competitive advantage. 4 Power of Successful Supply Chain Analytics Integration in Transforming Businesses Effective supply chain analytics integration is revolutionizing business operations. Real-time and supply chain predictive analytics have helped businesses gain unmatched transparency in their supply chains, enhance critical processes, improve operational efficiency and customer satisfaction, and experience revenue growth and profitability. The ability to identify inefficiencies and supply chain optimization opportunities enables businesses to effectively allocate resources and reduce expenses. In addition, successful supply chain analytics integration enables businesses to respond quickly to changing market dynamics, optimize inventory management, and strengthen the resilience of their supply chains. Businesses are leveraging the power of big data analytics to disrupt and transform supply chain at all levels. The concept of data, which was once a fundamental component of digital supply chain transformation, is now revolutionary. Therefore, it is essential to achieve advancements in supply chain analytics integration and management. 5 Conclusion With technological and data analytics advancements, businesses can utilize real-time data insights to make data-driven decisions, optimize supply chain processes, and improve customer experiences. Integration of supply chain analytics is crucial for supply chain businesses of all sizes. Utilizing supply chain analytics software can further streamline integration as well as enhance data analytics and supply chain management.

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Warehousing and Distribution

Warehouse layout optimization tips to increase production

Article | June 27, 2023

Labor costs, on an average, constitute more than 65% of the expenses for a warehouse. It is a best practice to review the operation of your warehouse before implementing automation, but it also has a significant impact on production and operational efficiency. The processes in a disarrayed warehouse cannot easily be automated as automation heavily relies on warehouse layout optimization, as well as standardized processes and procedures.

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Warehousing and Distribution

Boosting Efficiency with Carrier Management

Article | June 16, 2023

Carrier management systems have undergone much evolution thanks to the exponential development in shipping and logistics technology. Although its primary mission was to assign, control, and track shippers and carriers, the industry's post-pandemic trends have reflected a variety of new best practices. Traditionally, many carrier management systems were manually operated and made extensive use of paper processes that didn’t provide perks like real-time data, reporting functionalities, or the visibility to make informed decisions. Today’s carrier management systems comprise these features and go even further. They offer tangible improvements and advantages that impact the bottom line. Here are three things you should look for in a carrier management solution to make sure your digital transformation goes as well as possible. Support for a Diverse Range of Carriers To effectively manage your carriers, it’s essential to be able to keep up with technologies used by everything from small to large carriers. The ability to support modern technologies and EDI that are routinely used by larger carriers while also offering online portals and mobile-readiness is integral. A platform that supports a diverse range of carrier sizes helps streamline processes and eliminate friction between operational groups. It also offers all carriers on the system the ability to stay in the loop and access the same data for load and freight boards to keep the freight moving. Performance Mapping Capabilities The ability to track performance and keep an eye on crucial metrics is an important consideration for a carrier management system. Real-time data bolsters carrier relationships and equips you with the ability to control and manage factors like load capacity, location of your fuel and fleet, and intimate teams on issues like inventory, sourcing, forecasting, and dispatching in real-time. Not only does this positively impact shippers, but carriers as well. With an overview into their own performance, carriers are empowered to course-correct and respond to sudden hurdles in time. Shippers must be able to get access to the following metrics in order to have the upper hand in rate negotiations with carriers: On-time performance Data accuracy Compliance Status update timelines Collaboration-Friendly Platforms A flexible solution that allows shippers to work collaboratively ensures strategic flexibility. Monitoring the performance across different modes including truckload, intermodal, and LTL as well as parcel consolidators and shippers. Today, carrier management systems and other digital solutions are able to integrate these modes and offer superior capabilities when it comes to receiving updates from all modes in real-time. When combined with cloud-based solutions, carrier management can take efficiency to a whole new level. To Conclude The success of your supply chain and company depends on your partnerships with your carriers, which can also have a significant impact on your ROI, particularly as the market continues to transform further towards third party partnerships. In order to foster carrier performance, carrier management should be a significant part of your strategy.

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Warehousing and Distribution

Top Certifications for Distribution & Warehousing Logistics Professionals

Article | July 11, 2023

Maintain a competitive advantage by effectively managing supply chain. Discover the potential opportunities and enhance the career in logistics with warehousing and distribution certificates. The rapidly changing and fiercely competitive business landscape necessitates that professionals must go an extra mile to maintain a leading edge and propel their careers forward. Taking the initiative to pursue warehousing and logistics certifications can significantly boost your career. By obtaining a recognized designation, you demonstrate a steadfast dedication to your profession, enhancing your appeal to potential employers. Furthermore, earning a respected certification can open doors to advancement opportunities and increase making potential within your current organization. Moreover, pursuing ongoing education offers rewards, keeping you engaged and ensuring you remain at the forefront of industry developments. 1. Supply Chain Warehousing Certificate Supply Chain Warehousing Certificate is a comprehensive program for individuals seeking expertise in warehousing and logistics. Developed by ASCM and Prologis, it covers essential topics such as inventory management, packaging, shipping, and sustainability in logistics. This self-paced course offers flexibility and can be accessed on mobile devices. Earning one of the exclusive warehousing and distribution certifications demonstrates your knowledge and expertise in managing inventory and helps you stand out in the competitive job market. Employers will recognize your ability to handle shipping processes, improve order fulfilment, and make informed transportation decisions. 2. SAP Extended Warehouse Management Training Enhance your expertise in warehousing management with this top-tier online certification course. Gain in-depth knowledge of extended warehouse management, including warehousing structures, expert data, and warehouse organization. This warehousing and distribution course includes techniques for processing received and shipping goods, slotting, replenishment methods, and physical inventory. Delivered through video and text-based modules, it provides comprehensive warehousing and distribution center operations training. In addition, this course will expand your career opportunities and help you excel in the dynamic field of warehousing management. 3. Storage and Distribution Certification Storage and Distribution Certification is a complete course that addresses the critical need for supply chain safety and integrity in today's complex logistics landscape. This supply chain warehousing certificate is focused on distribution and is designed for warehousing, logistics, and supply chain management professionals. The program covers supply chain visibility, risk management, and optimizing physical-flow networks. There are no specific eligibility criteria for this course, making it accessible to a wide range of individuals seeking to enhance their skills and knowledge. By obtaining this one amongst many warehousing certifications in this course , you'll be equipped with the expertise to mitigate supply chain vulnerabilities, improve operational resilience, and meet the evolving demands of the modern marketplace. 4. Certified International Warehouse and Inventory Manager The Certified International Warehouse & Inventory Manager certification offered by Blue Ocean Academy in Dubai and Abu Dhabi provides professionals with comprehensive training in warehouse management. Blue Ocean Academy, recognized as an industry leader in this field, offers the best warehouse and inventory management training courses. The Warehouse Management Certification Program focuses on the strategic role of warehousing within the broader context of supply chain management and logistics. Participants will gain knowledge and skills in the latest methods for storing and safeguarding high-value inventories and best practices for modern warehousing. The program also covers techniques to achieve accurate record-keeping and successful cycle counting, methods for conducting warehouse audits, and the operational and financial performance aspects of warehousing. 5. Warehouse Excellence Certification (WAREX) Developed by the Institute of Supply Chain Management (IoSCM), Warehouse Excellence Certification (WAREX) helps to elevate your warehousing career. This logistics warehousing and distribution program offers a range of qualifications catering to professionals at various stages of their logistics, warehousing, and distribution journeys. WAREX covers a broad spectrum of skills and knowledge, from entry-level to strategic management positions. Whether you're new to the industry or a seasoned professional, this certification equips you with the expertise to optimize warehouse operations, enhance inventory management, and drive overall supply chain efficiency. 6. Six Sigma Certification in Warehousing: Overview & Career Options Six Sigma Certification in warehousing is a specialized program that equips professionals with the tools and methodologies to optimize warehouse operations, eliminate defects, and achieve near-perfect efficiency levels of 99.997%. By applying Six Sigma processes, businesses can identify and solve warehouse problems, resulting in improved customer satisfaction, increased revenue, reduced errors, efficient inventory management, and enhanced overall profitability. With this warehouse certification program, you'll stand out in the job market with higher employability, salary potential, and opportunities with renowned companies like Amazon, Samsung, Boeing, FedEx, DHL, and UPS. 7. Certified International Warehouse & Inventory Manager This certificate in warehousing management is specifically designed to equip professionals with the necessary skills and knowledge to excel in the dynamic world of warehouse operations. This program covers a wide range of essential topics, from strategic warehouse management to inventory optimization and sustainable practices. Participants will learn about warehouse design, storage techniques, materials handling, inventory control, performance measurement, warehouse management systems, risk management, and sustainability. This warehousing and logistics certification is ideal for warehouse managers, logistics professionals, supply chain executives, and individuals seeking to enhance their expertise in warehouse operations. 8. WHSEOPSCERT - Warehouse Operations Certificate The Warehouse Operations Certificate program offers essential training to develop fundamental warehousing skills and gain certifications in material handling equipment. This program is crafted to enhance participants' employability within the warehousing and distribution industries. It covers various topics, including warehouse operations, supply chain fundamentals, order fulfillment, shipping concepts, and lift truck certification training. The courses provide a comprehensive understanding of warehouse functions, inventory management, storage procedures, supply chain principles, and problem-solving strategies. Upon completion, graduates will be equipped for entry-level positions such as Order Puller, Warehouse Technician, Logistics Analyst, and more. 9. JHSC Certification Part Two - Warehousing & Distribution The JHSC Certification Part Two - Warehousing & Distribution is an essential training program designed to equip participants with the knowledge and skills to recognize and control hazards within their warehousing and distribution workplaces. After completing both Part One and Part Two training, this certification is the final step in becoming a certified member of a Joint Health and Safety Committee (JHSC). Aligned with the Ministry of Labour's JHSC Certification Training Program Standard, this interactive 2-day course strengthens participants' understanding of the RACE process (Recognition, Assessment, Control, and Evaluation) for all workplace hazards. Delivered by experienced health and safety experts familiar with the industry, this training covers sector-specific risks such as MSDs, slips and falls, motor vehicle incidents, unguarded machinery, unsafe material handling, and hazardous chemicals. Completing this certification ensures compliance with legal requirements, empowers individuals to make informed decisions regarding workplace safety, and enhances overall hazard management in the warehousing and distribution sector. 10. Warehouse Distribution, Continuing Education Workforce Certificate Warehouse Distribution Continuing Education Workforce Certificate is a comprehensive training program to equip individuals with the necessary skills for higher-skilled, frontline material handling roles within the supply chain industry. Ideal for individuals seeking employment in various supply chain facilities, such as warehouses, distribution centers, and transporters, this program prepares students for different job positions, including forklift operators, logistics specialists, freight handlers, and customer support representatives. By completing this certificate, learners will not only gain essential knowledge in waste reduction, logistics security, and forklift safety, but they will also have the opportunity to obtain the Certified Logistics Associate (CLA) credential from the Manufacturing Skill Standards Council (MSSC) and other relevant certificates. This certification provides a concrete foundation for entry-level careers in the logistics field and offers individuals a competitive edge in the job market. Conclusion Logistics and supply chain management professionals thrive on the exhilarating pace of constant change. Each day brings fresh challenges, opportunities, and innovative tools that enhance tracking, analysis, forecasting, and more. By actively pursuing a logistics or supply chain certification and diligently fulfilling the required continuing education hours, ensure that you remain at the forefront of these exciting industry advancements. This commitment positions you to leverage the latest insights and technologies, allowing you to optimize and streamline your supply chains for maximum efficiency. As a result, you stay ahead of the curve and empower your organization to achieve peak performance and drive continued success. Embrace the transformative power of certifications and embark on a journey of growth and excellence in logistics and supply chain management.

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Spotlight

Oculus Transport Ltd

Oculus Transport Ltd. is a general oilfield hauling company that specializes in the logistics and transportation of pipe hauling, pipe storage, nitrogen transport, envirodump, fluid hauling and storage. The focus is not only on providing a service, but to surpass the expectations of our customer’s while resolving the unique environmental challenges that arise in our industry. We take pride in the quality and performance of our equipment as well as the team operating it, because you cannot be successful in one without the other. We believe relationships are a vital component of our success, and ensure that the ones we develop are both genuine and mutually beneficial.

Related News

Software and Technology, Sustainability, Supply Chain

GoBolt & Instock Team Up To Power Warehouse Efficiency & Drive Toward Self-Service Automation

PR Newswire | January 09, 2024

GoBolt, a technology company building the world's largest sustainable supply chain network, today announces it has partnered with Instock on a technology-driven warehouse initiative. GoBolt is already at the forefront of innovation in the logistics industry with its sustainable fleet and proprietary technology and now, by working with Instock, the company continues to blaze a trail in terms of advancing and simplifying logistics. Instock and GoBolt, united by their shared commitment to technology-driven efficiency and innovation, are partnering to integrate Instock's Automated Storage and Retrieval Solution (ASRS) into GoBolt's fulfillment centers. This collaboration, launching in January 2024, will enhance logistics operations by automating routine tasks, allowing warehouse associates to focus on more complex responsibilities. "GoBolt is committed to driving innovation in the traditional logistics sector through the development and adoption of groundbreaking technology. That's why our team is thrilled to partner with Instock on this exciting automation project," said Mark Ang, Co-founder and Chief Executive Officer of GoBolt. "In addition to advancing automation and improving efficiency for our brand partners, Instock allows our employees to dedicate their efforts to increasingly complex tasks. This is not only a win for warehouse productivity and safety, but also for employee satisfaction." Founded in 2020, Instock is a team grounded in deep experience in both engineering and operating technology for retailers in the U.S. and abroad. Their desire for more flexible and agile automation led them to embark on a mission to radically improve goods-to-person robotics with a simplified, soup to nuts rebuild. The result is their Robotics-as-a-Service (RaaS) offering, which delivers high-density goods-to-person automation with a flexible range of throughput rates. "We're inspired by what GoBolt is achieving for brands and retailers," said Yegor Anchyshkin, Instock's Co-founder and Chief Executive Officer. "Just as impressively, the company is eager to explore and embrace new technologies, like automation, instead of waiting in the wings. When it comes to partnerships, ours with GoBolt is as natural and synergistic as it gets." Through this partnership, the two dynamic companies will redefine storage density and volume throughput boundaries within defined footprints, and lay the groundwork toward self-service in warehouse automation.

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Transportation

Descartes' Route Optimization Solution Enhances Topps Tiles' Fleet Delivery

Descartes | January 24, 2023

On January 23, 2023, Descartes Systems Group, which provides solutions for logistics-intensive businesses, announced that Topps Tiles, a UK-based tile retailer, is using Descartes' cloud-based route optimization and planning solution to boost fleet delivery capabilities. Topps Tiles is reducing the average kilometers driven per delivery route by 2% through its collaboration with Descartes. The solution also helps Topps Tiles identify the potential impact of delivery strategy changes. Descartes' route planning and optimization solution is an aspect of its Routing, Mobile, and Telematics suite. It assists in lowering costs with more efficient and agile routing, enhancing fleet resource management by generating increased delivery capacity, and growing sustainability by reducing their CO2 footprint and paper use across the route network. Companies can use strategic route modeling to understand and refine their customer service and delivery strategies before implementing them. Descartes' mobile application aids drivers in completing their daily routes, keeps managers informed of progress, and provides an accurate estimated time of arrival (ETA) to alert customers of their deliveries. In addition, real-time mobile communication allows proof of delivery (POD) functionality support that facilitates excellent customer service and order accuracy. Pól Sweeney, VP of Fleet Sales in Europe at Descartes, said, "Topps Tiles' long-term success is based upon its ability to continually provide customers with a superior shopping experience while offering cost competitive pricing." He added, "We're delighted to help Topps Tiles minimize its operational costs today through our route planning and optimisation solution and in the future with our strategic route modelling capabilities." (Source – GlobeNewswire) About Descartes Systems Group Based in Waterloo (Ontario), Descartes offers software-as-a-service solutions that improve the productivity, security, and performance of logistics-intensive businesses. Customers work with one of the world's largest, collaborative multimodal logistics community to carry out various tasks, including routing, scheduling, tracking, and measuring delivery resources; planning, allocating, and executing shipments; rating, auditing, and paying transportation invoices; and completing many other logistics processes. As a result, the company helps safely and securely get assets, information, inventory, and people where and when needed.

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Software and Technology

Gatik and Cummins Integrate Gatik’s Autonomous Driving Technology with Cummins’ Advanced Powertrain in Next-Generation Autonomous Fleet

Gatik and Cummins | August 25, 2022

Gatik announced that it will collaborate with Cummins Inc. to facilitate the integration of Gatik's autonomous driving system with Cummins’ advanced powertrain solution in Gatik’s fleet of medium-duty trucks. Cummins delivers powertrain solutions that provide leading performance and fuel economy through the integration of hardware and software. Gatik is the market leader in autonomous middle mile logistics, and in 2021 launched the world’s first fully driverless commercial delivery service with Walmart.Under the collaboration, Cummins will utilize its suite of advanced software features to integrate its powertrain solution to enable Drive-by-wire (DbW) for Gatik’s industry-first medium-duty (class 6) Isuzu FTR fleet with the Cummins B6.7 engine. The integration of Gatik’s commercial-grade autonomous technology with Cummins’ powertrain increases functional safety and enhances reliability of the autonomous system, while improving fuel efficiency and offering superior vehicle performance on Gatik’s short-haul, B2B delivery routes. Cummins will work closely with Gatik’s engineering team to provide additional technical expertise. As we commercialize our product offerings at scale across North America, ensuring that we integrate our technology with the world’s leading Tier 1 companies is critical to meeting intensifying demand for our solution safely and quickly,” said Arjun Narang, CTO and co-founder, Gatik. “Cummins’ technological leadership in developing the world’s leading powertrains for over 100 years, and deep commitment to developing customer-centric solutions for the future of logistics mean the tangible benefits of our work together will be felt immediately across our customer base. “Cummins is excited to integrate its powertrain solution with Gatik’s automated driving system,Cummins powers nearly every type of application globally, so integrating our powertrain with automated driving systems like Gatik’s will allow our customers to choose the newest technologies to meet their needs.” -Michael Taylor, General Manager Global Powertrain Integration, Cummins Inc. This announcement comes on the heels of rapid commercial and technical progress at Gatik. Gatik has one of the largest commercially deployed autonomous fleets in North America, operating for Fortune 500 customers across multiple markets including Texas, Arkansas, Louisiana and Ontario, Canada. In the past 12 months, Gatik announced its industry-first partnership with Isuzu to implement OEM-grade redundancies for medium-duty trucks, collaboration with Goodyear to equip its fleet with tire intelligence technology to improve stopping distances and monitor tire pressure in real time for enhanced safety, and a strategic partnership with Ryder to leverage Ryder’s national leasing, servicing and fleet maintenance expertise. Gatik’s collaboration with Cummins represents a key component of Gatik’s platform-agnostic commercialization strategy, enabling Gatik to seamlessly integrate its autonomous driving system with multiple OEMs, and across a range of vehicle platforms powered by Cummins, further refining a safe, unique, and efficient autonomous solution for the commercial middle mile market. About Gatik Gatik, the leader in autonomous middle mile logistics, delivers goods safely and efficiently using its fleet of light and medium duty trucks. The company focuses on short-haul, B2B logistics for Fortune 500 retailers such as Walmart, Loblaw, KBX and Georgia-Pacific, and in 2021 became the first company worldwide to operate fully driverless commercial deliveries on the middle mile. Gatik’s Class 3-6 autonomous box trucks are commercially deployed in multiple markets including Ontario, Texas, Arkansas, and Louisiana. Gatik is backed by Koch Disruptive Technologies, Wittington Ventures, Innovation Endeavors and others, and partners with industry leaders including Ryder, Goodyear, Isuzu and Cummins. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Toronto, Ontario and Mountain View, California. In 2022, Gatik was named to Forbes’ list of America’s Best Startup Employers and by Fast Company as a World Changing Idea. In 2021, Gatik was recognized on the Forbes AI 50 list and as a World Economic Forum Technology Pioneer.

Read More

Software and Technology, Sustainability, Supply Chain

GoBolt & Instock Team Up To Power Warehouse Efficiency & Drive Toward Self-Service Automation

PR Newswire | January 09, 2024

GoBolt, a technology company building the world's largest sustainable supply chain network, today announces it has partnered with Instock on a technology-driven warehouse initiative. GoBolt is already at the forefront of innovation in the logistics industry with its sustainable fleet and proprietary technology and now, by working with Instock, the company continues to blaze a trail in terms of advancing and simplifying logistics. Instock and GoBolt, united by their shared commitment to technology-driven efficiency and innovation, are partnering to integrate Instock's Automated Storage and Retrieval Solution (ASRS) into GoBolt's fulfillment centers. This collaboration, launching in January 2024, will enhance logistics operations by automating routine tasks, allowing warehouse associates to focus on more complex responsibilities. "GoBolt is committed to driving innovation in the traditional logistics sector through the development and adoption of groundbreaking technology. That's why our team is thrilled to partner with Instock on this exciting automation project," said Mark Ang, Co-founder and Chief Executive Officer of GoBolt. "In addition to advancing automation and improving efficiency for our brand partners, Instock allows our employees to dedicate their efforts to increasingly complex tasks. This is not only a win for warehouse productivity and safety, but also for employee satisfaction." Founded in 2020, Instock is a team grounded in deep experience in both engineering and operating technology for retailers in the U.S. and abroad. Their desire for more flexible and agile automation led them to embark on a mission to radically improve goods-to-person robotics with a simplified, soup to nuts rebuild. The result is their Robotics-as-a-Service (RaaS) offering, which delivers high-density goods-to-person automation with a flexible range of throughput rates. "We're inspired by what GoBolt is achieving for brands and retailers," said Yegor Anchyshkin, Instock's Co-founder and Chief Executive Officer. "Just as impressively, the company is eager to explore and embrace new technologies, like automation, instead of waiting in the wings. When it comes to partnerships, ours with GoBolt is as natural and synergistic as it gets." Through this partnership, the two dynamic companies will redefine storage density and volume throughput boundaries within defined footprints, and lay the groundwork toward self-service in warehouse automation.

Read More

Transportation

Descartes' Route Optimization Solution Enhances Topps Tiles' Fleet Delivery

Descartes | January 24, 2023

On January 23, 2023, Descartes Systems Group, which provides solutions for logistics-intensive businesses, announced that Topps Tiles, a UK-based tile retailer, is using Descartes' cloud-based route optimization and planning solution to boost fleet delivery capabilities. Topps Tiles is reducing the average kilometers driven per delivery route by 2% through its collaboration with Descartes. The solution also helps Topps Tiles identify the potential impact of delivery strategy changes. Descartes' route planning and optimization solution is an aspect of its Routing, Mobile, and Telematics suite. It assists in lowering costs with more efficient and agile routing, enhancing fleet resource management by generating increased delivery capacity, and growing sustainability by reducing their CO2 footprint and paper use across the route network. Companies can use strategic route modeling to understand and refine their customer service and delivery strategies before implementing them. Descartes' mobile application aids drivers in completing their daily routes, keeps managers informed of progress, and provides an accurate estimated time of arrival (ETA) to alert customers of their deliveries. In addition, real-time mobile communication allows proof of delivery (POD) functionality support that facilitates excellent customer service and order accuracy. Pól Sweeney, VP of Fleet Sales in Europe at Descartes, said, "Topps Tiles' long-term success is based upon its ability to continually provide customers with a superior shopping experience while offering cost competitive pricing." He added, "We're delighted to help Topps Tiles minimize its operational costs today through our route planning and optimisation solution and in the future with our strategic route modelling capabilities." (Source – GlobeNewswire) About Descartes Systems Group Based in Waterloo (Ontario), Descartes offers software-as-a-service solutions that improve the productivity, security, and performance of logistics-intensive businesses. Customers work with one of the world's largest, collaborative multimodal logistics community to carry out various tasks, including routing, scheduling, tracking, and measuring delivery resources; planning, allocating, and executing shipments; rating, auditing, and paying transportation invoices; and completing many other logistics processes. As a result, the company helps safely and securely get assets, information, inventory, and people where and when needed.

Read More

Software and Technology

Gatik and Cummins Integrate Gatik’s Autonomous Driving Technology with Cummins’ Advanced Powertrain in Next-Generation Autonomous Fleet

Gatik and Cummins | August 25, 2022

Gatik announced that it will collaborate with Cummins Inc. to facilitate the integration of Gatik's autonomous driving system with Cummins’ advanced powertrain solution in Gatik’s fleet of medium-duty trucks. Cummins delivers powertrain solutions that provide leading performance and fuel economy through the integration of hardware and software. Gatik is the market leader in autonomous middle mile logistics, and in 2021 launched the world’s first fully driverless commercial delivery service with Walmart.Under the collaboration, Cummins will utilize its suite of advanced software features to integrate its powertrain solution to enable Drive-by-wire (DbW) for Gatik’s industry-first medium-duty (class 6) Isuzu FTR fleet with the Cummins B6.7 engine. The integration of Gatik’s commercial-grade autonomous technology with Cummins’ powertrain increases functional safety and enhances reliability of the autonomous system, while improving fuel efficiency and offering superior vehicle performance on Gatik’s short-haul, B2B delivery routes. Cummins will work closely with Gatik’s engineering team to provide additional technical expertise. As we commercialize our product offerings at scale across North America, ensuring that we integrate our technology with the world’s leading Tier 1 companies is critical to meeting intensifying demand for our solution safely and quickly,” said Arjun Narang, CTO and co-founder, Gatik. “Cummins’ technological leadership in developing the world’s leading powertrains for over 100 years, and deep commitment to developing customer-centric solutions for the future of logistics mean the tangible benefits of our work together will be felt immediately across our customer base. “Cummins is excited to integrate its powertrain solution with Gatik’s automated driving system,Cummins powers nearly every type of application globally, so integrating our powertrain with automated driving systems like Gatik’s will allow our customers to choose the newest technologies to meet their needs.” -Michael Taylor, General Manager Global Powertrain Integration, Cummins Inc. This announcement comes on the heels of rapid commercial and technical progress at Gatik. Gatik has one of the largest commercially deployed autonomous fleets in North America, operating for Fortune 500 customers across multiple markets including Texas, Arkansas, Louisiana and Ontario, Canada. In the past 12 months, Gatik announced its industry-first partnership with Isuzu to implement OEM-grade redundancies for medium-duty trucks, collaboration with Goodyear to equip its fleet with tire intelligence technology to improve stopping distances and monitor tire pressure in real time for enhanced safety, and a strategic partnership with Ryder to leverage Ryder’s national leasing, servicing and fleet maintenance expertise. Gatik’s collaboration with Cummins represents a key component of Gatik’s platform-agnostic commercialization strategy, enabling Gatik to seamlessly integrate its autonomous driving system with multiple OEMs, and across a range of vehicle platforms powered by Cummins, further refining a safe, unique, and efficient autonomous solution for the commercial middle mile market. About Gatik Gatik, the leader in autonomous middle mile logistics, delivers goods safely and efficiently using its fleet of light and medium duty trucks. The company focuses on short-haul, B2B logistics for Fortune 500 retailers such as Walmart, Loblaw, KBX and Georgia-Pacific, and in 2021 became the first company worldwide to operate fully driverless commercial deliveries on the middle mile. Gatik’s Class 3-6 autonomous box trucks are commercially deployed in multiple markets including Ontario, Texas, Arkansas, and Louisiana. Gatik is backed by Koch Disruptive Technologies, Wittington Ventures, Innovation Endeavors and others, and partners with industry leaders including Ryder, Goodyear, Isuzu and Cummins. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Toronto, Ontario and Mountain View, California. In 2022, Gatik was named to Forbes’ list of America’s Best Startup Employers and by Fast Company as a World Changing Idea. In 2021, Gatik was recognized on the Forbes AI 50 list and as a World Economic Forum Technology Pioneer.

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