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Category: Industry Insights
Supply Chain Optimization
How Artificial Intelligence Can Help In Supply Chain Decision Making
Jul 20, 2018
Artificial Intelligence is the latest buzzword that is making rounds in the logistics sector. AI promises to increase efficiency, cut costs and minimize human dependency at every mile of the supply chain. It also claims to foresee your future orders, predict your consumer behaviour and track every resource available to your company. But how does […]
Route Optimization
Travelling Salesman Problem Is Not A Problem, It’s A Herculean Task.
Apr 22, 2018
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
Jan 29, 2018
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
Nov 15, 2017
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
Nov 2, 2017
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’
Jul 18, 2017
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 […]
Blog
‘One Nation, One Tax’ — A Sector-Wise Impact Breakdown
Jun 29, 2017
The hula-hoop around GST has been spinning for a while now, just enough to make it a strong contender for news of the year. It is finally here, despite protests from various corners of the polygon that is the Indian business sector, from diamond merchants to fabric traders to the film industry. But the train […]
Fleet Optimization
Skill Based Routing: The Sorting Hat of Intelligent Logistics
Jun 20, 2017
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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