LOGISTICS

Learn How a Fortune 500 Transportation & Logistics Giant Reduced Their Data Costs by $1000,000/year

About the Client

A global Fortune 500 transportation company active in ocean and inland freight transportation and associated services, such as supply chain management and port operations.

The Challenge

With a legacy approach to data collection and use, the client was having difficulty collecting relevant information in real-time to predict vessel ETA (Estimated Time of Arrival). This interfered with their attempts to streamline logistics and freight management, bring down the cost, and enhance processes.

What We Did

  • Data Acquisition
  • Machine Learning
  • Data Analytics
  • Data Architecture
  • Forecasting
  • Data Shaping
  • Data Visualizations
  • Data Acquisition
  • Data Architecture
  • Data Shaping
  • Machine Learning
  • Forecasting
  • Data Visualizations
  • Data Analytics

The Solution

DX Factor’s in-house team of data engineers & scientists built and deployed a dynamic next-gen intelligence platform that synchronizes across all TMS (Transportation Management System) activity and external reporting tools. The objective behind this solution is to make sure relevant data is available to all stakeholders in real-time.

  • Developed an easy-to-use system with a 360-degree view to provide a ringside view of empty returns, vessel schedule, gate hours, and container status information.
  • Eliminated outdated workflows and replaced them with advanced data analytics systems to analyze history, shipment information, and terminal status for seamless, automated, and smarter appointment scheduling.
  • Built intelligent workflows focused on specific business rules. Eliminated ineffective processes and implemented a scalable technology that users can use to configure data-backed workflows and trigger a series of automation with zero human intervention. This has improved productivity, process efficiency and given our client a huge competitive edge.
  • Created a predictive model backed by AI for better decision-making and improved forecasting. Our analytics now makes prediction models for vessel ETA, on-port container arrangement, empty return recommendation, and resource forecasting to help teams derive optimum value from their day-to-day operations.

Results & Outcomes

DXFactor revolutionized the client’s transportation and logistics data strategy by making it more cutting-edge and results-oriented. The client has now tasked us to extend this solution to the rail and road arms of the client.

$100,000

reduction in their data aggregation costs per year.

82%

vessel ETA prediction accuracy with a predictive model built using captured historical data and our proprietary data.

85

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