ChatGPT and other advanced AI tools are looking to find homes in supply chain software and in some cases already have.
Locus is expanding its workforce and solution offerings for Mexico’s booming e-commerce market.
Delivery management platform Locus has added a new option for retailers to better optimize last-mile delivery while optimizing capacity and business needs.
Many retailers and delivery providers choose to develop their own routing and fleet management software, but that can limit their flexibility and add unnecessary cost.
Locus has turned its routing solution into an end-to-end delivery management platform for companies of all sizes.
The sudden shock of the pandemic quickly exposed weak points in supply chains both large and small in nearly every industry. Though facing an enormous challenge, transportation and logistics providers knew that the show must go on as freight demands changed rapidly. FreightWaves, the leading source for navigating the freight markets, partnered with Locus, a […]
“Instead of reinventing the wheel, we partnered with someone who is a leading player in that domain,” says Locus CEO Nishith Rastogi.
Venture capital has found an international star that shines twice as bright as the United States with a business logistics cost of 14% of the country’s GDP.
“Logistics decisions are actually not designed for humans because it involves a lot of confusion. For example, dispatching takes into account a lot of fast-moving variables that take place within a small amount of time, and there is no way a human can do it efficiently.”
Many shippers of fast-moving goods and consumer products saw increased sales during the pandemic, but many still suffer from a lack of supply chain efficiency. Locus has introduced an AI-powered tool, NodelQ, that helps optimize the supply chain.
India spends 14% of its GDP on logistics; the country’s government is actively looking to reduce that amount by introducing key reforms in the sector.
