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Velant has developed a transportation planning solution that helps companies operate both local and long-haul truck fleets much more efficiently. The Company's Transportation Management Center (TMC) solution, offered as a managed service, uses advanced technology and an automated process to determine the optimum way in which every truck in a fleet should be loaded with products and routed to suppliers, warehouses, distribution centers, customers, or stores. automotive auction
Velant's President and CEO, Dr. Don Ratliff, said, ``Every company that uses trucks in its operations - for pickup and delivery, for moving raw materials, or for transporting goods to warehouses or consumers - probably has significant room for improvement. All of the decisions that go into operating trucks, especially large fleets, are very complex because of the vast number of possibilities for every load and route, as well as the unique and ever-changing sets of constraints faced by each company, every day. In order to process all of this information in an efficient and effective way, advanced technology must be used.''
Ratliff continued, ``Velant has developed a solution that leverages state-of-the-art technology and also provides companies with a streamlined and cost-effective process. automotive auction The result is a new approach to transportation planning that promises to save companies 10 to 30% on transportation costs, while delivering the flexibility and control today's environment demands.''
Velant's TMCs provide value to companies by reducing the large costs of operating trucks, helping businesses improve service, and improving management control over transportation operations. Benefits of Velant's TMC solution include:
Reduction in miles and assets from optimized routes and loads. Velant's TMCs are powered by a next-generation optimization engine that evaluates enormous numbers of potential logistics plans to find the best routes and loads in every case. Velant's technology has the unique ability to simultaneously optimize both routing and loading, allowing it to create far more efficient and operationally effective plans. automotive auction The overall result is a sizable reduction in costs as fewer miles are traveled, truck capacity is maximized, and assets are adjusted for more efficient operations.
Highest level of service for Velant clients and their customers. Velant works with each client in an ongoing partnership. Centralized by design, a TMC brings together the planning functions of even the most disparate supply chain operations. The result is a more coordinated, nimble and efficient transportation operation, which is able to adapt to change and to offer continuously improving service.
Full control over operations and assets. By automating the planning process and streamlining the internal resources required to operate truck fleets, Velant's TMC solution provides management teams with newfound flexibility and control over the transportation segment of their businesses. automotive auction The planning process also becomes much more accountable, as managers' visibility over assets increases significantly. In addition, personnel requirements are greatly reduced as expensive teams of dispatchers, as well as additional planning personnel, are eliminated.
Dr. Ratliff added, ``Trucks are the glue in the supply chain, connecting manufacturers, suppliers, distributors, retailers, and customers. Despite this importance and the complexity of managing truck fleets, transportation planning is one of the few business functions that remains people intensive. Velant's TMC solution now provides companies the technology to automate and optimize key processes such as vehicle routing and scheduling, load planning, and backhaul coordination.''

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