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Simultaneous route/load/inventory optimization. Velant's optimization engine
is the first transportation planning technology that simultaneously optimizes
the complex business trade-offs associated with vehicle routes and schedules,
product and asset load configurations, and inventory replenishment decisions.
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resulting in built-in logistics inefficiencies and operational problems.
Centralized planning control. Velant's optimization engine is the first transportation
planning technology explicitly designed for centralized planning and the enterprise-wide
coordination of outbound distribution, inbound logistics, and backhaul fleet
movements. Planning in ``one location, one way'' overcomes the operational complexities
associated with ad hoc PC-based approaches, and greatly improves corporate consistency,
management control and the deployment of best practices to distributed logistics
operations. The Velant architecture is also designed from the ground up to support
Internet and e-Business supply chain logistics applications, private logistics
exchanges, and mobile/pervasive computing environments.
Continuously improving transportation planning.
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designed to immediately adapt and improve in response to business changes, overcoming
the problems associated with disruptive, sporadic, and time-consuming software
re-configurations and upgrades. Velant's optimization architecture seamlessly
closes the loop between offline functions such as transportation analysis, design
and strategy improvements, and online functions such as operations planning
and dispatch.
``Velant's new optimization technology is a truly innovative step forward in
commercial solutions for transportation planning and vehicle routing applications,''
said Dr. Cynthia Barnhart, Co-Director of both the Operations Research Center
and the Center for Transportation Studies at the Massachusetts Institute of
Technology.
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auto parts ``Velant's team, led by CEO Dr. Don Ratliff and CTO Dr. Bill
Nulty, pioneered the transportation planning software industry over the past
20 years, culminating in last decade's widely-acclaimed CAPS Logistics product
suite. The new Velant solution significantly increases the logistics efficiencies
and service benefits achievable through transportation optimization technology.''
The Company's proprietary planning engine powers Velant's Transportation Management
Centers (TMCs), supporting companies in the planning and operation of private,
dedicated, or commercial truck fleets. Velant's TMC solution, offered as a managed
service, represents a new and superior approach to transportation planning,
reducing the costs and eliminating the risks associated with conventional software
systems.
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About Velant(TM)
Velant provides transportation planning solutions to companies utilizing private
and commercial truck fleets in their supply chain operations. Velant's Transportation
Management Center (TMC) solution combines next-generation optimization technology,
a fully automated process, and a team of logistics specialists, to deliver more
effective transportation planning. The company is backed by Waltham, Mass.-based
Matrix Partners, one of the country's leading venture capital firms. For more
information on Atlanta-based Velant
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