Jan de Rijk Implements Transmetrics Asset Positioning Software
The Dutch logistics service provider will use Transmetrics software to optimize its asset strategy and reach higher levels of operational efficiency.
Roosendaal/Sofia, October 11th, 2018 – Transmetrics, the leading provider of AI predictive optimization solutions for the logistics industry, today announces its collaboration with a European logistics service provider, Jan de Rijk. This collaboration follows a series of recent partnerships Transmetrics has forged with NileDutch, DPDgroup, TIP Trailer Services, and other leading European transport providers, further increasing the company’s digital influence in the European logistics industry.
Jan de Rijk, an established innovator in the logistics industry, was the first to give life to the Quintiq real-time planning tool. Now, it’s making headway in the industry again by implementing Transmetrics’ next-generation predictive optimization software. With the Transmetrics AI-powered state-of-the-art Asset Positioning software, Jan de Rijk will be able to reach higher levels of operational efficiency and provide an even more reliable service to its customers.
Transmetrics Asset Positioning thus enables cargo companies to make proactive and data-driven decisions by anticipating upcoming demand, weeks in advance, and creating transparency in their daily operations. The product is packed into a 3-step module, consisting of data cleansing and enrichment, forecasting, and predictive optimization. Data cleansing and enrichment module improves customer historical data. In earlier projects, Transmetrics was able to increase the data quality by around 75 percent during the cleansing and enrichment process. After the improvement, good quality data allows then to produce high accuracy forecasts and reliable, data-driven optimization results.
“By implementing Transmetrics’ product we hope to get a very detailed prediction of the demand for our transport fleet daily 1-2 weeks ahead for 10 major hot-spots in the network. It will allow us to get better adjusted to seasonal changes, reposition our assets to where they are most needed, cut the number of kilometers driven, and maximize the use of drivers’ time. We also hope to be able to know in advance how much extra capacity we need to book through the use of third-party fleets in times of need, in order to meet the peak demand,” said Jan de Rijk Sales and Business Development Executive, Juma Al Maskari.
“For Transmetrics, the project with Jan De Rijk is strategically important as they are willing to invest and explore with us an opportunity of adding more external factors such as flights schedule to our existing forecasting model. Our envisioned goal for the project is to reduce empty repositioning costs between hubs by at least 10 percent,” added Anna Shaposhnikova, Transmetrics Chief Commercial Officer and Co-Founder.
As a state-of-the-art AI platform developed exclusively for the Supply Chain, Transmetrics optimizes transport planning by leveraging the power of predictive analytics and machine learning. Transmetrics combines the strengths of humans with those of AI, ensuring the highest operational benefits, and reducing the environmental impact of logistics.
We’ve developed a unique approach for analyzing, modeling, and predicting transport flows with very high accuracy. Our unrivaled technology requires a rare combination of knowledge in multiple disciplines, something unique to Transmetrics. Our advantage comes from having strong experience in both the technical (Big Data and Predictive Analytics) and domain (Transport and Logistics) areas. Our products have brought significant benefits to the top-tier logistics companies worldwide that have experienced an up to 25% reduction in transport costs while increasing their fleet utilization up to 14% and maintaining high service levels. For more information visit www.transmetrics.ai
About Jan de Rijk:
Jan de Rijk Logistics is a leading European logistics service provider that provides services such as intermodal solutions, international transport, contract logistics, Benelux and retail distribution, container transport, temperature-controlled transport, and event logistics and forwarding.