Tag: supply chain management

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Streamlining Operations with an Ideal Enterprise TMS Platform: Why Zuum App Stands Out as the Perfect Fit

The best enterprise TMS  platform is designed to seamlessly adapt and connect with partners, ensuring uninterrupted operations without needing replacements. In times of economic uncertainty, making wise choices and optimizing spending becomes crucial.

As an enterprise supply chain manager, you are faced with critical decisions to enhance your operations. Consider the following options:

1. Endless Building and Maintenance: Building a custom platform may appear attractive but comes with perpetual costs, including ongoing bug fixes and maintenance.

2. Outdated Legacy Systems: Purchasing outdated legacy systems may offer temporary solutions, but they often need more agility to keep pace with evolving industry needs.

3. Patchwork of Off-the-Shelf Products: Opting for multiple off-the-shelf products and attempting to piece them together may seem tempting, but it can result in complexities and limit your competitiveness against industry peers.

4. Zuum App: Choose Zuum App, the leading enterprise platform, and harness its unrivaled capabilities. With Zuum App TMS, you can incorporate your unique secret sauce over time, eliminating the need to search for alternative systems. Experience a swift launch, embrace cutting-edge technology, and mitigate risks at a fair price.

What Sets Zuum App TMS Apart

The Zuum App TMS platform stands out as a game-changer in enterprise logistics. Designed to empower all stakeholders, Zuum App TMS offers a best-in-class logistics super-platform that revolutionizes supply chain management. Let’s delve into the key features and benefits of this exceptional platform.

Modular Structure:

At the core of Zuum App TMS lies its modular design. This enables businesses to tailor their logistics operations based on their unique requirements. With the flexibility to select and customize modules, enterprises can build a solution that perfectly aligns with their needs, enhancing efficiency and driving growth.

Shipper and Carrier Portals:

Zuum App TMS comes equipped with dedicated portals for both shippers and carriers. These portals facilitate seamless collaboration, allowing for streamlined communication, real-time updates, and efficient coordination between all parties involved.

Universal Integrations:

Recognizing the importance of data integration, Zuum App TMS provides universal integrations to every data type. This means that Zuum App TMS effortlessly connects and harmonizes data from various sources regardless of the systems or technologies. This integrated approach empowers enterprises to make data-driven decisions, optimize processes, and unlock valuable insights.

Partner App Store:

Zuum App TMS goes beyond just being a platform; it aims to bring the entire industry together. The Partner App Store is a collaborative marketplace, enabling seamless access to third-party integrations and services. This ecosystem fosters innovation, promotes industry-wide cooperation, and expands the possibilities for growth and optimization.

Comprehensive Training Program:

To ensure that users can maximize the potential of Zuum App TMS, it offers the best free unlimited training program. This initiative reflects Zuum’s commitment to empowering its users with the knowledge and skills to leverage the platform effectively. Zuum App TMS equips enterprises with the expertise required to thrive in the logistics landscape by providing comprehensive training resources.

User-Friendly Interface:

Zuum App TMS prioritizes simplicity and ease of use. Its user interface is thoughtfully designed, offering users a seamless and intuitive experience. With its straightforward navigation and user-friendly features, Zuum App TMS empowers users to adapt to the platform quickly, reducing learning curves and enhancing productivity.

Swift Time to Launch:

Zuum App TMS recognizes the shortest time to launch in the industry, allowing enterprises to establish operations and reap benefits without unnecessary delays. Zuum App TMS accelerates the transition to enhanced logistics management, delivering immediate business value.

In the realm of AI-driven insights, data aggregation plays a pivotal role. To unlock the true potential of artificial intelligence, we need a centralized hub to bring together disparate systems. That hub is none other than Zuum.

By utilizing a standard tool and speaking the same language, we pave the way for meaningful aggregation of siloed data. This convergence enables us to extract valuable insights, optimize processes, and make data-driven decisions that propel businesses forward.

At Zuum, we believe in transparency, integrity, and honesty. We understand that more than simply claiming to be the best in class is required. The actual value is demonstrated through actions, not empty promises. That’s why we choose to share our technology with all players in the industry.

Our secret sauce lies in our core tech stack, encompassing the finest network-enabled TMS technology. This robust solution is designed to be quickly adopted, rapidly deployed, and seamlessly integrated into any manual or automatic third-party tech. With our branded technology, enterprises can enjoy a unified experience across their entire ecosystem.

Now, more than ever, it is crucial for shippers, carriers, and brokers to collaborate toward defragmentation and optimize empty miles. Through Zuum’s AI-driven hub, these industry players can come together and leverage the power of an actual network. Businesses can elevate their operations and gain a competitive edge by connecting with the actual network or networks.

In the dynamic world of logistics, time is of the essence. The sooner we embrace the possibilities offered by Zuum’s AI-driven hub, the faster we can unlock new efficiencies,    drive growth, and maximize our potential.

Join us on this transformative journey, where data aggregation and collaboration lead to enhanced performance and sustainable success. 

Together, let’s seize the moment and make every second count.

Categories
Blog Supply Chain Expertise

Top 3 Ways Artificial Intelligence Will Revolutionize Logistics & Transportation

ai in logistics industry with port in the background

A few decades ago, artificial intelligence still seemed like a pipe dream – a far out technology that we wrote into our movies and television shows, not something that we could yet interact with on a daily basis. Now, technology has made leaps and bounds in our attempts to streamline as many processes as possible. For those who work in trucking and logistics, efficiency is key to determining profit and positive feedback.

According to The Economist, “McKinsey estimates that firms will derive between $1.3trn and $2trn a year in economic value from using AI in supply chains and manufacturing.” And going to the source itself, McKinsey claims that, “63 percent of respondents report revenue increases from AI adoption in the business units where their companies use AI,” indicating that there is significant potential for artificial intelligence in supply chain management. Below are three main ways AI is expected to change the industry: 

1. Demand Prediction

In an ever-changing market with high competitiveness, many businesses cannot afford to overestimate the amount of product it will need to carry in order to make a profit. Overestimating means that the company will lose time, money, and resources on the leftover product. On the other hand, lowballing your product amount might mean that you lose out on potential customers and income. What can you do? Recent studies by Deloitte indicate that AI has an ability to predict these product demands better than humans. With an unfair advantage, artificial intelligence can analyze and connect every piece of information and spit out probabilities in a much faster, cost effective way. In addition, AI can help predict individual customer needs by analyzing what products have been of use to them, and what products or services will continue to best serve them. Happy customers make return customers, and an industry running on happy, efficient transactions is an industry that is thriving.

2. Back Office Operations

In many companies, there are office tasks that seem repetitive and monotonous. For logistics companies, this reality is made even more daunting by the sheer amount of information and clerical responsibilities that workers must face. By combining AI with RPA (Robotic Process Automation), a different technology is created, called cognitive automation. Cognitive automation is able to analyze and optimize areas of logistics such as transport capacity, real-time decisions, and end-to-end supply chain. Having AI take over daily operations that clog the pipes, so to speak, helps improve the quality of your employee’s work, while lowering costs and errors.

3. Warehouse Automation

Using artificial intelligence to automate warehouse operations has the advantage of increasing revenue while lowering transportation costs that would otherwise be incurred. With the help of AI to predict demand for a product, companies can send products to regional warehouses ahead of time and cut back on costs by having more time to schedule routes and other arrangements. Warehouse automation also brings the addition of computer vision, which can pinpoint and organize inventory, quickly and accurately. It can even communicate with nearby warehouses to help determine which location would be most efficient for the product to be shipped from.

What do you think? Is AI the future, or are there better ways to increase efficiency in transportation? Did we miss anything? Let us know by reaching out to us at marketing@zuumapp.com.

Related sources:

https://towardsdatascience.com/how-ai-changes-the-logistic-industry-3d55401778d

https://www.economist.com/special-report/2018/03/28/how-ai-is-spreading-throughout-the-supply-chain?FEATURE_ARTICLES_V1=0

https://www.zdnet.com/article/artificial-intelligence-works-its-way-into-supply-chains/

https://www.mckinsey.com/featured-insights/artificial-intelligence/global-ai-survey-ai-proves-its-worth-but-few-scale-impact

https://www2.deloitte.com/us/en/insights/deloitte-review/issue-19/art-of-forecasting-human-in-the-loop-machine-learning.html

https://www.sdcexec.com/transportation/blog/21070203/why-ai-and-cognitive-automation-are-the-next-frontier-in-transportation-and-logistics

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Blog Broker News Logistics News

How $12.58 Million in Seed Funding Accelerates Digital Transformation in a $1.6 Trillion Industry During a Global Pandemic

logistics technology with interconnected freeways in the back

NEWSWIRE PRESS RELEASE  UPDATED: OCT 13, 2020 09:00 PDT

The challenge COVID-19 is posing to global supply chains is unprecedented, drastically impacting demand, supply, manufacturing and transportation simultaneously. These sudden changes and resulting daily freight cost fluctuations force companies to evolve. Can new logistics technology, like ZUUM’s Logistics Super Platform, funded through venture investments, help businesses survive? Will the pandemic usher in the next efficiency revolution in logistics? ​

“COVID-19 has interrupted global supply chains, leaving businesses scrambling for new ways to keep operations running. During this unprecedented crisis, finding innovative ways to help communities and businesses is more important than ever. Our recent funding is enabling ZUUM to focus on bringing new, more efficient real-time solutions to the logistics and transportation industry,” says ZUUM Transportation COO and co-founder Matt Tabatabai.

Transportation and logistics perform some of the most vital services in the industrial world. Logistics account for approximately 8% of all economic activity in the USA, or $1.652 trillion in expenditures last year alone, according to the CSCMP (Council of Supply Chain Management Professionals) 2020 report. 

ZUUM Transportation recently completed a second round of seed funding at $8.58 million for a total raise of $12.58 million to date. The seed funding accelerates technology innovation in logistics, launching the first Logistics Super Platform (LSP). ZUUM’s LSP connects a transportation management system for shippers, a digital freight broker software, a carrier TMS, and mobile driver application with a digital freight marketplace. ZUUM provides critically needed efficiency, real-time visibility, and higher productivity to help transportation businesses survive during COVID-19 and cope with the highest freight cost fluctuations in recent history.

“We have been working with the ZUUM team to help us digitize certain aspects of our brokerage. They have been great to work with and brought immediate value and quick deployment. These guys are the real deal,” says Dan Curtis, president of BNSF Logistics.

Venture Funding Accelerates the Digital Transformation in Logistics

“We are humbled and inspired by the investors who share our vision and believe in our mission, including Estes Express Lines, BNSF Logistics, Plug and Play Ventures, Logifruit of Spain, Estes Forwarding, SAIC Ventures, and Holman Growth Ventures,” states Mustafa Azizi, CEO of ZUUM Transportation, Inc.

Transportation in the U.S. is highly fragmented, requiring the coordination of  3.5 million commercial drivers, 565,000 manufacturing businesses, 700,000 carriers, and 17,000 freight brokers. COVID-19 has amplified this fragmentation which calls for closer collaboration among all participants.

To optimize complex supply chains and to react to the challenges of this pandemic, manufacturers have been looking for new technology solutions. Many of the current logistics software companies emerged during the great recession more than 10 years ago. Since then, digital technology has evolved even further, but supply chains are still not fully integrated and digitally connected, as businesses continue to use legacy software.

A few companies are attempting to disrupt traditional freight logistics by building digital marketplaces to aggregate capacity. They rely on eliminating freight brokers to reduce cost. However, broker expertise remains essential to reacting to daily capacity and cost changes. In contrast, ZUUM is creating value by connecting all participants and creating efficiency through automation, workflow integration and transparent information flow – not just capacity aggregation. Their business model is based on partnering with shippers, brokers, carriers, and drivers and bringing their knowledge, expertise, and capacity onto one universal platform. 

Digital Integration Creates Efficiency and Drives Defragmentation

Since its founding in 2016, ZUUM has grown to deliver thousands of freight-loads per month for more than 235 shippers, including several Fortune 500 companies. Freight is booked on an integrated logistics platform, matching shippers with vetted carriers. Automated bidding & dispatch, dynamic pricing, track & trace, workflow automation, document management, accounting, and predictive reports & analytics help maximize productivity. Universal connection through EDI and API connects both legacy and recent systems, including ERP, TMS, accounting, warehousing and other existing software. ZUUM offers the most comprehensive solution in the market to date and the first digital broker-in-the-box software. 

“We invested into ZUUM because of the agile, comprehensive technology suite they have developed. We anticipate strong demand from shippers, brokers, and carriers worldwide. ZUUM leadership has deep industry knowledge and a true partnership mindset. We look forward to expanding our cooperation,” says Pat Martin, VP Corporate Sales & Strategic Planning, Estes Express Lines (largest, privately owned freight shipping company in North America).

Solving Unprecedented Market Uncertainty and Freight Rate Fluctuations

With ongoing uncertainties in supply and demand due to COVID-19, freight rates have been fluctuating and finding capacity has become even more challenging.

ZUUM’s Logistics Super Platform is fully integrated and digitally connected, providing real-time capacity and freight visibility. Instant dynamic price quotes and automated notifications to all parties make ZUUM’s Digital Freight Marketplace the solution built for these volatile environments. Automated load matching, instant smart pricing, and tender acceptance enable fast response to freight price changes. Meeting demand efficiently and managing the transportation of goods and products from point of origin to point of consumption required a more seamless coordination of resources and businesses. ZUUM enables the efficient flow of information by connecting all logistics parties, ultimately establishing the synergy needed to drive the industry forward. ZUUM has grown rapidly since its inception and is projected to exceed a 300% growth rate in 2020. 

About ZUUM Transportation Inc.

ZUUM Transportation, Inc. is a rapidly growing tech startup transforming the logistics industry. Their vision is to optimize logistics and streamline supply chains globally with one efficient, automated, and easy-to-use super platform. Centralized information flow provides actionable intelligence, capacity aggregation provides instant access to vetted carriers, and back-office automation reduces errors and maximizes productivity. ZUUM combines a digital freight marketplace with a shipper TMS, broker SaaS, carrier TMS, and mobile driver app.

ZUUM – AUTOMATE YOUR FREIGHT™