optimization

Optym lands strategic investment from industry backer Venture 53

Optym, a provider of solutions for enhancing efficiency, on Tuesday announced it has secured a strategic investment from Venture 53, an industry fund. This investment will support Optym in further developing optimization tools to address the intricate challenges faced across various modes of transportation. Terms of the investment were not disclosed.

“When choosing a capital partner, it’s important to work with a team who can provide strategic advice with a deep understanding of your industry,”...

https://www.freightwaves.com/news/optym-lands-strategic-investment-from-industry-backer-venture-53

Computational Fluid Dynamics: The New Game-Changing Discipline

In the proper hands, computational fluid dynamics (CFD), which combines science and art, can optimize vessel performance, boost productivity, solve design issues, and much more. We’re commemorating the 25th anniversary of the CFD team at Wärtsilä Propulsion by taking a look back at some little-known CFD history to see how far the field has come. Prepare to learn a thing or two about this discipline that is changing the game while you relax with a piece of cake.

1. Your smartphone has more...

https://mfame.guru/computational-fluid-dynamics-the-new-game-changing-discipline/

Data, optimization key to eco-friendly supply chain, experts say

An aerial view of semi-trucks passing on major roads are moving goods.

Data and optimization can improve efficiencies in supply chains, save shippers money and reduce greenhouse gas emissions, according to logistics experts who shared insights on Friday in honor of National Supply Chain Day.

“In transportation, it’s one of those rare industries where going green and being more sustainable is a one-for-one in cost reduction,” said Caleb Nelson, co-founder and chief growth officer at Sifted. “I don’t think most shippers understand that because the access to that data...

https://www.freightwaves.com/news/data-optimization-key-to-eco-friendly-supply-chain-experts-say

Vendorflow raises $1.3M to improve supply chain communication

On Thursday, SaaS communication solutions startup Vendorflow announced it has raised $1.3 million led by TenOneTen with participation from Amplify.LA. 

Also participating in the round were such industry leaders as project44 CEO Jett McCandless, Flock Freight CEO Oren Zaslansky, Best Bay Logistics President Param Singh and former NEXT Trucking CRO Bobby Napiltonia.

With its accomplished investors, a technology team full of NEXT Trucking alumni and trucking veteran Jacob McLeod on its advisory...

https://www.freightwaves.com/news/vendorflow-raises-13m-to-improve-supply-chain-communication

Locus optimizing field agent deployment with ServiceNow

Automation and supply chain visibility often are focused on the routing of consumer goods as they travel thousands of miles via various modes of transportation.

Locus, a supply chain visibility and routing solution, announced Tuesday it is offering these same services to optimize the deployment of field service agents in its integration with the ServiceNow Field Service Management solution.

While on the surface the two might seem like an unlikely pair, Locus founder and CEO Nishith Rastogi...

https://www.freightwaves.com/news/locus-optimizing-field-agent-deployment-with-servicenow

Kinaxis partners with 4flow to optimize capacity

Kinaxis, a supply chain management software company, has released a new application called RapidResponse that it says will enable Kinaxis’ customers to optimize their current capacity, reducing freight spend and carbon emissions for overall supply chain sustainability.

The new application is the result of a partnership between the company and Berlin-based 4flow, a supply chain company that offers consulting, software and managed services, and provides strategy to clients for creating and...

https://www.freightwaves.com/news/kinaxis-partners-with-4flow-to-optimize-capacity

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