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Category: Route Optimization
Route Optimization
Travelling Salesman Problem Is Not A Problem, It’s A Herculean Task.
Apr 22, 2018
There is one problem that never goes out of fashion even though people in mathematics have tried to optimize solutions for it over decades. Yes, decades! To nobody’s surprise, the Travelling Salesman Problem (read: TSP) remains to be one of the most fascinating and complicated algorithms to innovate upon. The solutions to this problem only have a […]
Route Optimization
How The World’s Best Route Optimization Engine Works
Jan 29, 2018
Key Takeaways While other traditional ‘track & trace’ solutions tell you ‘where your truck is’, Locus’ route optimization engine goes a step further to answer ‘where your truck should be!’ Consider the following scenario: 10 Shipments, 10 drop-off locations. 1 rider to complete the job in a day. Sounds simple enough problem to solve, isn’t […]
Last Mile Delivery Optimization
Followed by Randomness
Nov 2, 2017
Key Takeaways Rolling dice has been a divine act since ancient times. For Pre-Christians who lived along the MediterraneanSea, the die was the law of the land. Since then human beings have not shied away from exploiting its power in all spheres of life, be it for recreation, gambling, moving economy, predicting weather, and even […]
Blog
Bringing Banking to the Customer’s Doorstep with ‘Locus for BFSI’
Jul 18, 2017
Key Takeaways Expectations are a moving target, thereby creating the need for institutions to regularly track and understand how they are Performing Against Customer Expectations (PACE). The PACE index for the banking sector does this on an annual basis, in a global study spanning 8,000 customers and 500 small businesses. The 2016 survey revealed that Indian banks were near the bottom of […]
Fleet Optimization
Skill Based Routing: The Sorting Hat of Intelligent Logistics
Jun 20, 2017
Key Takeaways In our previous post, we had introduced the concept of serviceability, its significance and implication for the future of logistics. It would not be telling to say that we have only scratched the surface. Leaving it at that will be like belittling the layers that lie beneath. Let’s dig deeper… Serviceability has an unpredictable […]
Dispatch Management
How Intelligent Retail Logistics Management Works – White Glove Furniture Delivery Company Success Story
Feb 12, 2017
Key Takeaways The last few years have been pivotal for startups all over the world. New ideas crop up everyday with the goal to simplify things across all sorts of industries. Quite often, these ideas and businesses are life changing and one of the defining factors of their financial success is the mastery of the logistics […]
Route Optimization
Geocoding: Necessary information is sufficient information
Jan 19, 2017
Key Takeaways Introduction The fundamental purpose of any language is to convey information, whether it is natural languages or programming languages. However, natural languages have evolved over thousands of years to tolerate a very high degree of ambiguity. For example, if you love the food in a restaurant, you can tell your friends later that […]
Route Optimization
How good is your Geocoder?
Sep 12, 2016
Key Takeaways What is the purpose of geocoding? Geocoding is a very important piece of the intricate logistics puzzle that Locus is solving for its clients. This merits a constant evaluation of its performance over different regions of the world. However, getting a sense of how good a geocoder is performing requires a very nuanced selection of […]
Insights Worth Your Time
