Locus latest blogs
Blog
On-Time and In-Full Delivery: Why Balancing Both is Important for You
Key Takeaways On-Time and In-Full Deliveries are the benchmarks of an optimal supply chain. With logistics costs rising, increasing Full Truck Loads (trucks which are almost completely filled) has always been an area of emphasis for logistics managers, often to the point of compromising on the other half?—?On-Time. Being there on-time is as important as […]
Route Optimization
Travelling Salesman Problem Is Not A Problem, It’s A Herculean Task.
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 […]
Supply Chain Optimization
5 Changes You Need In Your Supply Chain Design Post-GST
Key Takeaways With the introduction of Goods & Service Tax (GST) initiatives, it has become critical for businesses to embrace the inevitable change and redesign their logistics flow to optimise and increase efficiency in supply chain. Supply chain now involves more than just ‘buying and selling’ of goods. Designing a seamless logistics network determines the […]
Route Optimization
How The World’s Best Route Optimization Engine Works
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
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’
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 […]
Blog
‘One Nation, One Tax’?—?A Sector-Wise Impact Breakdown
Key Takeaways The hula-hoop around GST has been spinning for a while now, just enough to make it a strong contender for news of the year. It is finally here, despite protests from various corners of the polygon that is the Indian business sector, from diamond merchants to fabric traders to the film industry. But […]
Fleet Optimization
Skill Based Routing: The Sorting Hat of Intelligent Logistics
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 […]
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