Enabled a leading IT company to predict operations accurately and predicting the service cost
Maximizing Profits with Route Optimization Analytics
About the Client
The Business Challenge
We built an IT Operations Analytics tool that will give the client access to accurate dashboards, predictive pricing, and predictive analytics.
What Aptus Data Labs Did
We devised and built a time-series forecasting analytics tool to allocate the number of TC (time-charted ships) and VC (voyage-chartered ships) in an optimized way.
The Impact Aptus Data Labs Made
The supply chain scheduling and route optimization tool helped the client to schedule the voyages accurately. Additionally, the client was also able to reduce the logistics costs of the charter assignment.
The Business and Technology Approach
Aptus Data Labs used the following process to build a supply chain scheduling and route optimization tool to resolve the business challenge.
The supply chain scheduling and route optimization analytics solution helped the client to predict the schedule for voyages for the following year efficiently. Moreover, the client was able to minimize the total charter cost by planning and strategizing based on the predictive results. Therefore, the client was also able to fully automate the voyage schedule generation reducing manual workforce and resources.
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