Quintiq Inc. announced its selection by Wal-Mart Stores Inc. to provide a next-generation load assignment and dispatch system designed to lower the total miles driven and improve the efficiency of the retailer’s U.S. fleet. “We believe this demonstrates that no supply chain is too large or complex for our state-of-the-art supply chain optimization software,” says Victor Allis, chief executive officer of Quintiq.
The Quintiq Software, configured for the retail and distribution industry, is designed to support the logistics load managers at Walmart with assigning loads to driver-truck combinations to create optimal sets of trips, and to dispatch those trips through an onboard computer to the driver. Based on real-time updates from the driver’s onboard computer, Quintiq’s optimization engine is designed to continuously reoptimize the sequence of trips and provides recommendations to logistics load managers through its user interface.
Quintiq says its software is based on an in-memory technology that provides direct feedback to the end-user and allows for increased visibility of a retail supply chain. Fast system feedback to end users is necessary, especially in a logistical environment where decisions need to be made within seconds. Quintiq says the in-memory technology allows for users to evaluate the impact of their individual decisions on the overall performance indicators in a real-time environment.
