Agistix launches Total Visibility TMS solution
Agistix, a leading provider of transportation management solutions, announced the launch of its Total Visibility solution this week. The packaged solution delivers real-time visibility to counter blind spots of inbound, third-party and international shipment data that has historically not been captured by the software systems shippers used to manage their supply chain and transportation operations.
As supply chains continue to grow in complexity, organizations are finding it increasingly hard to answer even the simplest questions about their shipments. Traditional transportation management systems (TMS) provide only limited visibility into a company's overall shipment volume--a blind spot that can cost companies millions of dollars in high freight costs, shipping lane inefficiency, slow response times to shipping disruption and undetected fraud. Until now, addressing this challenge has proven difficult and costly, with expensive custom integration often the only recourse.
Total Visibility (TM) is a packaged technology layer that aggregates and normalizes all of a company's shipping activity, no matter who their suppliers and carriers are or how many TMS, ERP systems, freight pay or audit vendors they have. By placing this integration layer alongside every system that contains shipment data, including the TMS, and extending access to all supply chain partners, it helps companies achieve a comprehensive view into every shipment they have paid for--no matter where it's coming from or going to, anywhere in the world--with drill-down detail on each shipment and no manual effort required to aggregate the data.
“While many solution providers claim to deliver visibility, the reality is that most organizations often have no way of determining how much they're spending on shipping, which partners are performing best, or where opportunities lie to eliminate fraud and waste,” said Trevor Read, President, of Agistix. “Total Visibility delivers on the unfulfilled promises of visibility and reveals great, undiscovered potential in shipping data.”
Most supply chain partners are not technologists, and their systems are designed to move goods, not to support cross-platform aggregation and business intelligence. By contrast, Total Visibility is a cross-platform, cloud-based Software-as-a-Service (SaaS) layer that's both highly secure and open--and thus accessible to the many parties involved in a company's shipments.
If there's a problem, Total Visibility generates automatic alerts, empowering companies to take proactive steps to keep their shipment moving forward, and to notify recipients of any delays so they can plan accordingly. Beyond simply increasing productivity and reducing costs, it can also transform supply chain technology into a flexible, strategic tool for optimizing shipping lanes, moving high-value goods more efficiently and forming deeper partnerships.
“With XO's widely distributed inventory and shipping partners, it is critical that we can easily identify where our shipments are in the supply chain and leverage our carrier base appropriately,” said Alan Picket, Logistics Manager of XO Communications, a leading nationwide provider of advanced IP communications, managed network and IT infrastructure solutions.
“Agistix really helps us manage our costs -- and our budget -- because we have true visibility of our freight spend and shipping patterns.”
Edited by Kevin Scarpati
Elon Musk's Boring Co. planning wider tunnels for freight
Elon Musk’s drilling outfit The Boring Company could be shifting its focus towards subterranean freight and logistics solutions, according to reports.
A Boring Co. pitch deck seen and shared by Bloomberg depicts plans to construct wider tunnels designed to accommodate shipping containers.
Founded by Tesla CEO Musk in 2016, the company initially stated its mission was to offer safer, faster point-to-point transport for people, particularly in cities plagued by traffic congestion. It also planned longer tunnels to ferry passengers between popular destinations across the US.
The Boring Co. completed its first commercial project earlier this year in April. The 1.7m tunnel system is designed to move professionals between convention centres in Las Vegas using Tesla EVs. It says the Las Vegas Convention Centre Loop can cut travel time between venues from 45 minutes to just two.
Boring Co.'s new freight tunnels
The Boring Co.'s new tunnel designs would allow freight to be transported on purpose built platforms, labelled as “battery-powered freight carriers”. The document shows that, though the containers could technically fit within its current 12-foot tunnels, wider tunnels would be more efficient. Designs for a new tunnel, 21 feet in diameter, show that they can comfortably accommodate two containers side-by-side, with a one-foot gap between them.
The Boring Co.’s new drilling machine, dubbed Prufrock, can tunnel at a rate of one mile per week, which is six times faster than its previous machine, and is designed to ‘porpoise’ - mimicking the marine animal by ‘diving’ below ground and reemerging once the tunnel is complete.
Tesla’s supply chain woes
Tesla is facing its own supply chain and logistic issues. The EV manufacturer has raised the price of its vehicles, with CEO Musk confirming the incremental hike was a result of “major supply chain pressure”. Musk replied to a disgruntled Twitter user, confused as to why prices were rising while features were being removed from the cars, saying the “raw materials especially” were a big issue.
Car manufacturing continues to be one of the industries hit hardest by a global shortage in semiconductor chips. While China’s chip manufacturing levels hit an all-time high in May, and the US is proposing a 25% tax credit for chip manufacturers, demand still outstrips supply. Automakers including Volkswagen and Audi have again said they expect reduced vehicle output in the next quarter due to a lack of semiconductors, with more factory downtime likely.
Top Image credit: The Boring Company / @boringcompany