In the world of efficiency and precision, supply chain management can be a differentiating factor between success and failure. Constantly seeking innovations to deep dive into the factors that hinder supply chain functioning and rectify them with artificial intelligence/machine learning framework, 3SC Solutions, a Gurugram-based supply chain analytics and software solution company, has launched iTMS, (Intelligent transport management solution) a SaaS platform. It’s a high-performance end-to-end transportation planning, settlement, and execution platform that optimizes an enterprise’s logistic operation through advanced analytics.
“The launch is a testament to our organization’s capabilities to incorporate the latest technological advancements to catalyze value chain functions,” said Lalit Das, founder and CEO, 3SC Solutions. iTMS uses artificial intelligence (AI) and data analytics to combine the nitty-gritty of the entire logistics transportation life cycle.
The system combines multiple functionalities that make daily operations more efficient. There is the Order AI tool, which makes the order acquisition process automated and refines product configurations and pricing.
Then comes another crucial component, Shipment Planning and Optimization, which uses technologies such as artificial intelligence and machine learning to make dispatch routes and delivery schedules faster while increasing accuracy and creating the ability to adapt to real-time situations.
Taking it to the next level is the Execution Orchestration Tool. Tracking with geo-tags, the tool provides intel about potential delays and reroutes accordingly for better delivery performance. Last but not least are two tools — Contract and Rate Management and Billing and Settlement — which assist in simplifying overseas trade processes and auditing logistic-related financials, respectively.
With its data-driven insights and prediction capabilities, AI has the power to optimize logistics operations in an unprecedented way. It can help companies make smarter decisions, reduce costs, and enhance overall efficiency.
“Integrating AI into the supply chain industry has become increasingly important in recent years as it offers the potential to streamline operations, enhance efficiency, reduce costs, and improve overall supply chain management. Integration of AI into the supply chain is an ongoing process that requires collaboration between data scientists, IT professionals, and supply chain experts,” Das said.
3SC Solutions provides businesses with a comprehensive solution for managing their transport operations. Das believes iTMS is providing better visibility to companies in their supply chain, leading to more efficient and cost-effective transportation.
It extends its services to clients across healthcare, industrials, FMCG, eCommerce industry, food industry, and many more. “We help our clients in enhancing the accuracy of their planning, forecasting, and optimization of different sectors of the supply chain,” Das said.
Das laid down his strategy of continuous learning, collaborations, investing in emerging technologies, sustainability initiatives, cybersecurity, and data-driven decision-making to stay ahead in a rapidly changing business landscape. 3SC Solutions, he says, offers a glimpse into the future of supply chain management.
With ongoing advancements in AI and data analytics, Das explains, “AI is promising to shift the landscape of how industry conduct their daily operations. Like any new technology, its implementation drives its relevance. To maximize the potential, companies need to invest in how efficiently they collect and process their data. It will lead to identifying data patterns that can help the supply chain management identify bottlenecks and plan their value chain operation accordingly.”
