Radnor, Pa.—Feb. 15, 2012—Wal-Mart Stores Inc. has selected Quintiq Inc.’s supply chain optimization software solutions for improved load assignment and dispatch system procedures to lower the total miles driven and improve the efficiency of the retailer’s U.S. fleet.
Quintiq Software, configured for the retail and distribution industry, enables Walmart logistics load managers 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 continuously re-optimizes the sequence of trips and provides recommendations to logistics load managers through its user interface.
"We are delighted with Walmart's choice of Quintiq,” said Victor Allis, Chief Executive Officer of Quintiq. “We believe this demonstrates that no supply chain is too large or complex for our state-of-the-art supply chain optimization software.”
Quintiq 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. 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.