Log-hub
Log-hub announced updates to its Supply Chain Apps, to include the Matrix Creator, improved data input workflows, and updates to Milkrun Optimization Plus, Transport Optimization Plus, and Geocoding Apps.
Key takeaways:
- The Matrix Creator, designed to generate freight matrices with customizable parameters based on historical shipment data, helps businesses manage complex shipping patterns and structure freight costs using four matrix types, including weight-zone and weight-distance models. While Freight Matrix simplifies shipment cost calculations, Matrix Creator analyzes past shipment costs to generate competitive rate tables. This feature helps logistics service providers prepare tenders or tariff proposals to optimize pricing strategies, negotiate better contracts, and identify discrepancies in their cost structures.
- The latest update introduces the External Costs feature for Milkrun Optimization Plus and Transport Optimization Plus apps, a "make or buy" decision-making tool that enables businesses to evaluate whether handling deliveries in-house or outsourcing to a third party is more cost-effective.
- Beyond these updates, the Log-hub Platform now includes Scenario Comparison Speed Boost, helping users compare supply chain scenarios faster, enabling quicker decision-making during critical planning stages; new APIs for Demand Forecasting App & CO2 Emissions Analysis, allowing seamless integration of forecasting and emissions tracking into the users’ existing workflows; and KNIME Hub Integration, new nodes for demand forecasting and emissions analytics simplify data processing in KNIME models.
