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10 Best Supply Chain Companies to Watch 2020

Only unified global supply chain visibility offering with one seamless experience and frictionless collaboration across the ecosystem: project44

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As the global economy moved into the 21st Century, logistics became a critical part of supply chain management and consumer demand. In less than two decades, logistics management has influenced product movement to meet or exceed consumer demand. Companies saw they could lower costs and increase productivity by managing logistics on system theory and managing the company to boost performance. By creating partnerships with suppliers, shipping services, and warehouses, and connecting these services through automated systems, the logistics of getting products to the consumer are improved with reduced overhead costs and faster delivery. When companies create a blueprint that outlines the logistics of the supply chain, each component within that logistics model stays focused, reduces expenses, and moves quickly and efficiently, resulting in higher customer satisfaction. Logistics helps companies understand the key metrics, core processes, and long-term goals of their supply chain so they can get the right item to the right place at the right time.

Logistics within supply chain management is constantly changing to meet consumer demands and is an essential component of supply chain management. It involves the planning, carrying out, and managing goods, services, and information from the point of origin to the point of consumption. Logistics aligns the intricate pattern of traffic and transportation, shipping and receiving, import and export operations, warehousing, inventory management, purchasing, production planning, and customer service. Companies see logistics as a critical blueprint of the supply chain. It is used to manage, coordinate, and monitor resources needed to move products in a smooth, timely, cost-effective, and reliable manner.

project44 is a tech and logistics experts solving real supply chain problems innovators with ambition, fixing the tech issues that plague the global supply chain. Born in Chicago, the logistics capital of the world and one of the fastest-growing tech hubs, project44 now employs colleagues across the U.S. and Europe. Together, the firm has created the world's leading Advanced Visibility Platform™ for shippers and logistics service providers.

Revolutionary solutions and services offered by project44

Supply Chain Visibility for Shippers: It helps the customers make more effective decisions under pressure with access to high-fidelity transportation data and predictive insights across every step of their global supply chain. The all-new AI-based technology ensures products are available when your customers need them while maximizing throughput, minimizing production downtime, and reducing inventory levels.​ It also helps the customers to make smarter decisions about inventory management, planning, and exception handling using tracking based on the purchase order, line item, or SKU. These insights let you free up cash while streamlining operations. Eliminate costly manual processes. One can continuously track shipments, purchase orders, line items, or SKUs to improve inventory management, resulting in more reliable, predictable deliveries. Grant universal access to transportation data and delivery ETAs by making project44 the single source of truth for your global supply chain. It strengthens planning, reduces dwell times, and eliminates fines by proactively managing lanes, in-transit shipments, and events with custom dashboards and reports.

Advanced Visibility for Logistics Providers: The firm has built the industry's only Advanced Visibility Platform™, so you don't have to. It focuses on helping your customers through market volatility and leaves multimodal carrier connectivity and shipment workflow automation to us. It also helps your customers keep their supply chains on track by removing friction from the process when you share end-to-end visibility insights all without placing any extra burden on your team. With project44's easy-to-use SaaS platform, you can finally retire inflexible, obsolete legacy systems that monopolize development time and require complex integrations. Focus your IT resources on value-added products that will drive more revenue and attract more customers, rather than building and maintaining automation and carrier connectivity.

Advanced Visibility Platform™: project44 takes a unique, API-first, and bottoms-up approach to visibility, enabling you to automate processes rapidly, collaborate with stakeholders, and increase performance. project44 was architected to be the supply chain's connective tissue. Over the years, the firm has built the world's most robust multimodal network.

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The company's approach to global and multimodal connectivity lets you track inventory throughout its entire journey, including truckload, LTL, volume LTL and groupage, ocean, rail, air, parcel, and final mile. The platform automates the complex task of cleansing, normalizing, and enriching data from a variety of network sources into a format everyone can quickly act on it. project44 meets the highest standards of data privacy. Whether your data is in transit or at rest, using project44 strengthens your security. This is a reliable infrastructure complete with numerous redundancies and constant monitoring to ensure consistent access.

Advanced Visibility for Food and Beverage: Ensure your products hit stores on time and intact to reduce costs and waste with the power to make proactive decisions based on real-time transportation visibility data and predictive insights. Increase on-time delivery performance, reduce late penalties, and keep customers updated with real-time visibility insights. The firm helps increase efficiency and avoids delays or downtime with more insight into upstream activities and supplier performance. It also reduces wasted product costs and handles issues before they occur with predictive ETAs and temperature tracking to maintain margins, especially perishable items.

Advanced Visibility for Manufacturers: project44 helps the clients from receiving materials through shipping to thousands of customers or distributors and increases efficiency in every step of your global supply chain with real-time transportation data and predictive insights. From chemicals to plastics and paint, one can gain a complete view of the shipment's journey to avoid delays that cause costly downtime and meet industry safety and regulatory requirements. Continuously track shipments, purchase orders, line items, or SKUs to improve inventory management. The firm provides a streamlined collaboration with a single source of truth for transportation data, shipment dashboards, and delivery ETAs for all stakeholders. The customers can customize dashboards proactively managing lanes, in-transit shipments, and events with custom dashboards and reports.

Advanced Visibility for Retailers: Whether you're delivering to customers at home or in-store, gain predictive insights and real-time visibility throughout your supply chain to create the experience your customers expect while increasing efficiency and reducing shipping costs. Exceed the growing customer delivery expectations using real-time visibility and predictive ETAs to handle shipment issues proactively and provide transparency to customers. The customers can increase cost efficiency as the firm meets customer needs at the lowest possible cost ensuring products are available when customers expect them while synchronizing fulfillment operations. ​ It allows the customers to reduce excess inventory by making smarter inventory decisions by tracking shipments, purchase orders, line items, or SKUs to improve transit time accuracy and minimize transit time variability.

Agility in Uncertain and Challenging Times: project44 enables you to adjust plans and manage your end-to-end supply chain with both precision and flexibility even under the stress of significant disruptions and widespread uncertainty. It lets their customers get accurate, real-time ETAs powered by AI and machine learning, enabling them to prioritize essential inventory and develop alternative solutions to mitigate potentially missed deliveries or out of stocks. These services are offered at the lowest possible cost ensuring products are available when you need them while maximizing throughput, minimizing production downtime, and reducing inventory levels.​

Predictive Tracking and ETAs: It helps increase agility and the ability to make decisions under pressure with a holistic picture of all your in-transit shipments. One can elevate service with better inventory planning and efficient personnel coordination, minimizing wait times for drivers at docks, and reducing carbon emissions. With access to the industry's most accurate and predictive ETAs, you can better manage appointments, improve dock scheduling, and proactively adjust resources. Precise location information and custom geo-fencing enable you to meet OTIF requirements and reduce costs associated with late deliveries and excessive dwell. You'll always know where your inventory is and when it will arrive.

The ardent visionary behind the success of project44

Jett McCandless is the Founder and also serves as the Chief executive Officer of project44. He has an overall experience of 20 years in the transportation, logistics space, and supply chain management sector. He has run several supply chain start-ups; his passion for logistics and technology led him to launch project44. Prior founding project44, he was Principal at GlobalTranz, a company with gross annual revenue of $500 million. Mr. Jett's leadership has guided multiple start-ups from ideation stages through expansion.

"We exist to enable a more productive and successful world. We aim to usher in a new era of trust and predictability to transportation and logistics."