Transmetrics – Revolutionizing Supply Chain Efficiency with Advanced AI Solutions

Transmetrics offers a cutting-edge AI platform exclusively designed for the Supply Chain industry. This advanced system optimizes transport planning by seamlessly integrating predictive analytics and machine learning. By combining human expertise with AI capabilities, Transmetrics ensures optimal operational efficiency while reducing the environmental impact of logistics operations.

The company has pioneered a unique approach to analyze, model, and predict transport flows with exceptional accuracy. Transmetrics' unparalleled technology requires a rare blend of expertise spanning various disciplines, including technical domains like Big Data and Predictive Analytics, along with specific industry knowledge in Transport and Logistics.

Transmetrics' products have provided significant advantages to leading logistics companies globally. These benefits include substantial reductions in transport costs, with some companies experiencing up to a 10% decrease. Moreover, fleet utilization rates have seen an increase of up to 14%, and fleet sizes have been reduced by 12%, all while maintaining consistently high service levels.

The Inception of Transmetrics: A Vision Born at a 2012 Transport Conference

In 2012, the founders of Transmetrics, then consultants for major players in the cargo industry, conceived the idea during a transport conference. They observed a prevalent issue of inefficient capacity utilization in many companies, left unaddressed. Recognizing the challenge, the founders developed a solution, which proved successful in a pilot project. Since 2013, Transmetrics has expanded from 4 co-founders to a dedicated team of over 35 skilled professionals, collaborating with esteemed cargo and logistics companies worldwide.

Transformative Logistics and Asset Management: A Comprehensive Solution

Transmetrics presents an intelligent platform offering unified forecasts for demand, supply, and positioning in multiple variations. Their adaptable system, tailored to your specific needs, employs purpose-driven modules to optimize vital aspects of your business. By streamlining planning operations and eliminating tedious data tasks, Transmetrics enable your team to focus on what truly matters—delivering outstanding service excellence.

Data Cleansing and AI Enrichment

Transmetrics has developed a unique method to improve data quality via the back end, using data that is extracted from the systems of their clients. This is an AI-driven data quality framework, which gives reliable results at a relatively low cost with a one-time set-up effort. Since this is an algorithm, it is an automated process that is continuously improved on a daily basis. Transmetrics cleanses the data on-the-fly, without in any way affecting the existing processes while running in parallel to the established operations. They currently offer integration with all major TMS, ERP, or Asset Management software. Logistics data is often incomplete and inaccurate due to an abundance of manual data-recording processes and human factors. Therefore, as the first step in providing state-of-the-art logistics analytics, Transmetrics connects with your TMS, ERP or asset management system to extract relevant data from your system(s) and drastically improve the quality of your operational data with machine learning.

Taking into consideration your specific business requirements, their platform collects information from different data sources of your company, allowing you to have the most complete and data-driven logistics analytics for your operations. With access to detailed historical reporting on operational performance, you can detect trends and target inefficiencies on local, regional or even global levels. Set the right KPIs and measurements, so your business is able to handle volumes more effectively, leading to better growth and long-term success with Transmetrics’ Logistics Analytics module

Business planning and modeling

Transmetrics incorporates forecasting into your custom optimization model, which generates a daily rolling forecast of upcoming shipment volumes on the most granular level per origin destination. The forecasting window can vary from one-day to several weeks, depending on your planning process, resources, and needs. The forecast is based on the cleansed historical data as well as on a set of external factors (e.g. public holidays, seasonality, weather, etc.).

While your historical data is already enough to build an accurate demand forecasting model, Transmetrics provides the most accurate predictions for your business. It incorporates external factors relevant to your business such as weather, holidays, financial market data, and port data among others. Considering these factors, Transmetrics pushes the prediction accuracy up to 95% allowing for the most optimal resource allocation in the given scenario. Even with the relevant external data, your logistics forecasting can exclude unpredicted factors such as a new big client signing up for your logistics services. That’s why Transmetrics allows manual forecast input and learns from it, providing your planning team with a tool that proactively reacts to the changing business environment.

Resource Optimization

Transmetrics smart algorithms calculate the most optimal planning to use your logistic resources based on historical data, expected service levels, business requirements, and costs. The platform can handle any type of asset -trucks, vans, containers, and everything in between- while always making sure that operational rules and constraints are respected. As a result, you get an optimized dynamic plan that can be used for day-to-day operations and long-term strategic decision-making. The software suggestions help planning managers to precisely determine whether to decrease or increase capacity, use their own fleet or subcontractors, where to reposition assets, and much more.

Planning your shipments and asset movements is easier with Transmetrics. The system-generated forecast aids planners to match demand with the optimal capacity or to plan your next maintenance activity, with tools that are optimized to get the job done quickly. Have the system propose a plan and then simply review it and adjust it. In case of highly repetitive trips or asset movements, simply copy the previous schedule and manually adjust for the newly forecasted demand.

Asparuh Koev | Founder & Chief Executive Officer

He is a successful serial entrepreneur with a proven record of building companies and leading them to success. Mr. Koev is passionate about starting up new companies, and getting them to an established business model and team.

“By seamlessly integrating predictive analytics and machine learning, we optimize operational efficiency while reducing the environmental impact. Our pioneering approach, combining human expertise with advanced AI capabilities, delivers exceptional results.”