Transportation is the single largest source of GHG emissions, and last mile delivery accounts for 50% of shipping costs.
The demand for last-mile logistics has skyrocketed in the past decade and is projected to increase even further, worsening congestion and emissions in urban areas. Route optimization has the potential to address these problems by improving truck utilization, reducing vehicle miles traveled and fuel consumption, resulting in companies doing more with less. With its real-time autonomous dispatch and routing software, Wise Systems helps companies optimize their deliveries, learn from real-time driver feedback and delight their customers. Their machine learning continuously improves fleet efficiency and service levels so that customers in food beverage, courier, energy, field service and other markets typically see 10-15% mileage reductions, significant increases in fleet utilization and up to 80% decreases in late deliveries. This creates a win-win of strong ROI for Wise Systems’ customers as well as longer-term environmental benefit.
Q & A with Wise Systems
- What motivated you to found your company?
When we founded Wise Systems, we were interested in smart cities and new ways that data could be applied to improve different industries. As we learned more, the opportunity to fundamentally reshape last-mile operations using new data sources and machine learning became clear. We also saw the potential to redesign and drastically improve the experience for everyone in the process—drivers, dispatchers and delivery recipients.
- Why did you choose to partner with Valo?
We are delighted to partner with Valo. Their focus aligns with our mission and long-term vision, and their values align with ours as well. The Valo team brings broad experience and perspectives that will help us continue to scale, and we’re honored to work with them.