Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

LogiNext Launches AI Powered Financial Module to Drive Automation of Finance in Logistics Industry

Enterprises can now automate their payouts with LogiNext’s AI-enabled payment system to achieve timely deliveries in a cost-effective way

LogiNext Launches AI Powered Financial Module to Drive Automation of Finance in Logistics Industry
DC Velocity Staff
By DC Velocity StaffAug 03, 2023
DC Velocity Staff
See Full Bio

LogiNext, an industry-leading logistics automation firm, today introduced an AI-enabled payment module. The launch of this feature is focused towards offering convenience to enterprises in making better decisions while choosing their carrier partners for smoother and cost-efficient deliveries. The new feature is aimed ultimately at creating a revenue model that is suitable for everyone in the logistics chain using a smarter costing strategy with the power of automation.

The platform offers the facility to compare the charges of various carriers and drivers at a single place so that enterprises make an informed choice on picking the best one from the lot. With the help of AI-enabled and automated rate charts, LogiNext eliminates the manual intervention required for making such decisions. It also prioritizes various essential factors such as product specifications, distance of delivery, discounts, reattempts made and more.

LogiNext’s payment module is a whole new feature in the platform that entirely focuses on offering the most suitable ways of delivery to create a better customer experience. The feature-rich payment module is designed to offer convenience in multiple ways including:

• Offering smart AI based pricing and costing with end-to-end visibility of various costs included.
• Providing the facility to capture digital payments and offer convenience to the end customers.
• Introducing incentive driven financial models for drivers to keep them motivated and reward them for good performance.
• Scaling revenue with smarter decisions with faster and smarter choice from numerous options available.
• Streamlining End-to-End Operations right from choosing the suitable carrier to collecting digital payments.

All the listed parameters ultimately result in offering convenience as the drivers can make the most of digital payments along with faster reconciliation for CoD orders. By introducing this feature, the drivers are much more motivated to work for various incentives that the system easily allows to configure.

“LogiNext’s payment module can help enterprises in eliminating the confusion of picking the most cost-efficient carrier from all the options available. LogiNext has decoded the subtle way of bringing various costs included in shipping at one place. The ability to automatically calculate shipping charges and allow drivers to conveniently collect digital payments from customers can be a major contributor towards faster revenue growth and customer loyalty.” said Dhaval Thanki, Vice President - APAC & MEA, LogiNext.

By introducing a feature-rich payment module including digital transactions and faster reconciliation for CoD orders, LogiNext aims to contribute in creating a safer and satisfactory customer experience for all the enterprises.

https://loginextsolutions.com/
ProductsTechnologySC Services
loginext
ProductsTechnologySC Services
loginext

The Latest

laptops and cables for hackers
Article

TSA rule would require cyber risk management for railroads

seegrid CEO and pallet AMRs
Internal Movement

Seegrid to end AMR sales through Raymond

indigo software screenshot WMS
Article

Aptean adds British WMS vendor in latest acquisition

More Stories

AML launches StrikerX mobile computer

AML launches StrikerX mobile computer

Richland Hills, Texas, September 12, 2024. AML, a U.S-based manufacturer of barcode data collection products, announces the launch of its latest Android® product, the StrikerX mobile computer.

StrikerX is the evolution of its predecessor, the Striker, but comes equipped with the most powerful processing architecture available for devices in its class, the Qualcomm® QCS6490 processor running Android 13 at 2.7 GHz. Building on the success of the Striker, the new StrikerX maintains the same lightweight and compact form factor but makes a quantum leap in processing power.

Keep ReadingShow less

Featured

Logistics economy grew in October
Featured

Logistics economy grew in October

Stampin’ Up!’s Riverton, Utah, distribution center
Article

Picking reimagined

port of vancouver
Article

West coast dockworker strike could dent Canadian economy

autostore AS/RS at toyota materal handling site
Article

New AutoStore AS/RS at Toyota Material Handling’s DC will increase parts volume and fulfillment speed

A United States Postal Service van drives on a curving mountain road..
Article

Parcel express market confronts a shifting landscape

Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster Appoints Andrew D. Stamp as Director of Sales

Hamilton Caster & Mfg. Co., a 117-year-old industry leader in heavy-duty industrial casters, proudly announces the enhancement of its legacy Super Endurance Caster (SEC) series, now rebranded as the Spinfinity® Super Endurance Caster (ZFSEC) series. In addition, Hamilton is introducing the all-new Spinfinity® Super Endurance Dual Caster (ZFSEC2) series, both of which feature a new heavy-duty 'V-Style' seal designed to elevate performance in the most demanding environments.
The Spinfinity® Super Endurance Caster (ZFSEC) series replaces Hamilton’s legacy SEC series, setting a new benchmark for kingpinless caster design in extra heavy-duty applications. Central to this upgrade is the heavy-duty 'V-Style' seal, which offers protection against dirt, debris, and moisture. This advanced sealing technology ensures consistent performance and extends the life of the caster, making it the ideal choice for environments where reliability is critical.
"With the introduction of the V-Style seal, the ZFSEC series is engineered to withstand the harshest conditions while providing zero-fix, 100% maintenance-free operation," said Mark Lippert, president of Hamilton Caster. "This enhancement allows our customers to minimize maintenance costs and downtime, further solidifying Hamilton’s reputation for durability and dependability."
The ZFSEC series retains the robust construction that Hamilton is known for, including a swivel top plate and inner raceway made from forged steel, providing superior strength for shock conditions. Sealed precision ball bearings are also now standard in all wheels, contributing to the maintenance-free performance of the series. Notably, the zerk fittings have been eliminated, as the new design makes them unnecessary.
Complementing the ZFSEC series, Hamilton introduces the all-new Spinfinity® Super Endurance Dual Wheel Caster (ZFSEC2) series. This dual wheel series is engineered for extra heavy-duty applications where stability, durability, and maintenance-free operation are paramount. Like its counterpart, the ZFSEC2 series leverages the new 'V-Style' seal, ensuring that each caster is fully protected against contaminants that could compromise performance.
Combined with sealed precision ball wheel bearings, this caster series ensures zero-fix, 100% maintenance-free performance. The dual-wheel configuration enhances stability and allows for a lower overall height, offering a perfect blend of strength and maneuverability.
Casters in both series are finished in a durable HAA polyester platinum powder coat and are available in a wide variety of wheel types, allowing for customization based on application needs. For complete wheel specs and product details check out the Spinfinity® Super Endurance Caster Landing Page and all-new Spinfinity® Super Endurance Dual Caster Landing Page.

https://www.hamiltoncaster.com/Top-Menu/Resources/New-Products/hamilton-enhances-spinfinity-casters-launches-new-dual-wheel-caster-series

New Horizon Releases Innovative Functionality for Optimizing Inbound Logistics Scheduling at DCs

ACTON, Massachusetts – September 3, 2024 – New Horizon Soft, LLC (https://www.newhorizon.ai), a global leader in AI-powered supply chain planning software, announced today the release of a new version of its Buyers Workbench procurement planning software. The latest version includes the ability to optimally schedule inbound deliveries, taking into account distribution center (DC) receiving capacity, thus minimizing receiving bottlenecks and lowering inbound logistics costs. A research paper describing the innovative methodology and its deployment at an iconic $10B+ U.S. quick-service restaurant chain was recently published in the peer-reviewed academic journal, the International Journal of Operations Research and Information Systems.

Supply chain organizations typically plan purchase orders without regard to DC receiving capacity. This leads to bottlenecks on some days and underutilized staff on others. New Horizon’s methodology, called Master Purchasing Receipt Scheduling (MPRS), uses a novel algorithm to automatically and optimally schedule deliveries. The algorithm plans deliveries at the time of purchase order creation and results in a steady volume of deliveries and lower planning and logistics costs. While first deployed at a restaurant chain, the methodology is applicable to any manufacturer, wholesaler, retailer, or foodservice company operating high-velocity DCs.

Keep ReadingShow less
Thinkink Packaging Launches New Line of Custom Frozen Food Boxes to Enhance Product Freshness

Thinkink Packaging Launches New Line of Custom Frozen Food Boxes to Enhance Product Freshness

Pennsylvania, United States – August 2024 – Thinkink Packaging, a leader in innovative packaging solutions, is excited to announce the launch of its new line of Custom Frozen Food Boxes. Designed to meet the growing demand for sustainable and durable packaging in the frozen food industry, these new boxes offer a perfect blend of functionality, quality, and eco-friendliness.

The frozen food market is rapidly expanding, with consumers increasingly seeking convenient, ready-to-eat meals that maintain freshness and quality. Thinkink Packaging’s Custom Frozen Food Boxes are specially engineered to meet these needs, offering superior insulation to preserve product integrity from production to the consumer's freezer.

Keep ReadingShow less
Unlimited Service Group Launches New Repair and Maintenance Management Platform, USG Connect

Unlimited Service Group Launches New Repair and Maintenance Management Platform, USG Connect

ADDISON, Ill.--(BUSINESS WIRE)--Unlimited Service Group, a group of local foodservice equipment repair providers, today announced the launch of USG Connect, an innovative new repair and maintenance management platform designed to streamline and simplify the repair and maintenance of commercial kitchen equipment.

USG Connect provides commercial kitchens with a one-stop solution for hassle-free and scalable equipment service. The exclusive platform offers a user-friendly digital experience that allows restaurants, hospitals, hotels and more, to consolidate and manage their service requests into a single maintenance management system. No matter the size of the organization, USG Connect brings the power of 35+ trusted local service brands with more than 125 locations into a consistent service experience for our customers, ensuring seamless and effective management of all foodservice equipment service requests in one, easy-to-use online platform.

Keep ReadingShow less
Copyright ©2024.