Technical Details and Feature Descriptions





What It Does Key Capabilities How It Works Accessing LoadOpttm
What It Does
The LoadOpttm program is a solver which takes as input information about a set of shipments due to be delivered within a limited time frame (typically a couple of days in the future, or maybe up to a week from now) and determines the lowest cost combination of those shipments into full or partial truckloads to take advantage of the economies of shipping via a truckload carrier with en-route stopoffs in contrast to standard LTL (Less than TruckLoad) carrier rates.  In determining the lowest cost combination, LoadOpttm considers the direct LTL or truckload option (sending the shipment by itself) as well as the costs, distances and transit times associated with truckload service.

Importantly, LoadOpttm can take into account your customer service requirements, giving preference to shipments that are already late or have been defined as "hot".  The output of the solver is then directed into your Transportation Management Software (TMS) for the preparation of Master Bills of Lading for each of the combined shipments it has recommended.  Alternatively, you can download the solver results into Excel spreadsheets or other standard data formats -- using your desktop Web browser.
 

Key Capabilities
LoadOpttm was designed by transportation professionals to serve the real needs of the transportation industry.  Thus it has many capabilities asked for by Transportation Managers and Planners:
  • Handles multiple origins to multiple destinations - either inbound or outbound or a combination
  • Supports planning "continuous moves" in which an outbound truck empties, then picks up inbound freight for a round trip
  • Combines freight based on weight, cubic volume or trailer length utilization factors
  • Provides for up to the best 5 pool distribution options at each destination and/or the best 5 pool consolidation services at each destination -- but there's no limit to the number of pool locations you can define
  • Accepts your actual freight rates on each shipment or can store your freight rates in its own rate tables (default freight rates can be used for planning purposes)
  • Stores TL rates based on any combination of State, 3-Digit Zip, and 5-Digit Zip (6 in Canada) for tremendous TL rating flexibility
  • Can look up estimated LTL rates if you make use of nationally recognized LTL tariffs.  Also can store your custom LTL rate information.  Discounts can be assigned on a state-to-state or zip-to-zip basis as well.
  • Provides geographic validation to insure correct city/state/zip information has been provided
  • Has capacity for up to 1500 shipments in one solver run, up to 24 shipments per truckload.  Maximum allowable stops per load can be set from 1 to 24.
  • Takes into account transit time impacts on motor carrier costs as it builds multi-stop loads
  • Estimates freight costs for each shipment on the load (allowing accurate allocation of total freight charges across sales orders or purchase orders)
  • Applies customer service standards the way you do: it accepts standards like "we try to deliver in two days, but we will go to 3 if we have to" and "we have to deliver in 1 day to our 'A' level customers, everyone else gets 2 day service".
  • Can optimize both common carrier truckload shipments as well as private fleet deliveries
  • Optionally will optimize use of a fleet of dedicated operations vehicles, sending the overflow to common carriers -- TL or LTL
  • Highly configurable, with over 120 user-settable parameters that govern how solutions are developed
  • Calculates truckload transit times segment-by-segment, taking into account Federal hours of service regulations, individual shipper and/or consignee dock hours, and volume-based estimates of loading and unloading time.
  • Has its own consignee/shipper location database for dock hours, loading times, required service levels, geographic details, and much more so that your TMS or order entry system doesn't need to have that information (but it can use your information, if you have it).
  • Requires no installation on your computers or complicated licensing of software.  All services are provided over the Internet and charged for at a modest per-order basis.
How It Works
At its foundation, LoadOpttm is a Genetic Algorithm type solver.  The Genetic Algorithm is a form of Artificial Intelligence that enables the solution of so-called "hard problems".  In modern Systems Science terms, a "hard problem" is one of those for which huge numbers of possible solutions may exist, and for which there is no accepted mathematical formula that allows for simple calculation of what is "best".  For example, taking a typical set of 150 shipments in sizes ranging from 1000 to 20,000 pounds, a diverse array of physical dimensions and weight and a range of delivery requirements, not to mention the possibility of using pool distribution carriers for the final delivery of some or all, the number of possible solutions may number in the trillions.  Further, there is no way of quickly calculating what the theoretically lowest cost combination of shipments is, short of literally trying them all -- an approach that might take millennia even with today's fastest computers.

This is where the Genetic Algorithm can be used to sort through the nearly infinite number of possible solutions and arrive at a very good solution with astonishing speed, given the nature of the problem.  Using this technique, LoadOpttm can achieve a solution better than the best human transportation scheduler against that set of 350 shipments in less than 30 seconds, and produce a very, very good solution inside of 3 minutes.  "Not the best solution?" you ask.  No, in most cases, we can't even be certain that there is a single best solution out of the trillions of possible (mostly very bad) solutions.  What counts is that we come up with a very good solution that takes all the factors into account and is measurably better than that of a human planner and other computer-based solutions.  That we are a fraction of a percent away from the "perfect" solution, if there is one, isn't really very important if we have met this standard.

Accessing LoadOpt
Some  people choose to access LoadOpttm directly via their Web Browser.  This enables them to upload shipment data directly from their computer.  Then they can edit shipments and selectively include/exclude them from the optimization.  Finally, they launch the optimizer.  A few minutes later, they retrieve the results in one of several available formats for input into their local systems or for delivery to the shipping dock for preparing orders.  For a demonstration of how LoadOpttm's on-line interface works, click here.  Microsoft's Internet Explorer versions 5.0 and later are supported, as are FireFox version 3.0 and higher and Chrome version 5.0 and higher.  Other browsers may perform satisfactorily, but are not officially supported.

LoadOpttm output is provided by default in Microsoft Excel, DBF, CSV, and/or XML format.  Customized formats are available for modest cost.  Inputs also can be accepted in Microsoft Excel, DBF, CSV, and/or XML formats.  Technical documentation on input and output formats is available on request.  See our contacts page.

Alternatively, you can integrate LoadOpttm into your company's transportation management system (TMS) -- either a commercial package or your in-house developed tools.  A variety of mechanisms are provided to send data to and receive it from LoadOpt.  These include sending and receiving text files via FTP, and other Internet-based tools for communication.  In all instances, LoadOpttm is provided as an Application via the Internet.  It is run on our servers and accessed by your systems through Internet connections.  This frees you from the substantial investment in high-end analysis servers and all the related implementation and on-going maintenance costs.  Also, it ensures that you always have access to the very latest LoadOpttm technology.

See our Technology Partners page for links to the TMS software providers who currently support interfaces to LoadOpttm.

LoadOpt is a Trademark of Evos Logistics, Inc., all rights reserved.
Site copyright 2003-2011

LoadOpt Home