Avathon introduced autonomy for logistics planning, manufactured with accurate AI optimization technology for liquid bulk logistics.
Initially installed with a supermajor oil and gas company to transform planning and execution of fleet operations, the company is now extending the same core technology for all liquid bulk logistics networks, including rail tank cars, tanker trucks, and storage terminals.
The solution has proven to unlock significant time and cost savings during planning as well as replanning while increasing efficiency and revenue through improved fleet utilization.
Logistics Planning is built on Avathon's Autonomy Platform with a comprehensive knowledge graph foundation that unifies fleet management, scheduling, routing, management, and external rules and risk factors. The expanded application include:
- Integrates diverse enterprise system data sources for cargo, shipments, assets, weather, risks, constraints, and business rules across logistics operations.
- Automates planning and optimization of fleet schedules and asset utilization as the planning system of record.
- Develops rapid "what if" scenarios to evaluate trade-offs and risk-based resilience strategies. The preferred scenario can be seamlessly reviewed and approved – and even automated - for promotion to plan of record.
- Incorporates historic performance and real-time conditions to enable proactive diagnostics and prescription to autonomously manage exceptions and disruptions.
- Drives dynamic optimization with reinforcement learning instead of traditional static operations research techniques
By aligning these real-time variables with operational rules and asset data, Avathon equips cargo and asset owners and operators to optimize their logistics plans to strengthen reliability and resilience while improving efficiency.
Executive Statement
According to Pervinder Johar, CEO, Avathon, what they achieved with their first customer demonstrated the power of AI to transform complex operations and enhance profitability. They are now ready to scale this first-of-its-kind planning solution to all liquid bulk shipping fleets across the globe spanning hazardous, non-hazardous, edible and non-edible liquids and bringing enhanced safety and profitability to the industry.
