FRANKLIN, Tenn., April 25, 2023 (GLOBE NEWSWIRE) — ProvisionAI is now the only provider of a patented, optimized transportation planning solution for replenishment. The Managing Optimization of a Network Flow patent is a proven way to optimize the cost and service of a deployed transport network. The patent was granted for ProvisionAI LevelLoad Solution.
“We are pleased to be rewarded with this patent because LevelLoad has saved millions in storage and transportation costs while improving customer service,” said Thomas A. Moore, Founder and CEO of ProvisionAI. “It solved the problem defined by a VP of Transportation: ‘We provide product that may not be needed at a higher price from locations that may have difficulty shipping to and from locations that may not be in the able to obtain it.” The combination of holistic network optimization, intelligent early bidding, and load size maximization has reduced supply chain volatility and lowered costs. My hat goes to our team of hands-on data scientists and logisticians who have bridged the gap between planning and execution. Now customers’ schedules work.”
In typical legal terms, the patent reads: “A method, system and/or computer-usable program product for managing the optimization of a transportation network system, including identifying a set of conditions for transportation between a set of origins and a set of destinations during a series of time periods, prioritizing each item from the set, utilizing a set of network constraints and costs, utilizing a set of loading constraints for a set of transport units, the loading constraints limiting the quantity and placement of items for each transport unit, optimizing a set of the set of transport units for transporting the set of items between the set of origins and the set of destinations during the set of time periods based on the prioritization of each of the set of items, the network constraints and costs, and the loading limitations for each…
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