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MHI

MHI is an international trade association that has represented the material handling, supply chain, and logistics industry since 1945. MHI members include material handling and logistics equipment and systems manufacturers, integrators, consultants, publishers, and third party logistics providers. Member companies come from all areas of material handling and various parts of the world, making MHI a strong national and international representative for the material handling and logistics industry. Much of the work of the industry is done within its product specific Industry Groups. The association sponsors trade events, such as ProMat and MODEX to showcase the products and services of the industry and to educate manufacturing, distribution and supply chain professionals on the productivity solutions provided through material handling, logistics and related activity.

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Innovation Awards

Summary of Innovation

Greenplan’s dynamic route planning algorithm drives sustainable business with data. By considering time-dependent traffic patterns, overlapping districts, and balanced loads, our software optimizes routing to reduce kms driven and CO2 emissions by up to 20% and total transport costs by up to 30%. These savings allow companies to reinvest in themselves and other green initiatives, empowering businesses of all scopes to pursue environmental responsibility while boosting productivity.

Greenplan’s three distinct solutions are customized to each company and easily integrated into operations, outfitting dispatchers with tailored tools for optimized performance. Greenplan Engine connects our powerful algorithm to any TMS via Rest APIs while Greenplan Planning offers tactical and strategic analyses without the need for an IT connection. The full package, Greenplan Execution, provides comprehensive management of daily operations with a user-friendly TMS. These diversified options improve the accessibility of Greenplan’s technology, enabling every business to supercharge their sustainability for the future of mobility.

Innovation Statement

Developed by scientists at the University of Bonn in collaboration with logistics experts at DHL, Greenplan’s routing algorithm leverages hard data on historical traffic flows, fleet capacities, and time-of-day-dependent factors to mathematically derive the most efficient routes for distribution. The dynamic calculation model is fully customizable, adapting to fluctuating demand and aligning with customer-specific priorities to best utilize available resources and reduce energy consumption.

Applicability

Executing operations on a global scale is increasingly complex and costly, but Greenplan’s intuitive technology empowers dispatchers with the ability to optimize routes efficiency, cutting costs, emissions, and time in a win-win-win for companies, customers, and the planet.

 

Posted Date1/18/24
ContactFlorian Merget
Contact Email
CategoryBest New Innovation in Sustainability

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