EGS Invests in Artificial Intelligence from Quintiq to bring a new level of Intelligence to Intermodal Logistics
20 September 2017 - ‘S-HERTOGENBOSCH, The Netherlands--(BUSINESS WIRE)
Quintiq, a Dassault Systèmes brand and global leader in supply chain planning and optimization (SCP&O), announces that it has partnered with European Gateway Services (EGS) to bring a new level of intelligence to intermodal logistics. European Gateway Services (EGS) offers the market an integrated network for transport to and from the European hinterland.
To better support its customers, EGS takes standard planning strategies to a new level with a synchromodal trip optimizer using Quintiq’s planning and optimization software, which employs artificial intelligence to choose the optimal modes and routes at all times.
Quintiq technology makes synchromodality possible and profitable
European Gateway Services has an extensive network: the two terminals of parent company Hutchison Ports ECT Rotterdam (ECT) in the Port of Rotterdam as well as other deep sea terminals in Rotterdam and Antwerp are connected to EGS’s inland terminals and other inland terminals, by rail, barge and road. The key differentiator between the offering of EGS and those of intermodal service providers operating throughout Europe is simple but powerful – while intermodal service providers typically run fixed routes made up of pre-defined modalities and legs, EGS allows for mode- and route-neutral transport solutions. It selects the most reliable, efficient and sustainable route at that moment for that customer.
When planners work with Excel or other traditional route planning technologies, fixed routes are typically the only way to plan, given the limitations of human capacity and the standard technology. However, by leveraging artificial intelligence, planners can work without these restrictions and manage higher levels of complexity. Powered by the speed and intelligence of the Quintiq software, all possible modes and routes are dynamically evaluated. This allows the system to perform a wide search in real time to find the most optimal solution in terms of costs, on-time delivery and capacity utilization among other KPI’s.
Illustration Photo: EGS invests in artificial intelligence from Quintiq (Photo: Business Wire)
Real-time optimization to deliver real benefits
The Quintiq software draws on EGS’ data and its network in real time to ensure that plans remain optimal even when external factors such as delays affect the network. The result is a growing network of efficient, reliable and sustainable connections.
According to Rob van Egmond, CEO at Quintiq, “The power of synchromodality lies in the balance it brings between overall efficiency and customer service. The challenge lies in the massive jump in complexity and scale. That is where Quintiq’s artificial intelligence comes in, allowing EGS to master, and capitalize on, that complexity.”