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BX Platform Converting real time data into more efficient trucking operations

Project description

IT-based scheduling solution for trucking businesses

Today’s trucking businesses face one big hurdle: load efficiency. It is common for fleet managers to worry about accelerating an efficient trucking business. The EU-funded BX Platform project will develop an IT-based scheduling solution that considers orders and routes, as well as shifts and how to minimise costs. It will be based on proprietary AI algorithms and a 24/7 running platform that will ensure system agility and scalability. The project expects to reduce trucking costs by 10 % and as much as 50 % for the reduction of costs in the office. As such, the aim is to eliminate manual scheduling support costs and improve customer service.

Objective

Planning departments are generally appointed to coordinate and administer all activities in logistics supply chain, with the aim to create a highly efficient schedule. Nevertheless, due to a number of factors the complexity of transport scheduling is increasing rapidly resulting to the specific needs of cutting down costs, business process improvement and improved customer service. Hence there is a need for IT-based scheduling solutions that combine orders with routes and shifts in such a way that total costs are minimized and all business rules and service constraints are satisfied. Although, APS software can be useful for automated scheduling, existing applications mainly make use of batch planning algorithms limited to tomorrow and next day’s deliveries (12-24 hours old data). What is more, they fail to adapt to today’s business where planners has to make trade-offs between optimal and feasible routes and adjust to changes in the course of the day.
BX Platform reinvents the industry by enabling the concept of automated real time scheduling. Based on proprietary AI algorithms and a 24/7 running solid platform we connect the various stakeholders of the supply chain into a new market place, where real time data are converted into more efficient trucking operations and real-time communication is achieved. It results to the following unique offerings: 1) 5-10% reduced trucking costs through scheduling with real time data compared to 12-24 hours old data, 2) 25-50% reduced cost in the office: By eliminating manual scheduling support costs are significantly reduced and 3) Improved customer service: Customized portals and app to keep stakeholders constantly informed. We have achieved a degree of technological maturity which allows us to look towards the commercial stage We will need an additional investment to develop our software in such a way that scheduling can be planned automatically 24/7 based on the continuous feeding of real-time data from different sources.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

BOTTOMLINE SOFTWARE BV
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
WOLFSKAMERWEG 22
5262 SJ VUGHT
Netherlands

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Zuid-Nederland Noord-Brabant Noordoost-Noord-Brabant
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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