Company Research Report: project44
Company Overview
- Name: project44
- Mission: To make supply chains work by enabling shippers, logistics service providers (LSPs), and carriers to reduce costs, optimize operations, deliver exceptional customer experiences, and drive greater resiliency and sustainability.
- Founded: No information is available
- Founder: Jett McCandless
- Key People: Jett McCandless, Founder and CEO
- Headquarters: Chicago
- Number of Employees: No information is available
- Revenue: No information is available
- Core Competency: project44 is known for being a leader in supply chain visibility, providing end-to-end visibility for over 1 billion shipments annually across multiple industries including manufacturing, automotive, retail, life sciences, food & beverage, consumer packaged goods, and oil, chemical & gas. It has a significant global presence, operating through a high-velocity supply chain platform named "Movement by project44".
Products
Movement by project44
- Description: A high-velocity supply chain platform designed to connect various parties within the supply chain, enabling improved visibility and collaboration.
- Key Features:
- Predictive insights and AI-powered automation.
- Real-time visibility and management of in-transit inventory.
- Comprehensive data collection and analytics capabilities.
- Reduction of manual track and trace activities by 50% and increasing on-time deliveries by 40%.
- Allows carriers, shippers, and LSPs to optimize operations through automation.
Initiate
- Description: A tool for streamlining pre-transit workflows through simplified spot market rate requests and tender bookings.
- Key Features:
- Direct carrier booking via API or Movement.
- Informed carrier management and shipment routing decisions.
- Market trend rate benchmarking.
project44 Facilities
- Description: A platform to enhance facility operations using real-time data and workflow automation.
- Key Features:
- Automates processes across gate, dock, and yard.
- Reduces driver wait times and improves asset utilization.
Last Mile Platform
- Description: Focuses on enhancing the last mile customer delivery experience through real-time visibility and proactive communication.
- Key Features:
- Improves customer communication from order to doorstep.
- Offers predictive delivery dates.
Newly Released AI Capabilities
- AI Data Quality Agents: Autonomously resolves visibility gaps, reducing manual efforts in achieving data compliance.
- AI Disruption Navigator: Identifies global supply chain disruptions with a personalized impact view.
- MO, AI Supply Chain Assistant: Provides instant answers to complex queries, speeding decision-making processes.
Recent Developments
- New Capabilities: The company has recently integrated six AI and optimization capabilities aimed at automating and optimizing resource-intensive supply chain tasks.
- New Features:
- AI-powered capabilities like AI Data Quality Agents, AI Disruption Navigator, and MO, the AI Supply Chain Assistant.
- New optimization tools for freight procurement analytics, task management, and returns visibility.
- Recent Recognition:
- Named as one of the Most Innovative Logistics Companies by Fast Company.
- Awarded 2023 Google Cloud Industry Solution Technology Partner of the Year for Supply Chain & Logistics.
- Product Enhancements: project44 has introduced functionalities that enhance visibility and efficiency across a range of logistics operations, emphasizing the importance of data-driven supply chain management.
- Partnerships: Extended a significant partnership with Google Cloud to leverage their technology, adding value to Google Cloud’s Supply Chain Twin solution.
Conclusion
project44 continues to solidify its position as a leader in supply chain visibility and innovation, consistently enhancing its platform with new AI capabilities, achieving recognition for its contributions to the logistics industry, and expanding its partnership ecosystem to streamline complex supply chain operations across the globe.
