Company Market Research Report: Velostics
Company Overview
Name: Velostics
Mission: Velostics aims to deliver intelligent high-performance logistics through end-to-end scheduling orchestration for shipping and receiving, enabling the streamlining of logistics processes and boosting supply chain efficiency.
Founded: No information is available
Founders: No information is available
Key People:
- Gaurav Khandelwal – Founder & CEO
- Idris Gagan – Head of Product & Customer Success
- Tara Gallagher – Head of Marketing
Headquarters: 4201 Main Street, Suite 200-172, Houston, TX 77002
Number of Employees: No information is available
Revenue: No information is available
Known For: Velostics is known for its innovative logistics Software-as-a-Service (SaaS) platforms that specialize in unified scheduling of shipments, dock and yard scheduling, as well as digitizing the gate in/out process for shippers, brokers, freight forwarders, and end customers.
Products
Unified Scheduling Suite
Description: Velostics' Unified Scheduling Suite provides end-to-end scheduling orchestration for shippers, streamlining the entire logistics process from scheduling to delivery.
Key Features:
- 3-Way Scheduling: An industry-first solution to keep suppliers, carriers, and customers synchronized.
- Slot Management: Streamlines appointment booking for all facilities.
- Dock Scheduling: Advanced dock scheduling with PO validation.
- Pass Technology: Text-based driver check-in/out with no app required.
- Yard Management: Lite yard and trailer management with no hardware needed.
Dock Scheduling
Description: Dynamic dock scheduling system to optimize dock utilization and enhance throughput.
Key Features:
- Intelligent Dock Assignments: Automated assignment of docks based on availability, equipment type, and priority.
- Manage by Milestone: Notifications on the risk of detention and benchmarks across facilities.
- Highly Configurable: Customizable for each facility to optimize performance.
Yard Scheduling
Description: Modernizes yard operations to reduce idle times and optimize load scheduling.
Key Features:
- Load Scheduling: Easy drop & hook appointments.
- Asset Utilization: Efficient tracking and movement of yard assets.
- Detention Risk Reduction: Exception notifications with time and customer-based rules.
Recent Developments
New Products Launched
- 3-Way Scheduling Solution: Velostics has unveiled their 3-Way Scheduling system, transforming logistics coordination with real-time visibility and automation.
- Unified Scheduling with Redwood: Partnership with Redwood Logistics to integrate Velostics' scheduling solutions into major TMS systems, such as Oracle and MercuryGate.
New Features Added
- Integrated TMS Synchronization: Integration with Oracle Transportation Management (OTM) to automate delivery and pickup, reducing manual effort and improving operational efficiencies.
- Real-Time Check-Ins and Check-Outs: Automates check-in and check-out processes directly within OTM, providing accurate real-time data to improve decision-making.
Partnerships
- Redwood Logistics: Strategic partnership aimed at revolutionizing dock and yard scheduling and minimizing IT support required for integration.
- Oracle Transportation Management (OTM): Native integration to streamline logistics processes and provide end-to-end shipment management capabilities.
Case Studies and Webinars
- Pallet Service Corporation: Achieved over 90% carrier self-scheduling and a 95% reduction in detention claims by implementing Velostics' scheduling tools.
- Asahi Kasei Plastics: Slashed loading times by 80% through the adoption of Velostics’ dock and yard scheduling solutions.
- Mark Anthony Brewing: Enhanced supply chain efficiency and solved inbound load scheduling delays with Velostics technology.
Customer Testimonials
- Dennis Bailey, Manager of Shipping and Receiving: “Loads that took 2-3 hours now take 30 mins with Velostics.”
- Mike Shorts, Chief Operating Officer: “Velostics was key in supporting our expansion and business growth without additional hiring.”