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velostics

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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.”
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