Nova Group IT company Nova Digital has launched RouteStripe, a route optimization solution that it says can help reduce logistics expenses by 30%. The solution has been widely tested by international logistics company Nova Post.
The RouteStripe solution is designed to make address delivery more efficient by using an API that enables integration with transportation management systems to optimize delivery routes and schedules.
According to Nova Digital, the brain of RouteStripe is a mathematical module that uses formulas and algorithms to create routes, in order to offer the best and most cost-effective solutions for the entire delivery process – from planning the route to returning the cargo to the customer. The system can analyze the efficiency of resource use; assess the accuracy of routes and the level of vehicle overloading; correct routes in real time; control the timeliness of deliveries; and track the work of couriers.
“With RouteStripe, we customize routes according to our needs. This has allowed us to reduce costs by 30%. Also, we have optimized the use of our vehicle fleet, which has reduced fuel consumption by 33.9%. This has not only reduced our operating costs, but also helped reduce CO₂ emissions,” noted Julia Popko, head of Nova Post‘s delivery division.