219: Leverage the power of AI to optimize your transport planning, with Transmetrics

Today I’m joined by Transmetrics, a leading tech company that optimizes logistics planning and asset management by leveraging the power of predictive analytics and artificial intelligence. Transmetrics is a state-of-the-art AI platform developed exclusively for logistics. Established in Bulgaria in 2013, Transmetrics’ unrivaled technology uses a unique approach for analyzing, modeling and predicting transport flows with very high accuracy. Combining the technical knowledge of big data and predictive analytics with hands-on expertise in transport and logistics, Transmetrics’ solutions have brought significant benefits to top-tier logistics companies worldwide. Today Marc Meyer, Chief Commercial Officer at Transmetrics, joins me to chat all about the company; what they do; the challenges that the logistics industry is facing right now; and the role data, AI and tech innovation will play in the coming years.   IN THIS EPISODE WE DISCUSS: [05.47] How and why Transmetrics was founded. “In most of the companies the founders were working for, there was an issue of inefficient capacity utilization – with no one out there willing to face that challenge.” [09.35] An overview of what Transmetrics does, and how it helps its customers. “We bring just-in-time processes to logistics, with the help of artificial intelligence and machine learning.” [12.34] How the system's broad areas of ‘analyze,’ ‘forecast’ and ‘optimize’ come together to create a smart and robust all-in-one platform. [18.50] A closer look at how the Transmetrics platform works, as well as the integration and implementation process. [24.46] Marc reflects on the power of data, and how the Transmetrics platform cleanses and enriches client data. “Data is only valuable in the right hands, and with the right intentions.” [29.00] Transmetrics' unique approach to combining people and AI, with their ‘best of both worlds’ ethos. “There should always be someone involved – not only controlling and checking the machine, but bringing an empathetic view.” [32.44] Transmetrics’ ideal customer. [35.25] An impressive case study, detailing how the Transmetrics platform helped a key customer. [41.22] The future for Transmetrics. “We want to reshape and revitalize the industry! By making the industry a nicer place to work, and more sustainable, we can do a lot to change it for the better”   RESOURCES AND LINKS MENTIONED: Head over to Transmetrics' website now to find out more and discover how they could help you too. You can also connect with Transmetrics and keep up to date with the latest over on LinkedIn, or you can connect with Marc on LinkedIn. Check out our other podcasts HERE.