With operations in over 20 countries and more than 3 million loads tracked per year, Shippeo is the European leader in supply chain visibility. Each day, they use machine learning algorithms to keep track of their customers’ deliveries using real time information. In this episode of LokadTV, we are joined by Pierre Khoury, the CEO and co-founder of Shippeo, who discusses with us both the benefits and challenges of real time visibility in a supply chain.
We learn how, through the use of these machine-learning algorithms, Shippeo manages to give their customers a complete oversight of deliveries, overcoming particular elements such as road transportation, which has been considered as a black box in supply chain visibility for many years.
In addition to this, we discuss the importance of obtaining real time information for supply chain professionals to be able to better evaluate their supply chain. For example, Shippeo were able to help one of their clients in a highly valuable way when faced with the “gilets jaunes” (yellow jackets) protests that have been occurring in France.
For Lokad, the use of connected ‘IOT’ devices can improve the accuracy of lead time calculations. We investigate and evaluate how the two tools can work well together and how having a real time perspective of operations companies can make better economic decisions.
To conclude, we learn how understanding the location of stock and shipments has been used in the past to quickly anticipate problems and improve the efficiency of supply chains as a whole.