Did you know that optimizing routes can reduce transportation costs by 15 percent? M2X, an order generation and route optimization solution specializing in bulk logistics, joined BizSpeed for a live interview. Listen to Chad Oginz, the CEO, as he discusses bulk logistics routing challenges and best practices.
As the CEO of M2X, Chad has 30 years of experience in logistics from both an operator and a software solution perspective. M2X is a BizSpeed partner with cloud-native route optimization, order generation for monitored and non-monitored tanks, and cost-to-serve analytics.
Unpack how route optimization can:
- Reduce transportation costs by 15%
- Use up to 30% more truck capacity
- Boost customer satisfaction with accurate delivery notifications
We discuss multi-vehicle, multi-compartment route optimization, time window constraints, maximizing asset utilization, integration with HOS systems, and more.
Get all your route optimization questions answered:
- How do customers justify route optimization? (ROI, customer service, and asset utilization)
- What does my team need to implement and support?
- How do you get dispatcher buy-in?
- What do customers say after 1, 2, or 3 years of using optimization?
- Everyone talks about AI. What have you seen in logistics?
Featured in this live interview:
Chapters:
00:00 – Introductions
7:52 – Optimization changes in the last 5-10 years
11:40 – Who and what drives strategy
17:27 – The importance of starting with baselines before implementation
19:51 – How data studies contribute to ROI and KPIs
22:51 – Leadership direction for seasoned business converting to Gen 2
24:24 – How long can this process take
27:10 – What’s involved in the data process that people don’t understand
31:22 – Technology skills and team needed for a logistics solution
34:34 – AI in automation and on the technology side
39:31 – The biggest people challenges
42:49 – Lightning round of final questions
46:52 – Outro
Show notes and transcript:
Review a readable copy of the full transcript and show notes for Best Practices Series: Route Optimization ft. M2X.
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Learn more about petroleum logistics best practices through additional panel interviews with industry partners. Catch replays of our previous sessions:
