ALEXANDRIA, Va.--(BUSINESS WIRE)--Savi®, an innovator in big data/machine learning analytic solutions, supply chain management software, and sensor technology, today announced Savi Visibility™. Savi Visibility delivers the ability to see end-to-end movement of multiple mode shipments and precisely predict when shipments will arrive at their destination. Savi Visibility™ ingests live streaming data to provide an accurate view of shipment statuses and locations. While other supply chain software solutions rely on dated Electronic Data Interchange (EDI) feeds, Savi solutions consume and integrate billions of live streaming data points from the IoT, sensor readings, GPS, telematics and ocean vessel locations to reveal comprehensive supply chain visibility. Savi’s machine learning models are applied to massive, live data streams to predict ETAs that are accurate within minutes — giving shippers, carriers and 3PLs a competitive advantage.
Savi Visibility™ customers saw an improvement in ETA forecasting that was six times more accurate than planned ETAs using live streaming data alone. And after applying machine learning, Savi Visibility™ produced ETAs that were on average 20 times more precise over time.
Savi Visibility™ can alert on late or trending late shipments, early arrivals, deviations from plan, and cargo tampering, allowing supply chain managers to focus attention where it’s needed. Savi's intuitive interface easily highlights events that require immediate action. With a verified factual view of in-transit shipment and accurate ETAs, supply chain managers can confidently make real-time decisions, improve supply chain orchestration, increase customer and partner trust, and enhance security of high-value goods.
“Our architecture is designed to allow customers to leverage big data in unlimited ways,” said Jim Hayden, Savi Executive Vice President of Product. “The Savi platform is insanely scalable and constantly learning — it combines the latest in data science and machine learning technology with our deep knowledge of supply chain operations to give supply chain leaders the ability to continuously improve and gain competitive advantage.”
Savi delivers live streaming facts and insights about the location, condition, and security of in-transit goods. Using big data and analytics, Savi equips shippers, carriers, 3PLs, and governments with actionable insights to optimize supply chains before, during and after transit, reducing costs and inventory while improving service. Savi is trusted to support some of the world’s largest and most complex supply chain networks for large CPG, Pharma, the US DoD and over a dozen government agencies around the globe.