Vorto, a provider of supply chain sustainability solutions, recently announced the launch of Reload, a new platform powered by artificial intelligence that automates procurement, logistics and back-office activities. Reload automates supply chain functions including demand forecasting, product procurement, scheduling, carrier logistics, driver dispatching and invoicing.
Reload works by creating an automated marketplace where its AutoPilot feature automates the operations and transactions between the customers, suppliers and logistics. Reload uses AI to deliver autonomous decision-making across every procurement and logistics decision in real time.
“Supply Chain is an extremely dynamic and complex network of activities. Real time analysis and visualization of supply chain data is time-consuming, costly, and leaves room for errors in decision making,” said Priyesh Ranjan, CEO of Vorto. “Reload is designed as a step change in supply chain evolution that today’s businesses need. By just pressing AutoPilot, the software activates a completely autonomous decision-making platform that delivers significant monetary and environmental savings across procurement and logistics.”
Vorto is on a mission to increase sustainability and create more jobs by making supply chains more efficient across the entire value chain. Through powerful AI technology, Vorto’s autonomous supply chain platform seeks to reduce carbon emissions caused by supply chain transportation, improve the lives of approximately 3.5 million truck drivers by better utilizing their time and create more jobs across all players in B2B transactions. Vorto is facilitating a digital transformation in B2B supply chains by automating how we move, sell, and buy goods and eliminating the cognitive overload associated with other supply chain management technology. This technology automates data preparation, analysis and decision making, and is already used by Fortune 500 companies across North America.
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