In the logistics industry, inefficiencies and wastage have long been significant challenges, with many supply chains suffering from empty runs and underutilized resources.
These issues not only drive up costs but also contribute to a substantial carbon footprint.
In response to these pressing problems, MatchLog was established in 2019 with a clear mission to eliminate dry runs and optimize every modal used for delivery, thereby cutting down on carbon emissions and operational inefficiencies.
Founders and Vision
Founded by Dhruv Taneja, Harsh Vardhan Gupta, Manish Singh, and Abhishek Baheti, MatchLog emerged from a deep understanding of the container supply chain.
With a combined experience of handling over one million containers annually, the founders recognized the need for a technology-driven solution to tackle the widespread issue of waste in logistics.
Their collective vision was to create a global network that could save up to ten billion kilometers of wastage from empty runs, ultimately enhancing the efficiency of cargo, containers, and trailers across the supply chain.
Innovative Solutions
MatchLog’s approach centers around optimizing cargo, equipment, modal, and transport routes to benefit every stakeholder in the supply chain.
The company’s innovative platform includes three key components: the Transport Management System (TMS), STinder, and MatchLog Integrated Street Turn Yard (MiSTY).
Each of these elements plays a crucial role in addressing the inefficiencies in container transportation.
Transport Management System (TMS)
The Transport Management System (TMS) is a comprehensive digital platform designed to streamline operations management.
It provides users with a user-friendly interface for managing the entire lifecycle of a transport transaction, from creating work orders to tracking shipments and managing documentation.
TMS supports intermodal and multimodal options, enabling users to compare prices, explore various transportation methods, and automate cumbersome processes.
This integration helps in optimizing logistics operations, reducing time constraints, and tackling complex movement challenges.
STinder: Street Turn Finder Platform
STinder, the Street Turn Finder platform, is another vital component of MatchLog’s solution.
As India’s leading Street Turn Enabler, STinder enhances hinterland transportation by converting visibility into actionable matches.
It optimizes container utilization by facilitating efficient street turns and reuses, thus lowering costs and minimizing environmental impact.
STinder addresses the issue of underutilized containers by ensuring that they are used to their maximum potential, which directly contributes to reducing carbon emissions and operational costs.
MatchLog Integrated Street Turn Yard (MiSTY)
The MatchLog Integrated Street Turn Yard (MiSTY) acts as a strategic network point in the hinterland.
It serves as an interface where modal operators can bring containers for digital surveying, alignment, and triangulation with export bookings available on the TMS platform.
MiSTY’s triangulation capabilities, known for optimizing container reuse and avoiding empty rides, are driven by advanced algorithms that consider over 40 parameters.
This process ensures faster turnaround times, cost savings, and reduced carbon emissions.
Impact, Mission and Future
The combination of these three solutions enables MatchLog to offer a comprehensive approach to reducing waste and improving efficiency in logistics.
By integrating advanced technology with manual workflows, MatchLog creates a seamless experience for stakeholders, ensuring that containers, equipment, and vehicles are always running laden and in close proximity to each other.
MatchLog’s mission is to minimize freight wastage by optimizing the use of containers, cargo, and trailers through their extensive network.
The company aims to significantly reduce the carbon footprint associated with logistics operations and enhance operational efficiencies for its stakeholders.
By addressing the core issues of inefficiency and waste, MatchLog stands at the forefront of transforming the logistics industry.
In summary, MatchLog’s advanced solutions enhance logistics efficiency by eliminating empty runs and optimizing container use.
Their technology-driven approach not only reduces costs and carbon emissions but also sets a new standard for sustainable supply chain management