STOCK TITAN

Agillence to Provide Inbound Logistics Optimization Software to Toyota Motor North America, Inc.

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Agillence, Inc. has been selected by Toyota Motor North America (TM) to provide its proprietary optimization software, Agillence Lean Logistics Optimizer (ALLO), aimed at enhancing planning for inbound and service parts logistics networks. This software will help TMNA identify cost-saving opportunities and reduce planning cycle times. The collaboration highlights Agillence's expertise in logistics optimization, utilizing next-generation SaaS solutions to resolve complex supply chain issues.

Positive
  • Agillence's ALLO software will help TMNA find cost-saving opportunities in logistics planning.
  • The partnership may enhance operational efficiency by reducing planning cycle time.
Negative
  • None.

RESTON, Va., July 22, 2021 /PRNewswire/ -- Agillence, Inc., an optimization company, today announced that it has been selected by Toyota Motor North America, Inc. (TMNA) (NYSE: TM) to provide proprietary optimization software to support planning inbound and service parts logistics networks.

Agillence Lean Logistics Optimizer (ALLO)  software was selected by TMNA based upon its ability to solve its complex logistics network problems, while honoring lean principles.

"ALLO will provide TMNA the ability to find cost-saving opportunities in advance planning, cyclical planning and service parts delivery planning. ALLO also will enable the reduction of planning cycle time," said Steve Brown, Vice President, Parts Supply Chain Planning of TMNA.

"We have been hard at work to transform lean philosophy into science and offer it as the next generation SaaS and cloud-based logistics optimization software. We are really excited about the TMNA opportunity," said Srini Paruchuri, Vice President, Customer Strategy and Solutions of Agillence.

About Agillence, Inc.

Agillence has developed powerful "next generation" optimization technology for solving supply chain problems. Coupled with a unique web-based product architecture, Agillence delivers clients unprecedented benefits.

Agillence is proven in the area of automotive inbound logistics as experts. Agillence can provide the right people, process and technology to ensure optimized material flow. Our customers include OEMs, Tier suppliers and 3PLs across the globe.

Learn more about Agillence:  www.agillence.com and LinkedIn.

Learn more about Toyota Motor North America Inc. on Twitter, Facebook, Instagram, and LinkedIn.

Cision View original content:https://www.prnewswire.com/news-releases/agillence-to-provide-inbound-logistics-optimization-software-to-toyota-motor-north-america-inc-301339105.html

SOURCE Agillence, Inc

FAQ

What is Agillence providing to Toyota Motor North America (TM)?

Agillence is providing its proprietary optimization software, Agillence Lean Logistics Optimizer (ALLO), to support Toyota Motor North America's inbound and service parts logistics.

How will the Agillence software benefit Toyota Motor North America?

The Agillence software will enable TMNA to identify cost-saving opportunities and reduce planning cycle times for logistics.

When was the partnership between Agillence and Toyota Motor North America announced?

The partnership was announced on July 22, 2021.

What key features does the ALLO software have?

ALLO helps in advanced planning, cyclical planning, and service parts delivery planning.

What are the expected outcomes of implementing the ALLO software at TMNA?

The expected outcomes include improved cost savings and enhanced logistics network efficiency.

Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares)

NYSE:TM

TM Rankings

TM Latest News

TM Stock Data

239.16B
1.31B
1.57%
0.05%
Auto Manufacturers
Consumer Cyclical
Link
United States of America
Toyota