Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, April 08 2021 - 11:30
Locus Launches NodeIQ to Optimize Strategic Supply Chain Decisions and Improve Customer Profits
SAN FRANCISCO, April 8, 2021 /PRNewswire/ --

- New Strategic Decision-Making Automation Technology Complements the Company's 
Tactical and Operational AI-Driven Supply Chain and Logistics Planning Solutions

   Locus (, a global B2B SaaS company that automates human 
decisions in the supply chain, today announced the release of a new product: 
Locus NodeIQ. Locus NodeIQ is a smart supply chain decision-making platform 
that enables companies to perform end-to-end network and inventory 

    Locus, which focuses on fast-moving consumer goods (FMCG), consumer 
packaged goods (CPG), retail, home services, third-party logistics (3PL), 
e-commerce and industrial enterprises, provides a portfolio of products that 
drive efficiency with AI and machine learning. Locus offers intuitive products 
that are simple to use and designed to solve specific problems enterprises 
encounter when managing complex supply chains. Locus automates decision-making 
to optimize every facet of logistics, such as route, capacity and network 

    NodeIQ takes it to the next level, automating strategic supply chain 
decisions that impact four key areas: flow, location, inventory, and strategic 
sourcing. With NodeIQ, users can optimize the movement of goods, from raw 
materials to delivery of finished products, identify optimal facility locations 
to address supply and demand gaps, optimize stock levels and improve strategic 
sourcing. NodeIQ factors in real-time constraints like service levels, lead 
times, costs and capacity to minimize costs and maximize efficiency. 

    "A black swan event like the pandemic demonstrates the importance of 
agility in the supply chain," said Krishna Khandelwal, Chief Business Officer 
Locus. "But supply chains are enormously complex, and depending on the scope of 
the operation, the number of factors to weigh in while making the right 
strategic decision is truly beyond human capacity. NodeIQ's AI-powered 
strategic decision-making capabilities let enterprises make the right strategic 
choices so they can stay agile and optimize results at every level."

    Locus products are gaining users worldwide because the platform is simple 
to use. Supply chain optimization is a data-intensive function, but Locus uses 
AI and other advanced technologies to cleanse data, flag anomalies and deliver 
clear insights. Following the same product principle of ease and simplicity, 
Locus NodeIQ uses a digital twin approach to make it easy for clients to test 
various scenarios and drill down to specific segments of the supply chain to 
assess potential impact. As a result, Locus customers operate more efficiently 
and are able to respond quickly when business conditions change. 

    "When COVID-19 hit, demand supply planners, procurement managers, supply 
chain analysts, ecommerce and warehousing specialists and other supply chain 
leaders at organizations around the world came together to assess how the 
pandemic was affecting the supply chain and make decisions on how to move 
forward," Khandelwal observed. "Lack of digital visibility hampered this effort 
for too many enterprises. Locus NodeIQ and our complete portfolio of solutions 
can provide that visibility."

    To learn more about Locus, please visit 

    About Locus
    Locus is a deep-tech platform that automates human decisions in the supply 
chain to provide efficiency, transparency, and consistency in logistics 
operations. The platform uses deep machine learning and proprietary algorithms 
to offer smart logistics solutions like route optimization, real-time tracking, 
insights, and analytics, beat optimization, efficient warehouse management, 
vehicle allocation, and utilization. Locus also helps companies optimize their 
end-to-end supply chain network with its strategic consulting offering. The 
company powers deliveries across Southeast Asia, the Indian Subcontinent, 
Europe, and North America. For more information, please visit

    Media Contact: 
    Locus Media Contact 
    Julie Solomon 


    Source: Locus