BENTONVILLE, Ark., March 14, 2024 — For years, Walmart has used AI to create a more efficient supply chain, reducing emissions while helping ensure more of the items its customers want are available where, when and how they wish it. Today, the company makes the same award-winning, AI-powered logistics technology: Route optimization – available to all businesses as a Software as a Service (SaaS) solution through Walmart Commerce Technologies.
“We have invested a lot of time, resources and operational know-how in creating solutions like route optimization, but this can be a barrier for many businesses,” said Anshu Bhardwaj, senior vice president and Chief Operating Officer, Walmart Global Tech and Walmart Commerce Technologies. “By adopting our AI-powered technology at scale, businesses can eliminate the need and expense of developing their own technology and instead focus on what they do best: serving their customers.” »
Route Optimization allows businesses of all sizes to use AI-powered software to optimize driving routes, pack trailers efficiently, and minimize miles traveled. Using this same custom technology, Walmart avoided 94 million pounds of CO² by eliminating 30 million unnecessary miles and optimized routes to bypass 110,000 inefficient paths. Walmart won the prestigious Franz Edelman Prize in 2023 to build and deploy this technology on a large scale.
