Optioryx provides AI-powered microservices that enhance warehousing and shipping operations through mobile dimensioning, picking optimization, and packing optimization. The platform reduces walking distances by 20-45%, increases picking productivity by 15-25%, and improves fill rates by 20-30%, leading to significant cost savings and operational efficiency in the logistics supply chain.
Funding
$110K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Warehousing and shipping operations often suffer from inefficiencies due to inaccurate master data, suboptimal picking routes, and inefficient packing strategies. These inefficiencies lead to increased walking distances for warehouse staff, lower picking productivity, higher shipping costs from wasted space, and inaccurate truckload planning.
Solution
Optioryx provides a suite of AI-powered microservices designed to optimize warehousing and shipping operations. The platform includes a mobile dimensioning application for accurate SKU, parcel, and pallet measurements, picking optimization software for data-driven route planning, and packing optimization tools to determine the best configuration of items in boxes and on pallets. Optioryx also offers truck load planning to automate and optimize the process of loading goods onto trucks. These microservices integrate with existing Warehouse Management Systems (WMS) to provide an AI layer that enhances operational efficiency and reduces costs.
Target Audience
Optioryx targets 3PLs, shippers, carriers, and WMS providers seeking to enhance their warehousing and shipping operations with AI-driven optimization.
Features
- **Mobile Dimensioning App:** Captures quick and accurate measurements of SKUs, parcels, and pallets using AI scanning.
- **Picking Optimization:** Increases pick density and reduces labor costs through data-driven picking path optimization and heatmaps for congestion control.
- **Packing Optimization:** Increases fill rates in boxes and enables the building of stable and full pallets.
- **Truck Load Planning:** Optimizes the process of loading goods onto trucks, reducing transport costs and truck loading time.
- **Slotting Optimization:** Allocates SKUs to the optimal warehouse location based on inventory velocity and storage utilization (Coming Soon).
- **API Connectivity:** Seamless data transfer and integration to existing WMS.
- **Flow Builder:** Accommodates a variety of operational flows, allowing users to configure the sequence of modules & gather the data they need for their operations directly within the app