Vector is a yard management platform that connects shippers, carriers, and receivers to streamline logistics operations, reducing dwell time by 67% and doubling gate throughput. By automating gate entry and exit processes and providing real-time visibility, Vector minimizes transportation costs and enhances operational efficiency across the supply chain.
Funding
Funding not disclosed
Founders
Product
Problem
Shippers, carriers, and receivers often face challenges in coordinating logistics operations within yard environments, leading to increased dwell times, reduced gate throughput, and higher transportation costs. Manual processes, lack of real-time visibility, and inefficient communication contribute to these inefficiencies across the supply chain.
Solution
Vector offers a yard management platform that connects shippers, carriers, and receivers to streamline logistics operations and enhance efficiency. The platform automates gate entry and exit processes, eliminating the need for manual guard shacks and reducing errors associated with handwriting and manual data entry. By providing real-time visibility into yard activities, Vector minimizes transportation costs, optimizes yard capacity, and reduces driver dwell time. The system facilitates digital check-in, driver messaging, and electronic bill of lading (eBOL) capabilities, ensuring seamless communication and document management across the supply chain.
Target Audience
Vector primarily targets shippers, carriers, 3PLs, and receivers seeking to optimize their yard operations, reduce transportation costs, and improve overall supply chain efficiency.
Features
- Digital Yard Access: Automates gate entry and exit processes, eliminating guard shacks.
- Driver Messaging: Enables real-time communication between facilities and drivers.
- eBOL: Digitizes bill of lading processes for faster and more accurate documentation.
- Analytics & Reporting: Provides insights into yard operations to identify areas for improvement.
- Digital Yard Audit: Streamlines yard audits with digital tools and real-time data.
- Yard Moves: Optimizes the movement of trailers within the yard.
- Automated Gate Entry & Exit: Speeds up gate processes through automation.
- Dynamic Scheduling: Allows for flexible and efficient scheduling of appointments.
- Document Capture: Digitize load documentation such as Bill of Ladings, Proof of Deliveries, Trip Sheets, etc.
- Imaging (OCR + AI): Applies Optical Character Recognition and Artificial Intelligence to streamline document processing.
- Rendition Billing: Automates billing processes for carriers.
- Integrates with SAP, E2Open, Manhattan, and Microsoft systems.