FOR IMMEDIATE RELEASE: November 13, 2018
Chicago, IL. (Nov 13,2018) – Advanced Solutions a leading provider of SAP Supply Chain Solutions. announced that they are working with several automotive customers to trial the efficiency and effectiveness of a blockchain based eBOL solution.
“We are looking for opportunities for efficiencies and cost savings in the supply chain and one area we have focused some attention on is the use of paper Bill Of Ladings, a technology that has not changed since the middle ages. Working with several key customers we have extended our BOL² solution to post Bill of Lading transactions to a blockchain. Our goal with this trial is to gain valuable intelligence on the real world obstacles to the digitization of crucial components of the supply chain paper trail.” said Phillip Avelar Principal at Advanced Solutions.
BlockChain is a distributed ledger technology introduced to support BitCoin crypto currency, due to it’s capabilities it is becoming a technology enabler being trialed to solve real world problems in Finance, Supply Chain and Healthcare.
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About Advanced Solutions
Founded in 1999, Advanced Solutions specializes in supply chain orchestration solutions and is a pioneer in AI/ML applications in the logistics industry. In 2003, Advanced Solutions developed the industry’s first logistics document classifier using machine learning technology. In 2015, it released the logistics industry’s first complete electronic Bill of Lading (eBOL) solution, AdvancedBOL for SAP.
The company’s flagship products, OrchestratorAi and AdvancedDock for SAP, leverage over a decade of AI/ML expertise to bring intelligent, automated functionality to the supply chain. AdvancedDock for SAP, a next-generation yard and dock orchestration platform, exemplifies Advanced Solutions’ commitment to innovation, efficiency, and sustainability in logistics.
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