Trakm8 Holdings plc
Trakm8 Holdings plc
07/02/2024 | Press release | Distributed by Public on 07/02/2024 09:25
Trakm8 and Iceland Foods Win Delivery Solution of the Year at Retail Systems Awards
Trakm8 and Iceland Foods Win Delivery Solution of the Year at Retail Systems Awards
In a stellar celebration of excellence and innovation, Trakm8 and Iceland Foods have been honoured with the Delivery Solution of the Year Award at this year's Retail Systems Awards, held at the prestigious Marriott Grosvenor Square.
This award highlights the ground-breaking work of Trakm8's AI Optimisation and Slot Booking Solution for last-mile delivery, which has been integrated into Iceland Foods' operations. Trakm8's cutting-edge technology manages slot booking, vehicle loading, and routing schedules through advanced AI optimisation, providing essential front-end software and apps for comprehensive data management. The solution integrates with Iceland Foods' tills and online ordering systems, enhancing their delivery capabilities.
Iceland Foods offers home delivery bookings, available online and in-store. Trakm8's sophisticated software and algorithms are instrumental in planning vehicle selection, loading, and delivery order, significantly optimising the delivery process.
Key achievements from this collaboration include:
- Launching an optimised home delivery system
- Achieving improved vehicle fuel costs
- Rolling out a second-generation solution using Trakm8's latest optimisation algorithm and slot-booking solution, projected to further reduce fuel costs
Additionally, Trakm8 provides telematics and camera systems, built on the same software platform, allowing for deeper data integration and a unified platform for comprehensive fleet management.
John Watkins, Executive Chairman at Trakm8, expressed his pride in the achievement, stating, "Winning this prestigious award is a fantastic accolade. Our AI Optimisation & Slot Booking Algorithms are best in class and have delivered remarkable results. We are thrilled to have Iceland Foods as a valued customer benefiting from our last-mile delivery solutions. The development of our AI Optimisation has revolutionised last-mile delivery operations for supermarkets and retailers."
Echoing this sentiment, Emma Tysoe, Head of IT Development for Retail & Marketing Systems at Iceland Foods added, "We are delighted to win the award. Our collaboration with Trakm8 has reduced costs and significantly impacted our fleet delivery operations, and our customers are enjoying quicker and smarter deliveries."
The recognition of Trakm8 and Iceland Foods at the Retail Systems Awards underscores the transformative power of their partnership, setting a new standard in the retail delivery sector.