Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs with Gaurav Khandelwal
Listen now
Description
Gaurav Khandelwal and Joe Lynch discuss cash flow boost: 3 way scheduling for reducing holding costs. Gaurav is the Founder and CEO of Velostics, a logistics Software-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock and yard management and digitizing the gate in/out process for shippers. Summary: Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs Velostics offers a comprehensive solution to streamline transportation and logistics operations. By optimizing dock appointments, integrating with existing systems, and providing user-friendly features, Velostics helps businesses reduce holding costs, improve cash flow, and enhance overall efficiency. The platform's data-driven insights and yard management capabilities further optimize operations and support informed decision-making. With Velostics, businesses can streamline their processes, reduce costs, and improve their bottom line. #UnifiedScheduling #EfficiencyOptimization #CashFlowImprovement About Gaurav Khandelwal Gaurav Khandelwal is the Founder and CEO of ChaiOne and Velostics, discovered his entrepreneurial spirit from his father, a tea blender in India. Inspired by his father’s journey, Gaurav pursued higher education in the U.S. and later worked in business transformation at a consulting firm. His breakthrough came in 2008 with the launch of the Apple AppStore, prompting him to focus on ChaiOne, which created digital solutions based on behavioral science, where he uses data-driven insights to revolutionize the industrial sectors. This experience uncovered his passion for logistics, culminating in the creation of Velostics, where he uses technology to automate & optimize logistics operations. Beyond business, Gaurav founded START, Houston’s first tech co-working space, and serves on the board of Magic Bus, a nonprofit alleviating poverty in India. Recognized by Houston Biz Journals' 40 under 40 and as an EY Entrepreneur of the Year finalist, Gaurav is committed & ready to disrupt the traditional way of doing logistics. About Velostics Velostics is a logistics Software-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock and yard management and digitizing the gate in/out process for shippers. Their platform also automates scheduling for logistics service providers between carriers, shippers and consignees via their industry-leading 3-way scheduling solution. Velostics has a proven track record of minimizing manual tasks, errors, delays and demurrage, and increasing operational efficiency and throughput. Key Takeaways: Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs Streamline operations: Velostics platform optimizes dock appointments, reducing holding costs and improving cash flow. Seamless integration: Velostics rapid deployment solution integrates with existing systems, streamlining the drop-and-hook process. User-centric design: Prioritizing user adoption, Velostics text-based messaging system ensures quick scheduling and notifications, leading to improved cash flow. Intelligent inventory management: Velostics automated scheduling process helps manage inventory and reduce carrying costs. Data-driven insights: Velostics platform provides valuable data analytics to optimize facility performance and improve operational efficiency. QR-code convenience: Velostics QR code-based check-in and multilingual support ensure efficient dock assignment and facility optimization. Yard management excellence: Velostics yard management system streamlines handoffs, improves efficiency, and boosts cash flow. Data-driven decision making: Leverage Velostics analytics and variable labor models to optimize operations and improve cash flow. Unified platform: Velostics three-way scheduling platform, integrated with TMS, WMS, and ERP systems, helps streamline operations and improve cash flow. Timestamps (00:00:01) Cash Flow Boost: 3 Way Scheduling for Reducing Holding Costs (00:02:34) Appoi
More Episodes
Jake Hoffman and Joe Lynch discuss the Gnosis Freight Container Lifecycle Management® Platform and how Gnosis streamlines international logistics. Jake is the Chief Technical Officer at Gnosis Freight, the freight-tech company that pioneered the world's first Container Lifecycle Management®...
Published 10/31/24
Published 10/31/24
Josh Beatty and Joe Lynch discuss the RocketFuel story. Josh is the Co-Founder of Launch Fulfillment, LaunchPath Logistics, and RocketFuel Parcel Recharge. As Josh and his partner scaled Launch Fulfillment, they encountered some cash flow issues inherent in high volume parcel shipping that their...
Published 10/29/24