Commonly used Route Optimization Scenarios: A Cheat Sheet

Route Optimization (RO) is an operational planning exercise that has the potential to generate significant cost efficiency opportunities. If you are a Transportation executive looking to leverage RO  but are not familiar with what are some of the commonly used RO scenarios, this post will give you a very brief high level understanding of four commonly used RO scenarios.

The slides below are from a presentation that I created and used when I was teaching an Industrial Engineering class as a guest lecturer in University of Louisville. The original slides had additional technical details like overview of algorithms for each type etc. which I have excluded here. If you are interested in the entire deck, please feel free to reach out to me on (singhkum@umich.edu).

Standard Optimization

so

Backhaul Optimization

bo

Interleaved Optimization

io

Asset Optimization

ao

 

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